3d ago
KUALA LUMPUR, March 25 (Bernama) -- Oil prices are expected to fall to US$66 per barrel in the second quarter of 2026 (2Q 2026), following a stronger performance of US$78 per barrel in the first quarter (1Q 2026), before gradually recovering towards year-end, according to BMI.
5d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, March 24 (Bernama) – The decision by oil companies to shift away from West Asia and support offshore crude oil exploration in Southeast Asia could potentially benefit offshore support vessel (OSV) operators.
8d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 21 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to remain in consolidation mode next week, in line with the cautious tone in the cash market.
9d ago
BEIJING, March 19 (Bernama-dpa-AFX) -- Asian stocks nosedived on Thursday as rising oil prices following attacks on key energy infrastructure in West Asia rekindled concerns about inflation, interest rates, and the regional growth outlook, reported dpa-AFX.
11d ago
KUALA LUMPUR, March 17 (Bernama) -- OCBC Group Research has revised its Brent crude oil forecast higher, expecting prices to remain elevated at around US$100 per barrel through mid-year before easing towards US$70 per barrel by early 2027 amid ongoing supply disruptions.
11d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, March 17 (Bernama) -- Heightened geopolitical uncertainty surrounding developments in the Strait of Hormuz could influence global capital flows, with commodity-exporting economies such as Malaysia potentially better positioned amid rising energy prices.
16d ago
KUALA LUMPUR, March 13 (Bernama) -- AM Best has downgraded the financial strength rating to A- (Excellent) from A (Excellent) and the long-term issuer credit rating to “a-” (Excellent) from “a” (Excellent) of Malaysia’s Energas Insurance (L) Limited (ENERGAS).
16d ago
KUALA LUMPUR, March 12 (Bernama) -- Oil and gas integrated service provider Elsa Bhd has received approval from Bursa Malaysia Securities Bhd to list on the ACE Market of Bursa Malaysia.
17d ago
By Nor Baizura Basri
KUALA LUMPUR, March 11 (Bernama) -- Petronas said the elevated crude oil prices resulting from the US-Iran conflict are expected to produce some mixed outcomes for the company.
19d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 9 (Bernama) -- Bursa Malaysia closed broadly lower today in line with widespread selling across regional markets as the intensifying conflict in the Middle East dampened investor sentiment and reignited concerns over global inflation.
20d ago
BATU PAHAT, March 9 (Bernama) -- The Ministry of Plantation and Commodities has increased the allocation for the development of the pepper industry to RM45.8 million in 2026 under the 13th Malaysia Plan (13MP), compared to RM21.4 million last year.
20d ago
KUALA LUMPUR, March 9 (Bernama) -- Malaysia may be able to maintain the price of RON95 fuel at RM1.99 per litre even if global oil prices rise amid tensions around the Strait of Hormuz, but doing so could increase fiscal pressure and affect fiscal consolidation plans, said an economist.