crude oil

Ships resume Taiwan routes even as China continues drills

SHIPPING in the Taiwan Strait showed signs of returning to normal on Monday, though China’s announcement of a new military…

4 months ago

RON97 at RM4.31 per litre, RON95 unchanged from May 12-18

by TMR / pic by TMR FILE  THE retail price for RON95 and RON97 petrol from May 12 to 18, 2022,…

7 months ago

Hibiscus Petroleum earnings to jump in FY22 & FY23, says HLIB Research

by ASILA JALIL / pic source: hibiscuspetroleum.com HONG Leong Investment Bank Bhd (HLIB Research) projected Hibiscus Petroleum Bhd’s net profit to…

7 months ago

PetDag discussing with MoF on fuel subsidy bills

This is following a 10-fold increase in the fuel subsidy cost that the govt is shouldering by S BIRRUNTHA / pic…

8 months ago

Ongoing conflict may lead Malaysia to diversify import mix

The Russia-Ukraine war is also causing fuel retailers to pass some of the higher oil prices to the consumers by…

8 months ago

Economy remain on growth path despite risks

The growth revision also takes into account the impact of flash floods since December and the surge of Covid-19 cases…

9 months ago

Brent crude nears $140 per barrel, headed towards all-time high

By AFP New York, United States – Brent oil prices soared to a near 14-year high of $140 on Sunday as traders…

9 months ago

Icon records full-year revenue of RM301m

by TMR / pic credit: iconoffshore.com.my ICON Offshore Bhd recorded a net profit of RM7.67 million and revenue of RM80.9 million driven…

9 months ago

Uzma’s contract with ExxonMobil to generate more earnings

by AZALEA AZUAR / pic by TMR FILE UZMA Bhd’s new contract award from ExxonMobil Exploration and Production Malaysia Inc is…

10 months ago

Ringgit opens lower versus US dollar on falling oil prices

by BERNAMA / pic by BLOOMBERG KUALA LUMPUR - The ringgit opened lower against the US dollar on lack of demand due…

10 months ago

Malaysia’s 2022 exports outlook positive – Moody’s

by BERNAMA / pic by MUHD AMIN NAHARUL  KUALA LUMPUR - Malaysia’s export sector outlook is expected to be positive in…

11 months ago

China Cuts Crude Oil Import Quota and Favors Mega-Refiners

By BLOOMBERG China’s government cut the amount of crude oil import quota awarded to independent oil refiners and favored large,…

11 months ago

Malaysia’s Producer Price Index up 12.6% in November 2021 compared to November 2020 – DoSM

by BERNAMA / pic by MUHD AMIN NAHARUL KUALA LUMPUR - The Producer Price Index (PPI) for local production increased 12.6 per…

11 months ago