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There are 300 news based on search keyword " oil"

CPO Futures Extend Losses On Rising Output, Stocks Concerns

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, July 3 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended its losses to close lower on Friday, weighed by concerns over rising production and expectations of higher stock levels.

Rubber Market Rebounds On Regional Futures Gains

KUALA LUMPUR, July 3 (Bernama) -- The Kuala Lumpur rubber market rebounded from yesterday’s losses to close higher on Friday, supported by gains across regional rubber futures markets amid concerns over potential supply disruptions following heavy rain in Thailand and tropical storm warnings, a dealer said.

Dutch Recognition Of MSPO Strengthens Palm Oil Industry's Readiness For EUDR

PUTRAJAYA, July 3 (Bernama) -- The Netherlands Food and Consumer Product Safety Authority’s (NVWA) recognition of the Malaysian Sustainable Palm Oil (MSPO) certification as a Private Control System under the European Union Deforestation Regulation (EUDR) framework reinforces the readiness of the nation's palm oil industry to meet the European Union market requirements.

Elsa Unit Secures Autonomous Underwater Vehicle Inspection Contract

KUALA LUMPUR, July 3 (Bernama) -- Elsa Bhd’s wholly-owned subsidiary Elsa Energy Sdn Bhd has accepted letters of award from a major exploration and production company to provide autonomous underwater vehicle (AUV) subsea structure inspection services for Peninsular Malaysia, Sabah and Sarawak.

Bursa Malaysia Opens Higher On Consumer Stock Gains

KUALA LUMPUR, July 3 (Bernama) -- Bursa Malaysia opened higher today despite mixed overnight cues from Wall Street, supported by consumer stocks as lower crude oil prices fuelled expectations of easing inflationary pressures, a dealer said.

CPO Futures End Lower On Weaker Crude Oil Prices

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, July 2 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower on Thursday, weighed down by weaker crude oil prices.

Rubber Market Ends Lower On Weaker Crude Oil Prices, Regional Futures

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, July 2 (Bernama) -- The Kuala Lumpur rubber market ended lower on Thursday, pressured by softer crude oil prices and weaker regional rubber futures, a dealer said.

Reservoir Link Secures Five-Year Appointment As Petronas Panel Contractor

KUALA LUMPUR, July 2 (Bernama) -- Reservoir Link Energy Bhd's 60 per cent-owned subsidiary, Reservoir Link Solutions Sdn Bhd (RLS), has secured a five-year appointment from Petroliam Nasional Bhd (Petronas) as a panel contractor.

Malaysia Welcomes Understanding Between US, Iran – PM Anwar

KUALA LUMPUR, July 2 (Bernama) -- Malaysia has welcomed the understanding reached between the United States and Iran aimed at ending months of hostilities, while commending the role of Gulf countries, Türkiye, Pakistan and others in facilitating the memorandum of understanding.

CPO Futures Rebound On Indonesia's B50 Biodiesel Programme Rollout

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, July 1 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Wednesday, supported by positive sentiment arising from Indonesia's implementation of the B50 biodiesel programme.

Iceberg X Sdn Bhd proprietary trader David Ng said stronger export performance in June also supported market sentiment.

HSBC Sees 10 Pct Upside For FBM KLCI By Year-end

By Abdul Hamid A Rahman

KUALA LUMPUR, July 1 (Bernama) -- HSBC Private Bank and Premier Wealth has set a year-end target of 1,850 points for the FTSE Bursa Malaysia KLCI (FBM KLCI), implying about 10 per cent upside from current levels.

Ringgit Ends Lower As Fed Rate Hike Concerns Lift US Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, July 1 (Bernama) -- The ringgit ended lower against the US dollar today as expectations of a United States (US) Federal Reserve (Fed) rate hike continued to weigh on regional market sentiment.