crude price

Despite fast-rising crude prices, Saudi Arabia's oil minister has voiced doubts on demand recovery.

The move initially pushed Brent crude prices up as much as 1 percent as geopolitical fears rippled through the market.

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.

Oil prices jumped nearly 10 percent Wednesday, boosting energy-linked equities after OPEC thrashed out its first output cut since 2008.

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.

Riyadh also projected a shortfall of $87 billion in next year's budget, the first since King Salman took over the country in January.

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.

Oil prices resumed their decline in Asia following a US report showing that stockpiles surged last week.

Offshore forwards show the ringgit may weaken another 2.7 percent in the next 12 months.

Analysts believe there is a strong possibility for the price of RON95 to be lower than its current subsidised retail price.

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.

Many users continue to be tricked and scammed even though police have repeatedly issued warnings about scams proliferating on social media.

Deputy Minister of Education says, those identified with severe emotional issues undergo screening twice a year.

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.

Donald Trump says he would impose the tariffs until China stops the flow of illegal drugs, particularly fentanyl, into the United States.

Topping the demands of Khan's Pakistan Tehreek-e-Insaf (PTI) party is the release of all its leaders, including Khan, who has been jailed on a series of corruption charges since August 2023.

The report highlights that "60 per cent of all female homicides" are committed by "people closely related to them".

Two subsea cables, one linking Finland and Germany and the other connecting Sweden to Lithuania, were damaged in less than 24 hours.

It is clear that adding more lanes and highways doesn't work, because we are still attempting the same approach to solve the issue.

This investment includes efforts to upgrade INOKOM's existing assembly capacity to meet Hyundai's automotive needs.

'C4Cinta', directed by young filmmaker Karthik Shamalan, has set a new benchmark in Malaysian Tamil cinema.