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Production of crude oil and condensate in 2Q rebounds to 1.3 pct growth

Production of crude oil and condensate in 2Q rebounds to 1.3 pct growth

Datuk Seri Mohd Uzir Mahidin said the improvement was attributable to the turnaround in crude oil.
Tue Sep 03 2024
Stocks sink, oil surges on reports of Middle East attacks

Stocks sink, oil surges on reports of Middle East attacks

Asian shares and bond yields sank while safe-haven currencies, gold and crude oil jumped after reports of a sharp escalation in Middle East
Fri Apr 19 2024
Putin bans Russian oil exports to countries that implement price cap

Putin bans Russian oil exports to countries that implement price cap

Some analysts have said that the cap will have little immediate impact on the oil revenues that Moscow is currently earning.
Wed Dec 28 2022
Ringgit appreciates vs US dollar in early trade

Ringgit appreciates vs US dollar in early trade

Stephen Innes said the steadier crude oil prices earlier this week have also provided support for the local note.
Thu Nov 24 2022
CPO prices to range higher at RM5,000-RM5,500 a tonne in Q4 - Zuraida

CPO prices to range higher at RM5,000-RM5,500 a tonne in Q4 - Zuraida

This is due to the resumption of Indonesia's palm oil export levy beginning Sept 1, and the expected decline in palm oil production in Q4.
Mon Jul 25 2022
Russia is China's top oil supplier for 2nd month, Saudi volumes tumble - Data

Russia is China's top oil supplier for 2nd month, Saudi volumes tumble - Data

Imports of Russian oil totalled 7.29 million tonnes, up nearly 10 pct from a year ago.
Wed Jul 20 2022
China's May oil imports from Russia soar 55 pct to a record, surpass Saudi supply

China's May oil imports from Russia soar 55 pct to a record, surpass Saudi supply

Imports from Malaysia more than doubled in May yr/yr.
Mon Jun 20 2022
Govt has enough money to continue fuel subsidy, says Tengku Zafrul

Govt has enough money to continue fuel subsidy, says Tengku Zafrul

The government still has sufficient funds to continue to provide fuel subsidies to the people despite rising global crude oil prices.
Fri Jun 10 2022
EU agrees Russia oil embargo, gives Hungary exemptions; Zelenskiy vows more sanctions

EU agrees Russia oil embargo, gives Hungary exemptions; Zelenskiy vows more sanctions

Russian analysts and traders said the phasing-in of the embargo gave Moscow time to find new customers in Asia.
Wed Jun 01 2022
Subsidies may touch RM71 bln in 2022, inflation contained, says Finance Minister

Subsidies may touch RM71 bln in 2022, inflation contained, says Finance Minister

Malaysia is expected to fork out higher total subsidies in 2022 to the tune of RM71 billion, while petrol subsidies alone will touch RM30 billion amid the rise in crude oil prices.
Thu May 26 2022
Capital A to be profitable next year, says CEO

Capital A to be profitable next year, says CEO

Fernandes said the high crude oil price is not an issue at the moment as demand for air travel is robust.
Fri Apr 08 2022
Govt's plan to expedite 'Borneonisation' process among focus of Dewan Rakyat Thursday

Govt's plan to expedite 'Borneonisation' process among focus of Dewan Rakyat Thursday

Focus will also be on the govt's planning to review fuel prices at the pump as the price of crude oil increased to US$95 per barrel.
Thu Mar 24 2022
Soaring oil prices gives govt room to continue fuel subsidies - Mustapa

Soaring oil prices gives govt room to continue fuel subsidies - Mustapa

The soaring world crude oil prices currently give some room to the government to continue providing fuel subsidies, says Datuk Seri Mustapa Mohamed.
Sun Mar 06 2022
Malaysia says won't allow Russia-flagged tanker sanctioned by US at port

Malaysia says won't allow Russia-flagged tanker sanctioned by US at port

Linda, a Russian-flagged crude oil tanker targeted by US sanctions, will not be allowed to call at Malaysia's Kuala Linggi port.
Tue Mar 01 2022
Inflation rate expected to be at 2.1 pct in 2022

Inflation rate expected to be at 2.1 pct in 2022

The inflation rate is forecast to record 2.1 per cent in 2022, following better economic prospects and stable crude oil prices.
Fri Oct 29 2021
Couple and associate charged with trafficking 51.9 kg of meth

Couple and associate charged with trafficking 51.9 kg of meth

A married couple and a man were charged in the Magistrate's Court here today with trafficking 51.974 kilogrammes of Methamphetamine.
Fri Nov 22 2024
PDRM to consult AGC in completing Teoh Beng Hock investigation

PDRM to consult AGC in completing Teoh Beng Hock investigation

The police may seek new testimony from existing witnesses for additional insights into the investigation of Teoh Beng Hock's death.
Fri Nov 22 2024
Thai court rejects petition over ex-PM Thaksin's political influence

Thai court rejects petition over ex-PM Thaksin's political influence

Thailand's Constitutional Court rejects a petition seeking to stop Thaksin Shinawatra from interfering in the running the Pheu Thai party.
Fri Nov 22 2024
Abidin takes oath of office as Sungai Bakap assemblyman

Abidin takes oath of office as Sungai Bakap assemblyman

The State Assemblyman for Sungai Bakap, Abidin Ismail, was sworn in today at the State Assembly building, Lebuh Light.
Fri Nov 22 2024
UPNM cadet officer charged with injuring junior, stomping on him with spike boots

UPNM cadet officer charged with injuring junior, stomping on him with spike boots

A cadet officer at UPNM pleaded not guilty to a charge of injuring his junior by stomping on the victim's stomach with spike boots.
Fri Nov 22 2024
How Indian billionaire Gautam Adani's alleged bribery scheme took off and unraveled

How Indian billionaire Gautam Adani's alleged bribery scheme took off and unraveled

The indictment was unsealed on Nov. 20, prompting a $27 billion plunge in Adani Group companies' market value.
Fri Nov 22 2024
Elon Musk blasts Australia's planned ban on social media for children

Elon Musk blasts Australia's planned ban on social media for children

Several countries have already vowed to curb social media use by children through legislation, but Australia's policy could become one of the most stringent.
Fri Nov 22 2024
Trump picks Pam Bondi for US Attorney General after Gaetz withdraws

Trump picks Pam Bondi for US Attorney General after Gaetz withdraws

Bondi was the top law enforcement officer of the country's third most populous state from 2011 to 2019, and served on Trump's Opioid and Drug Abuse Commission during his first administration.
Fri Nov 22 2024
Ringgit extends uptrend against greenback in early trade

Ringgit extends uptrend against greenback in early trade

At 8 am, the local currency climbed to 4.4600/4700 against the greenback.
Fri Nov 22 2024
Lebanon's only burn unit treats toddlers after Israeli strikes

Lebanon's only burn unit treats toddlers after Israeli strikes

The hospital hallways echo with the screams of children as anxious parents await news from doctors.
Fri Nov 22 2024