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.
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.
KUALA LUMPUR, June 23 (Bernama) -- Bakery products manufacturer HSS Holdings Bhd plans to strengthen its presence across Southeast Asia (SEA), capitalising on rising demand for halal products following its Bursa Malaysia’s ACE Market debut.
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).
ASHGABAT (TURKMENISTAN), June 20 (Bernama) -- Since 1996, Petroliam Nasional Bhd (Petronas), through its wholly-owned subsidiary Petronas Carigali (Turkmenistan) Sdn Bhd (PC(T)SB), has established a presence in Turkmenistan, a Central Asian nation known for possessing some of the world’s largest oil and gas reserves.
KUALA LUMPUR, June 20 (Bernama) -- Malaysia and Turkmenistan have reaffirmed their commitment to expanding cooperation in the energy sector, acknowledging Petroliam Nasional Bhd’s (Petronas) longstanding and positive contributions in the field.
From Sharifah Hunaini Syed Ismail
ASHGABAT, June 19 (Bernama) -- Petroliam Nasional Bhd (Petronas), through its wholly owned subsidiary Petronas Carigali (Turkmenistan) Sdn Bhd (PC(T)SB), commemorated 30 years of operations in Turkmenistan today, through the signing of a series of agreements that reinforce its long-standing partnership with the country.
KUALA LUMPUR, June 19 (Bernama) -- Malaysia’s automotive industry recorded a 15 per cent decline in total industry volume (TIV), falling to 61,250 vehicles in May 2026, compared to 72,113 vehicles in April 2026.
KUALA LUMPUR, June 19 (Bernama) -- Malaysia and South Korea have further strengthened their strategic partnership in renewable energy following the exchange of a letter of intent (LOI) for the Terengganu State Palm Oil Mill Biogas Upgrading Project, an initiative that will convert waste from the palm oil industry into bio-compressed natural gas (Bio-CNG).
KUALA LUMPUR, June 19 (Bernama) -- VS Industry Bhd recorded a net loss of RM32.91 million in the third quarter ended April 30, 2026 (3Q 2026) from a net profit of RM23.77 million posted in the same quarter last year.
KUALA LUMPUR, June 19 (Bernama) -- Moody’s Ratings has modestly raised its forecasts for Malaysia to A3 with a stable outlook, due to its exports of artificial intelligence (AI)-related goods.
KUALA LUMPUR, June 19 (Bernama) -- Crude palm oil (CPO) prices are expected to trade between RM4,400 and RM4,650 per tonne in July, supported by the tightening supply outlook in Indonesia and rising El Nino risk, said the Malaysian Palm Oil Council (MPOC).
