3d ago
KUALA LUMPUR, Sept 24 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) is maintaining its projection for the average crude palm oil (CPO) price at RM4,400 per tonne for 2026, supported by concerns over tightening supply as hotspots surge across the region.
3d ago
KUALA LUMPUR, Sept 24 (Bernama) -- RHB Investment Bank (RHB IB) has maintained its 'overweight' call on Malaysia’s oil and gas (O&G) sector, with Petroliam Nasional Bhd’s (Petronas) continued growth in upstream investments reinforcing its positive outlook.
4d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 23 (Bernama) -- Bursa Malaysia closed lower on Wednesday, weighed down by profit-taking in selected heavyweights and weaker sentiment towards petrochemical stocks as oil prices continued to slide, said an analyst.
4d ago
KUALA LUMPUR, Sept 23 (Bernama) -- Bursa Malaysia opened lower on Wednesday as investors took profits in selected heavyweights, paring recent gains amid ongoing United States-Iran talks.
4d ago
KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday, supported by easing Brent crude oil prices and geopolitical concerns.
5d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Sept 22 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives extended losses to close lower on Tuesday, as lower crude oil prices weighed down market sentiment.
5d ago
By K. Naveen Prabu
KUALA LUMPUR, Sept 22 (Bernama) -- The ringgit closed marginally higher against the US dollar on Tuesday, trading within a narrow range as investors remained cautious ahead of key geopolitical developments this week.
5d ago
KUALA LUMPUR, Sept 22 (Bernama) -- The finalisation of the European Union (EU) Deforestation Regulation (EUDR) framework provides greater clarity on its implementation, ahead of the regulation’s enforcement end-December 2026, and has a much smaller impact on oil palm plantation companies.
5d ago
KUALA LUMPUR, Sept 22 (Bernama) – The Malaysian Palm Oil Council (MPOC) foresees Malaysia's palm oil exports remaining stable at around 16 million tonnes in 2027, with the country expected to play an increasingly important role in supplying palm oil to global consumers.
5d ago
KUALA LUMPUR, Sept 22 (Bernama) -- Bursa Malaysia opened higher on Tuesday but retreated thereafter, supported by bargain hunting as easing tensions in West Asia helped lift sentiment and pushed Brent crude oil prices lower.
5d ago
KUALA LUMPUR, Sept 22 (Bernama) -- The ringgit opened slightly higher against the US dollar and a basket of major currencies on Tuesday, supported by improved market sentiment amid easing global oil prices and geopolitical developments.
6d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Sept 21 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower on Monday, tracking weaker soybean oil futures on the Chicago Mercantile Exchange (CME).