There are 549 news based on search keyword " oil "

Petronas Awards Estuary Cluster PSC, Hands Over Mutiara Cluster Seismic Data

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.

Bursa Malaysia Remains Lower At Midday Amid External Headwinds

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.

Uni-Fuels Reports Record First-Half Results, Raises 2026 Revenue Guidance

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)

Bursa Malaysia Opens Lower, Tracking Weaker Wall Street

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.

Ringgit Holds Steady Against US Dollar At Opening

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.

CPO Futures End Lower On Profit-taking

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.

Brent Tops US$100 Per Barrel On Escalation US-Iran Conflict

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. 

Ringgit Ends Easier Against US Dollar As West Asia Conflict Weighs On Sentiment

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.

Bursa Malaysia Closes Flat On Caution As Oil Rises To US$100 Amid Escalating West Asia Conflict

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.

Rubber Market Extends Gains On Supply Concerns

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.

Bursa Malaysia Ends Slightly Lower At Noon Break

KUALA LUMPUR, Sept 9 (Bernama) -- Bursa Malaysia ended the morning session slightly lower as profit-taking emerged among selected heavyweights, mainly banking stocks.

Perdana Petroleum Proposes Additional 'Third Eye' For Offshore Monitoring

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.