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There are 116 news based on search keyword "oil"

Oil Likely To Trade Between US$65-US$80 Over Next 6-12 Months - Analyst

KUALA LUMPUR, June 23 (Bernama) -- Oil prices are likely to move between US$65 and US$80 per barrel over the next six to 12 months amid ongoing uncertainties surrounding negotiations between the United States (US) and Iran, according to a veteran oil market analyst.

Iran Open To Oil Supply Talks With Malaysia As Waiver Takes Effect -- Envoy

KUALA LUMPUR, June 23 (Bernama) – The 60-day waiver on the sale of Iranian crude oil in the global market has opened the door for Iran and Malaysia to further strengthen economic cooperation, particularly in the energy sector.

Diplomacy With All Countries Helps Secure Long-term Energy Supplies For Logistics, Transportation -- Loke

KUALA LUMPUR, June 23 (Bernama) -- Long-term supply agreements for oil, gas and diesel for at least 20 years will provide stability to the logistics and transportation sectors, said Transport Minister Anthony Loke Siew Fook.

Govt To Study B50 Implementation As It Weighs Cost Of Upgrading Blending Depots

KUALA LUMPUR, June 23 (Bernama) -- The government will study the feasibility of implementing B50 biodiesel usage, following the need for a comprehensive upgrade of existing blending depots, which is expected to involve significant costs, according to the Ministry of Plantation and Commodities (KPK).

Ringgit Improves Vs Greenback Amid Progress In West Asia Peace Talks

KUALA LUMPUR, June 23 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday as peace negotiations in West Asia made progress, an analyst said.

CPO Futures Close Higher On Gains In CBOT Soybean Oil Prices

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, June 22 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday tracking gains in Chicago Board of Trade (CBOT) soybean oil prices, a trader said.

Gold Futures Close Higher On Improved Sentiment

By Danni Haizal Danial Donald

KUALA LUMPUR, June 22 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Monday as market sentiment improved amid signs of progress in the United States–Iran peace deal and further easing of oil prices.

Roda Land, Sime Darby Industrial Collaborate To Support Smarter, Sustainable Farming Operations

KUALA LUMPUR, June 22 (Bernama) -- Roda Land Sdn Bhd (Roda Land) and Sime Darby Industrial Sdn Bhd have entered into a strategic collaboration aimed at advancing agricultural mechanisation and supporting more sustainable farming operations in Malaysia through the adoption of innovative tire and wheel solutions.

Rubber Market Ends Higher Amid Gains In Regional Futures

KUALA LUMPUR, June 22 (Bernama) -- The Kuala Lumpur rubber market ended higher on Monday, with both SMR 20 and latex-in-bulk climbing to fresh 2026 highs.

Anwar's Turkmenistan Visit, Petronas' New Agreements A Boon To Malaysian Companies' Credibility

KUALA LUMPUR, June 22 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s recent visit to Turkmenistan, which saw Petroliam Nasional Bhd (Petronas) cement new agreements after a 30-year presence in the country, should be viewed as more than a diplomatic mission, economists said.

Malaysia-Bangladesh FTA Targeted For Conclusion In 2027

KUALA LUMPUR, June 22 (Bernama) -- The Malaysia-Bangladesh Free Trade Agreement (MBFTA) is targeted to be concluded in 2027 as a mutually beneficial, comprehensive and forward-looking agreement that reflects current global trading practices.

Malaysia To Continue Strengthening Energy Cooperation With Strategic Partners - Akmal Nasrullah

KUALA LUMPUR, June 22 (Bernama) -- Malaysia will continue to strengthen energy cooperation with strategic partners such as Russia and Turkmenistan while ensuring Malaysian companies remain compliant with international obligations and aware of sanctions-related risks, Minister of Economy Akmal Nasrullah Mohd Nasir said.