Indonesia’s H1 crude oil and natural gas lift below target
JAKARTA, July 18 — The lifting of oil and gas in Indonesia between January and June fell below target due to some unplanned shutdowns and...
OPEC+ adjusts output targets for 2024
VIENNA, June 5 — The Organisation of the Petroleum Exporting Countries (OPEC) and its allies, a group known as OPEC+, on Sunday (June 4) agreed...
OPEC upgrades forecast for global oil demand growth in 2023 by 30,000 BPD
MOSCOW, March 14 — OPEC has upgraded its forecast for the global oil demand growth in 2023 by 30,000 barrels per day to 2.3 million...
Rubber market ends lower, tracking weaker crude oil prices
KUALA LUMPUR, March 10 — The Malaysian rubber market ended lower today, dragged by declining crude oil prices, said a dealer. Oil prices recorded their...
China’s May oil imports from Russia soar 55 pct to a record, surpass Saudi supply
SINGAPORE, June 20 — China’s crude oil imports from Russia soared 55 per cent from a year earlier to a record level in May, displacing...
Ringgit strengthens against US dollar amid Russia-Ukraine tensions
KUALA LUMPUR, Feb 23 — The ringgit strengthened against the US dollar at the opening today, as geopolitical tensions between Russia and Ukraine escalate, indicating...
Ringgit opens lower against US dollar
KUALA LUMPUR, Feb 22 — The ringgit opened higher against the US dollar today as foreign exchange market sentiments are expected to revolve around the...
Oil rises as investors focus on OPEC+ decision amid growing Omicron fears
TOKYO, Dec 2 — Oil prices rose on Thursday, recouping the previous day’s losses, as investors adjusted positions ahead of an OPEC+ decision over supply...
Ringgit ends slightly lower against greenback
KUALA LUMPUR, Sept 1 — The ringgit closed marginally lower against the US dollar today despite the drop in new daily Covid-19 cases in Malaysia...
Ringgit opens slightly higher against US dollar on firmer oil prices
KUALA LUMPUR, July 6 — The ringgit opened marginally higher against the US dollar on Tuesday, supported by firmer crude oil prices. At 9am, the...
Ringgit opens weaker against US dollar
KUALA LUMPUR, April 23 — The ringgit opened slightly lower against the US dollar this morning amidst mixed indicators of a stronger greenback, lower United...
Ringgit opens slightly higher against US dollar
KUALA LUMPUR, April 22 — The ringgit opened marginally higher against the US dollar this morning but remained in a relatively tight trading range due...