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
Oil prices resume decline on supply glut worries
Oil prices resumed their decline in Asia following a US report showing that stockpiles surged last week.
Wed Jul 22 2015
Ringgit forwards point to further weakness weighed by oil, 1MDB
Offshore forwards show the ringgit may weaken another 2.7 percent in the next 12 months.
Thu Jul 16 2015
Managed float system gives flexibility to consumers to enjoy cheaper fuel
Analysts believe there is a strong possibility for the price of RON95 to be lower than its current subsidised retail price.
Fri Nov 21 2014
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
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
JPS issues flood warning, 30 villages in Pasir Puteh expected to be inundated
Flooding is expected near Sungai Semerak, Pasir Puteh, affecting low-lying villages within 5km of the river, according to PRABN.
Wed Nov 27 2024
What Trump 2.0 could mean for trade, migrants, climate change and electric cars
Here's a summary of the policies Donald Trump has said he will pursue when he takes office on Jan. 20.
Wed Nov 27 2024
UN says Taliban detained journalists over 250 times in Afghanistan since takeover
The Taliban-led foreign ministry denies having arrested that number of journalists and added that those arrested had committed a crime.
Wed Nov 27 2024
TikTok becoming app of choice for criminals promoting investment scams - Police
Many users continue to be tricked and scammed even though police have repeatedly issued warnings about scams proliferating on social media.
Wed Nov 27 2024
MOE’s mental health screening identifies students with emotional challenges
Deputy Minister of Education says, those identified with severe emotional issues undergo screening twice a year.
Wed Nov 27 2024
Israel, Hezbollah agree to ceasefire brokered by US and France, to take effect Wednesday
Israel will gradually withdraw its forces over 60 days as Lebanon's army takes control of territory near its border with Israel to ensure that Hezbollah does not rebuild its infrastructure there.
Wed Nov 27 2024
'No one will win a trade war,' China says after Trump tariff threat
Donald Trump says he would impose the tariffs until China stops the flow of illegal drugs, particularly fentanyl, into the United States.
Tue Nov 26 2024