LATEST NEWS   Increase in coal prices has direct impact on electricity generation -- Akmal Nasrullah | Daily peak demand reached 21,949 megawatts on Sept 9, 4.7 per cent higher than the August average - Akmal Nasrullah | Key fuel sources record stronger price pressure in September compared to August, especially crude oil and LNG - Akmal Nasrullah | The government ensures domestic supply chain continues to function, supply of basic necessities sufficient and global cost pressures do not affect the people's well-being -- Akmal Nasrullah | The global supply crisis has shifted from managing temporary shocks to managing economic risks that are expected to persist -- Akmal Nasrullah | 

There are 560 news based on search keyword " oil "

Govt Diversifies Gas Supply Sources To Strengthen National Energy Security

KUALA LUMPUR, Aug 3 (Bernama) -- The government is prioritising Malaysia's energy security by diversifying access to large-scale gas resources that could broaden supply options and enhance the country's energy resilience.

CPO Futures End Lower On Weaker Soybean, Crude Oil Prices

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 3 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Monday, tracking weaker soybean oil and crude oil prices amid de-escalation in the West Asia conflict.

Oil Price Decline May Be Temporary Amid Uncertainty Over US-Iran Talks -- Economist

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 3 (Bernama) -- The sharp decline in global crude oil prices today may be temporary, as market sentiment remains highly sensitive to developments surrounding the proposed talks between the United States and Iran, an economist said.

Sabah's 2025 Trade Hits RM105.5 Bln, Stays Above RM100 Bln For Fourth Year -- DOSM

KOTA KINABALU, Aug 3 (Bernama) -- Sabah's total trade stood at RM105.5 billion in 2025, remaining above the RM100 billion mark for a fourth consecutive year despite global economic uncertainties, according to the Department of Statistics Malaysia (DOSM).

Rubber Market Ends Lower On Weaker Regional Futures

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 3 (Bernama) -- The Kuala Lumpur rubber market ended lower on Monday, tracking weaker regional rubber futures amid a sharp decline in crude oil prices and expectations of higher global natural rubber production, a dealer said.

MPOB Appoints Badrul Hisham Mohd As New Director-General, Effective Today

KUALA LUMPUR, Aug 3 (Bernama) -- The Malaysian Palm Oil Board (MPOB) has appointed Datuk Badrul Hisham Mohd as its director-general, effective Aug 3, 2026, succeeding Datuk Ahmad Parveez Ghulam Kadir, who has retired.

Oil Prices Fall After Trump Calls Off Iran Attack

SEOUL/TOKYO, Aug 3 (Bernama-dpa) -- Oil prices fell on Monday after US President Donald Trump called off a planned attack on Iran, reported German news agency dpa.

More Than 14.2 Mln Individuals Received BUDI95, With Over 13.4 Bln Litres Consumed - Amir Hamzah

KUALA LUMPUR, Aug 3 (Bernama) -- More than 14.2 million out of 16.7 million people who are eligible for the BUDI MADANI RON95 (BUDI95) subsidy have benefitted from the programme, involving the consumption of more than 13.4 billion litres of RON95 fuel, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Ringgit Opens Higher Against US Dollar Ahead Of Key Us Economic Data

KUALA LUMPUR, Aug 3 (Bernama) -- The ringgit opened slightly higher against the US dollar on Monday ahead of the release of key United States (US) economic data today amid easing tensions in West Asia.

Sabah Set To Get 40 Pct Stake In FLNG Project, Says Hajiji

KALABAKAN, Aug 1 (Bernama) -- The Sabah government is expected to secure a 40 per cent stake in a floating liquefied natural gas (FLNG) project in the state under an agreement to be signed with Petronas in the coming months.

Malaysia’s Economic Performance To Remain Strong In 2H 2026 - Akmal Nasrullah

KUALA LUMPUR, Aug 1 (Bernama) -- The government expects Malaysia’s economic performance to remain strong in the second half of 2026 (2H 2026), said Minister of Economy Akmal Nasrullah Mohd Nasir.

Bearish Bias Expected For CPO Futures Next Week

By K. Naveen Prabu

KUALA LUMPUR, Aug 1 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade with a bearish bias next week, weighed down by weakness in the energy markets.