There are 287 news based on search keyword " oil"

Bursa Malaysia Retreats After Opening Higher, Tracks Weaker Wall Street

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 8 (Bernama) -- Bursa Malaysia opened higher on Thursday but retreated shortly after, tracking weaker Wall Street performance overnight as sentiment was weighed down by surging US Treasury yields.

Infusing Phenomenal Success Of Formula One Into Budget 2027

By M. Saraswathi

KUALA LUMPUR, Oct 8 (Bernama) -- As Malaysians come away exhilarated from Formula One’s return to Sepang after a nine-year absence, it is apt for Budget 2027 to be similarly operationalised in a manner that will create far-reaching tangible spillover benefits, especially as Malaysia turns 70 next year.

Cooking Oil Subsidies Total RM3.886 Bln, Palm Oil Levies RM3.278 Bln In 2024-2025 – MOF

KUALA LUMPUR, Oct 7 (Bernama) -- The government spent RM3.886 billion on cooking oil subsidies from 2024 to 2025, compared with RM3.278 billion collected in windfall profit levies from the palm oil industry during the same period, according to the Ministry of Finance (MoF).

CPO Futures Extend Losses, Tracking Weaker Soybean Oil Prices

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Oct 7 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Wednesday tracking weaker soybean oil prices.

CPO Prices Could Return To RM5,000 Per Tonne In 1Q 2027 – Thomas Mielke

KUALA LUMPUR, Oct 7 (Bernama) -- Crude palm oil (CPO) prices could return to the RM5,000-per-tonne level as early as in the first quarter (1Q) of 2027, driven by potential disruptions to the sunflower oil market and developments surrounding the Russia-Ukraine conflict, said an analyst.

Bursa Malaysia Ends Lower As Higher US Yields, Oil Prices Weigh On Sentiment

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 7 (Bernama) -- Bursa Malaysia ended lower today in tandem with weaker regional markets, failing to track Wall Street’s rally as elevated US Treasury yields and renewed gains in crude oil weighed on sentiment.

Rubber Market Ends Higher

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Oct 7 (Bernama) -- The Kuala Lumpur rubber market ended higher on Wednesday, tracking regional rubber futures markets' performance amid tighter rubber supply. 

Malaysia Has Potential To Exceed 2026 Palm Oil Production Target - Noraini

KUALA LUMPUR, Oct 7 (Bernama) -- Malaysia is on track to exceed its palm oil production target for 2026, following encouraging production performance, said Minister of Plantation and Commodities Datuk Seri Dr Noraini Ahmad.

Bursa Malaysia Down 1.19 Pct At Midday Amid Selling Pressure, High Oil Prices

KUALA LUMPUR, Oct 7 (Bernama) -- Bursa Malaysia stayed down at the midday break, in line with regional markets amid persistent selling pressure and elevated oil prices.

Johor Port Explores Belawan-Johor Trade Corridor To Boost Malaysia-Indonesia Connectivity

PASIR GUDANG, Oct 7 (Bernama) -- Johor Port Bhd (Johor Port), a member of MMC Group, is actively exploring opportunities with PT Pelabuhan Indonesia (Persero) Regional 1 Belawan to establish a stronger maritime trade corridor connecting north Sumatra’s Belawan and Johor.

Malaysia To Strengthen Palm Oil Markets, Explore New Opportunities In Africa, ASEAN, Middle East – Noraini

KUALA LUMPUR, Oct 7 (Bernama) -- Malaysia will continue to strengthen established palm oil markets and explore opportunities across Africa, ASEAN, the Middle East and other regions.

Bursa Malaysia Retreats After Opening Higher On Selling Pressure

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 7 (Bernama) -- Bursa Malaysia opened higher on Wednesday but retreated shortly after, weighed down by selling activity in selected heavyweight counters, led by financial services and industrial products and services.