Tag:oil prices

Oil prices fall amid reported end to Norway strike

NEW YORK: Oil prices retreated on Friday after oil workers in Norway called off a strike that had threatened energy production in...

Govt to ensure Petronas return to profitability

KUALA TERENGGANU: The government is committed to ensuring that Petroliam Nasional Bhd (Petronas) is able to return to profitability, but it depends...

RON97 and RON95 up 10 sen, diesel up 9 sen per litre

KUALA LUMPUR: RON97 and RON95 will go up by 10 sen while diesel will increase by nine sen per litre for the...

Oil prices jump on world markets

BAKU: Oil prices have increased on the world markets, reported Azerbaijan State News Agency.   On London ICE (InterContinental Exchange...

Oil prices depressed, remain below $40

KUALA LUMPUR: Market participants are doubtful that a historic one-year oil production cut pledged by major producers recently would solve the oversupply problem.

Default rates to rise due to recessions

KUALA LUMPUR: Moody's Investors Service expects the global default rate to rise to 10.6 per cent at end-2020 and edge higher to 11.3 per...

Oil prices down after Opec production cut deal

ANKARA: Crude oil prices were down during Good Friday's thin trading following Opec's output curb decision on Thursday, reported Anadolu Agency. 

Plunging oil prices to suppress inflation

KUALA LUMPUR: RAM Rating Services Bhd’s (RAM Ratings) overall outlook on domestic inflation for this year has become significantly more dovish amid the plunge in global...

Latest news

October drug seizure down compared to September

KUCHING: The amount of drugs seized by enforcement authorities in October has shown a 46.89 percent decrease...

CPO prices to ease between RM2,800- RM3,000 per tonne in Q1 2021

KUALA LUMPUR: Crude palm oil (CPO) prices is expected to ease to between RM2,800 and RM3,000 per...

Top Glove FY21F to be impacted by suspension of operation

KUALA LUMPUR: CGS-CIMB estimated that Top Glove Corporation Bhd’s (Top Glove) financial year 2021 net profit forecast...

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October drug seizure down compared to September

KUCHING: The amount of drugs seized by...

CPO prices to ease between RM2,800- RM3,000 per tonne in Q1 2021

KUALA LUMPUR: Crude palm oil (CPO) prices...