7d ago
KUALA LUMPUR, Sept 10 (Bernama) -- Petroliam Nasional Bhd (Petronas), through Malaysia Petroleum Management (MPM), has awarded the Estuary Cluster production sharing contract (PSC) and handed over seismic data for the Mutiara Cluster to two companies.
7d ago
KUALA LUMPUR, Sept 10 (Bernama) -- Bursa Malaysia remained lower at midday, weighed by continued selling pressure amid heightened geopolitical tensions in West Asia, elevated crude oil prices and higher US Treasury yields.
7d ago
KUALA LUMPUR, Sept 10 (Bernama) -- Uni-Fuels Holdings Limited (Uni-Fuels), a Singapore-headquartered provider of marine fuel solutions, reported a 1,415 per cent jump in net income to US$1.4 million for the six months ended June 30, 2026, from US$0.1 million a year earlier. (US$1 = RM4.06)
7d ago
KUALA LUMPUR, Sept 10 (Bernama) -- Bursa Malaysia opened lower on Thursday, tracking Wall Street’s broadly weaker performance overnight amid rising crude oil prices and US Treasury yields, an analyst said.
7d ago
KUALA LUMPUR, Sept 10 (Bernama) --The ringgit held steady against the US dollar at Thursday’s opening as investors awaited the release of US consumer price index (CPI) data on Friday.
8d ago
By Siti Noor Afera Abu
KUALA LUMPUR, Sept 9 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower today on profit-taking as the market lost momentum, according to industry experts.
8d ago
By Siti Radziah Hamzah
KUALA LUMPUR, Sept 9 (Bernama) -- Brent oil surpassed US$100 per barrel for the first time since July 2026 as the escalation in the United States (US)-Iran conflict, including attacks on oil tankers and Saudi Arabia’s energy facilities, raises concerns about further supply disruptions through the Strait of Hormuz and the Red Sea.
8d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 9 (Bernama) -- The ringgit ended easier against the US dollar on Wednesday, as market sentiment remained cautious amid an evolving outlook in West Asia, said an economist.
8d ago
By Rosemarie Khoo Mohd Sani and Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 9 (Bernama) -- Bursa Malaysia closed flat on Wednesday amid investor caution as heightened tensions in West Asia pushed Brent crude oil to above US$100 per barrel, an analyst said.
8d ago
By Siti Noor Afera Abu
KUALA LUMPUR, Sept 9 (Bernama) -- The rubber market extended its uptrend on Wednesday, tracking gains in regional rubber futures markets supported by declining Indonesian supply, which reinforced concerns over supply tightness.
8d ago
KUALA LUMPUR, Sept 9 (Bernama) -- Bursa Malaysia ended the morning session slightly lower as profit-taking emerged among selected heavyweights, mainly banking stocks.
8d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 9 (Bernama) -- Budget 2027 should consider establishing a formal information-sharing framework that enables offshore support vessels (OSVs) to serve as an additional “third eye” in safeguarding Malaysia’s waters and critical offshore energy infrastructure, said Perdana Petroleum Bhd.