3d ago
By Samirul Ariff
Public discussion about energy often begins with a simple question: how much oil does a country possess? Yet this question, while intuitive, can be misleading. The real determinant of energy security is not merely the quantity of hydrocarbons beneath the ground, but the institutions and systems that govern their extraction, transport and distribution. Malaysia’s experience illustrates this principle clearly.
3d ago
KUALA LUMPUR, March 14 (Bernama) -- Malaysia’s oil supply remains stable, cushioned by diversified crude and product sourcing, as well as deepwater storage and terminal infrastructure at the Pengerang Integrated Petroleum Complex (PIPC).
5d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 12 (Bernama) -- The ringgit ended lower against the US dollar at the close on Thursday on concerns over oil supply disruptions amid the war in Iran.
5d ago
WASHINGTON, March 12 (Bernama-dpa) -- US President Donald Trump said he will release strategic oil reserves to stabilise rapidly rising prices, adding that the reserves would be replenished afterwards, German Press Agency (dpa) reported.
6d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 11 (Bernama) -- The ringgit strengthened against the US dollar, other major currencies, and ASEAN peers at Wednesday’s close following news that the International Energy Agency (IEA) has proposed releasing oil reserves, which could help stabilise global crude oil prices.
6d ago
KUALA LUMPUR, March 11 (Bernama) -- Bursa Malaysia extended its upward trend to close higher on Wednesday, supported by improved market sentiment following reports of a potential release of strategic oil reserves aimed at easing the recent surge in global energy prices, said an analyst.
7d ago
By Siti Radziah Hamzah
KUALA LUMPUR, March 10 (Bernama) -- Oil prices retreated from their highest level since 2022 to below US$100 per barrel on Tuesday after the Group of Seven (G7) signalled its readiness to release emergency reserves, easing some of the market anxiety triggered by the escalating conflict between the United States and Iran.
7d ago
By Karina Imran
KUALA LUMPUR, March 10 (Bernama) -- The ringgit opened firmer against the US dollar on Tuesday, supported by improved risk sentiment, although caution lingered in global markets amid the ongoing US-Iran conflict, an analyst said.
14d ago
By K. Naveen Prabu
KUALA LUMPUR, March 3 (Bernama) -- Crude oil prices may head towards the US$90-US$100 per barrel level following the disruption at Saudi Arabian state-owned oil giant Saudi Aramco’s Ras Tanura plant, analysts say.
9m ago
By Siti Radziah Hamzah
KUALA LUMPUR, May 25 (Bernama) -- Amid global economic shifts, Sabah is making deliberate, calculated moves to position itself not just as a regional player, but as a formidable force in global trade and sustainability.
9m ago
By Zarul Effendi Razali
LANGKAWI, May 23 (Bernama) -- Russian Helicopters, a subsidiary of defence conglomerate Rostec, is aiming to expand its presence in the Southeast Asian (SEA) market by showcasing its latest aircraft at the Langkawi International Maritime and Aerospace Exhibition (LIMA) 2025.
1y ago
KUALA LUMPUR, Feb 25 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed mostly higher today, supported by concerns over tight supply, said an analyst.