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Malaysia supports OPEC's call for global oil market stability

Malaysia supports OPEC's call for global oil market stability

Malaysia remains steadfast in its commitment to support OPEC in its proactive efforts to maintain the stability of the global oil market.
Fri Aug 26 2022
Indonesia's flip-flops give Malaysia edge in top palm oil market India

Indonesia's flip-flops give Malaysia edge in top palm oil market India

The flip in Indian palm oil imports would upend an established pattern of Indonesian dominance across South Asia.
Wed May 11 2022
Bosnia enters olive oil market with award-winning 'liquid gold'

Bosnia enters olive oil market with award-winning 'liquid gold'

With a gracious climate, uncontaminated soil and water, Herzegovina has "unimaginable possibilities for the development of olive growing."
Sun Nov 01 2020
Young agropreneurs urged to seize opportunities in essential oil industry

Young agropreneurs urged to seize opportunities in essential oil industry

Young agropreneurs in the country should seize opportunities in the essential oil market which is seen to have great potential to grow.
Sun Jul 05 2020
Malaysia's palm oil market expected to rebound - Khairuddin

Malaysia's palm oil market expected to rebound - Khairuddin

Mohd Khairuddin said the ministry is confident that the country's current palm oil supply is sufficient to meet the external demand.
Tue Jun 16 2020
Oil rises from 18-year lows after U.S., Russia agree to talks

Oil rises from 18-year lows after U.S., Russia agree to talks

Oil markets have faced a double whammy from the coronavirus outbreak and a price war between Saudi Arabia and Russia after OPEC and other producers failed to agree on deeper cuts to support oil prices
Tue Mar 31 2020
Changes in India's import duty affects Malaysia palm oil market

Changes in India's import duty affects Malaysia palm oil market

India remains a huge market for Malaysian palm oil exports, but recent changes in its import duty is proving to be a challenge.
Thu Sep 14 2017
Oil remains weak after OPEC-led output cut extension falls below expectations

Oil remains weak after OPEC-led output cut extension falls below expectations

Oil markets remained weak on Friday after tumbling in the previous session when OPEC and allied producers extended output cuts but disappointed investors betting on longer or larger supply curbs.
Fri May 26 2017
Asia markets collapse as Britain looks set to leave EU

Asia markets collapse as Britain looks set to leave EU

Sterling collapsed more than nine percent to $1.3466, its weakest level since 1985, while the greenback itself slumped below 100 yen for the first time in two-and-half years as traders fled to safety.
Fri Jun 24 2016
US crude hits new 12-year low below $28

US crude hits new 12-year low below $28

US crude hit new 12-year lows below $28 a barrel in Asia on Wednesday after the International Energy Agency (IEA) warned that the oil market could "drown in oversupply".
Wed Jan 20 2016
The possibility of USD20 oil doesn't sound so crazy anymore

The possibility of USD20 oil doesn't sound so crazy anymore

WTI briefly dipped below USD30 for first time since 2003. Oil markets can't maintain low price for long: Citigroup.
Wed Jan 13 2016
Oil claws back some losses but remains at 2009 levels over Asian economic woes

Oil claws back some losses but remains at 2009 levels over Asian economic woes

Crude oil markets recovered somewhat on Tuesday from sharp falls in the previous session but they remained at 2009 levels as Asian equities kept tumbling.
Tue Aug 25 2015
What Iran's nuclear deal means for the global crude oil market

What Iran's nuclear deal means for the global crude oil market

The nuclear accord reached in Vienna on Tuesday could eventually reshape global oil markets.
Tue Jul 14 2015
Iraq About to Flood Oil Market in New Front of OPEC Price War

Iraq About to Flood Oil Market in New Front of OPEC Price War

The nation plans to boost crude exports by about 26 percent to a record 3.75 million barrels a day next month.
Wed May 27 2015
Useful jargon in deciphering  currency and oil markets

Useful jargon in deciphering currency and oil markets

Here's a list of useful jargon in deciphering currency and oil markets.
Fri Jan 09 2015
COP29 climate summit draft proposes rich countries pay $250 billion per year

COP29 climate summit draft proposes rich countries pay $250 billion per year

The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024
Bomb squad sent to London's Gatwick Airport after terminal evacuation

Bomb squad sent to London's Gatwick Airport after terminal evacuation

This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
Kelantan urges caution amidst northeast monsoon rains

Kelantan urges caution amidst northeast monsoon rains

Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Fri Nov 22 2024
Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
Fri Nov 22 2024
KTMB provides two additional ETS trains for Christmas, school holidays

KTMB provides two additional ETS trains for Christmas, school holidays

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
Fri Nov 22 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity

Findings by dark energy researchers back Einstein's conception of gravity

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29

NRES responds to Rimbawatch press release on COP29

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Fri Nov 22 2024