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There are 46 news based on search keyword " oil"

CPO Futures Close Lower On Concerns Over Higher Palm Oil Stocks

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 26 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower on Monday, pressured by concerns over elevated Malaysian palm oil inventories.

Ringgit Ends Lower Against US Dollar, Higher Against Most Currencies

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 26 (Bernama) -- The ringgit closed lower against the US dollar but strengthened against most major and ASEAN currencies on Monday as investors remained cautious ahead of the US Federal Reserve’s (Fed) policy meeting, an analyst said.

Nuclear Power Offers Energy Security Option Amid Global Crisis -- IEA

From Rosemarie Khoo Mohd Sani

SINGAPORE, Oct 26 (Bernama) -- Nuclear energy can offer countries an option to strengthen long-term energy security amid global supply disruptions, said International Energy Agency (IEA) executive director Dr Fatih Birol.

KL Rubber Market Closes Mixed Amid Lower Oil Prices, Supply Disruptions

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 26 (Bernama) -- The Kuala Lumpur rubber market closed mixed today amid declining oil prices and supply disruptions in major rubber-producing countries, a dealer said.

Bursa Malaysia Ends Lower On Selling In Utilities, Banking Heavyweights

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 26 (Bernama) -- Bursa Malaysia closed lower on Monday, weighed down by selling pressure in selected heavyweights, mainly utilities and banking stocks, alongside weaker performances across regional markets.

KL Rubber Market Closes Mixed Amid Lower Oil Prices, Supply Disruptions

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 26 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Thursday amid declining oil prices and supply disruptions in major rubber-producing countries, a dealer said.

Brent Crude Oil Rises To US$117 Per Barrel On Intensifying Houthi Attacks, Shipping Disruptions

KUALA LUMPUR, Oct 26 (Bernama) -- Brent crude oil prices have risen to US$117 (US$1=RM4.08) per barrel, driven by intensifying Houthi attacks on Saudi infrastructure and slower flows through the Strait of Hormuz, according to Rystad Energy.

Bursa Malaysia Ends Morning Session Lower Amid Ongoing West Asia Tensions

KUALA LUMPUR, Oct 26 (Bernama) -- Bursa Malaysia ended the morning session lower today, weighed down by escalating geopolitical tensions in West Asia.

KPK Boosts Specialised Oleochemicals Sector, Palm-based Health Products To Reduce Reliance On CPO Exports

KUALA LUMPUR, Oct 26 (Bernama) -- The Ministry of Plantation and Commodities (KPK) is strengthening the specialised oleochemical sector as well as the development of palm-based nutraceutical and pharmaceutical products, to reduce reliance on the export of crude palm oil (CPO).

Bursa Malaysia Opens Slightly Higher But Falls Thereafter

KUALA LUMPUR, Oct 26 (Bernama) -- Bursa Malaysia opened slightly higher on Monday but fell thereafter as market sentiment was weighed down by the weaker overnight performance on Wall Street. 

Ringgit Higher Against US Dollar In Early Trade

KUALA LUMPUR, Oct 26 (Bernama) -- The ringgit was slightly higher against the US dollar in early trade on Monday amid cautious sentiment ahead of the US Federal Reserve’s Federal Open Market Committee (FOMC) meeting on Oct 27-28. 

Proposal For CPO Export Tax Exemption Still Under Discussion -- Noraini

By Ahmad Erwan Othman

KUALA LUMPUR, Oct 25 (Bernama) -- The proposal for a 10 per cent export tax exemption on crude palm oil (CPO) for November is still in the planning stage and requires further discussion before any decision is made, said Minister of Plantation and Commodities Datuk Seri Dr Noraini Ahmad.