Brent cracks $70 for first time since pandemic began after Saudi facilities attacked
Despite fast-rising crude prices, Saudi Arabia's oil minister has voiced doubts on demand recovery.
Mon Mar 08 2021
Oil prices dip on fears Middle East rift could harm OPEC cuts
The move initially pushed Brent crude prices up as much as 1 percent as geopolitical fears rippled through the market.
Mon Jun 05 2017
BN explains petrol price hike, told Opposition to not mislead public
Barisan Nasional has hit out on opposition leaders for criticizing the hike in petrol prices by 20 sen in February despite a drop in international crude prices last month.
Wed Feb 01 2017
Oil prices surge on OPEC deal; global stocks are mixed
Oil prices jumped nearly 10 percent Wednesday, boosting energy-linked equities after OPEC thrashed out its first output cut since 2008.
Wed Nov 30 2016
Big Oil to cut investment again in 2016
At $37 a barrel, crude prices are well below the $60 mark which oil firms need to balance their books, a level that has already been sharply reduced over the past 18 months.
Mon Jan 04 2016
Saudi posts record deficit, cuts fuel subsidies
Riyadh also projected a shortfall of $87 billion in next year's budget, the first since King Salman took over the country in January.
Tue Dec 29 2015
Oil prices drop 3 percent as investors retreat from overnight gains
Oil prices fell 3 percent in Asian trade on Tuesday, with investors covering short positions and taking profits after Brent and U.S. crude soared more than 8 percent in the previous session.
Tue Sep 01 2015
Crude prices rise in Asia on US fiscal hopes
Oil prices rose in Asia Tuesday, with hopes rising of a US deal to avert the fiscal cliff after a meeting between President Barack Obama and top Republican lawmaker John Boehner, analysts said.
Tue Dec 18 2012
Malaysia, Russia to strengthen ties, focusing on digitalisation, energy, trade opportunities via ASEAN, BRICS
Alexander Stuglev says Russia could offer Malaysia cutting-edge solutions in cybersecurity, software development and telecommunications.
Wed Nov 27 2024
Israel-Hezbollah ceasefire takes effect, civilians head back to south Lebanon
Streams of cars began heading to southern Lebanon, which borders Israel, after the ceasefire.
Wed Nov 27 2024
IPIC case: Najib, Mohd Irwan granted DNAA for six CBT charges involving RM6.6 billion
The judge made the decision after allowing the DNAA application submitted by the lawyers representing Najib and Mohd Irwan, respectively.
Wed Nov 27 2024
Trump team signs transition agreement with Biden White House after delays
The move will allow Trump's team to coordinate directly with federal agencies and access documents.
Wed Nov 27 2024
Pakistani forces launch midnight raid on ex-PM Imran Khan's supporters, local media reports
At least six people, including four paramilitary soldiers, were killed before the Tuesday night raid was launched.
Wed Nov 27 2024
Australia moves closer to ban social media for children
Australian parliament's lower house passes the bill, even as Google and Meta press the government to delay the legislation
Wed Nov 27 2024
Prospect of Lebanon ceasefire leaves Gazans feeling abandoned
Months of US-backed Arab mediation have yet to secure a ceasefire between Israel and Hamas to end the war in Gaza.
Wed Nov 27 2024
Four bodies recovered from capsized tourist boat off Egypt's Red Sea coast
The boat, the Sea Story, capsized on Monday near the Sataya Reef while carrying 31 tourists and 13 crew on a multi-day diving trip.
Wed Nov 27 2024
UTP introduced a first-of-its-kind Bachelor of Integrated Engineering with Honours
UTP has proudly unveiled Malaysia's first multidisciplinary engineering programme.
Wed Nov 27 2024
Biden to push for Gaza ceasefire after Israel-Lebanon deal
The US "will make another push, with Turkey, Egypt, Qatar, Israel and others, to achieve a ceasefire in Gaza," says Joe Biden.
Wed Nov 27 2024