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There are 549 news based on search keyword " oil"

CPO Futures Likely To Maintain Bullish Bias Next Week On Tighter Supply Outlook

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Aug 29 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to maintain a bullish bias next week, supported by firm fundamentals and expectations of tighter supply.

IOI Corp Posts Higher Net Profit Of RM1.68 Bln In FY2026

KUALA LUMPUR, Aug 28 (Bernama) -- IOI Corporation Bhd’s (IOI Corp) net profit for the financial year ended June 30, 2026 (FY2026) rose to RM1.68 billion from RM1.52 billion a year earlier, mainly supported by higher profit from its resource-based manufacturing and plantation segments.

CPO Futures Rebound To Close Higher On El Nino Concerns

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Aug 28 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives rebounded to close higher on Friday, supported by expectations of weaker output in the medium term amid concerns over the El Nino weather pattern.

Petronas Posts Resilient Half-Year Results, Remains Steadfast In Safeguarding Energy Security 

KUALA LUMPUR, Aug 28 (Bernama) -- For the first half of the financial year ended June 30, 2026 (1H 2026), Petroliam Nasional Bhd (Petronas) recorded modest net profit and revenue that reflected disciplined execution, operational reliability and commercial excellence amid a challenging macro environment.

Malaysia Secures RM218.5 Bln In Approved Investments In 1h 2026 - MIDA

KUALA LUMPUR, Aug 28 (Bernama) -- Malaysia secured RM218.5 billion in approved investments in the first half of 2026 (1H 2026), up 11.7 per cent from RM195.5 billion in the same period last year, according to the Malaysian Investment Development Authority (MIDA).

AIREI Launches Its Second AI-Based Smart Palm Oil Mill

IPOH, Aug 28 (Bernama) -- A Malaysia Digital (MD) status company, AIREI Sdn Bhd has launched its second artificial intelligence (AI)-based smart palm oil mill, this time with a significantly larger capacity of 60 tonnes per hour, up from 45 tonnes per hour at its first mill.

Yinson Holdings Shares Down 2.25 Pct At Midday

KUALA LUMPUR, Aug 28 (Bernama) -- Yinson Holdings Bhd’s share price fell 2.25 per cent at midday today, following a report that its founder, the Lim family, as well as the Employees Provident Fund (EPF) and MISC Bhd are teaming up for a potential takeover of the oil and gas company.

CPO Futures Close Lower Amid Weaker Soybean Futures

By Danni Haizal Danial Donald

KUALA LUMPUR, Aug 27 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Thursday as weaker soybean oil futures trading at the Chicago Mercantile Exchange (CME) weigh down market sentiment.

Petron Malaysia Records Net Loss of RM34.48 Mln In 2Q 2026

KUALA LUMPUR, Aug 27 (Bernama) -- Petron Malaysia Refining & Marketing Bhd (Petron Malaysia) recorded a net loss of RM34.48 million in the second quarter ended June 30, 2026 (2Q 2026) compared to a net profit of RM40.51 million in the same quarter a year ago. 

Bursa Malaysia Ends Mixed As Profit-taking Emerges Ahead of Long Weekend

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 27 (Bernama) -- Bursa Malaysia ended mixed on Thursday, as investors took profit ahead of the long weekend.

EV Charging Technology Transfer Must Suit Local Needs – LINCHR

By Ng Che Yan

KUALA LUMPUR, Aug 27 (Bernama) -- Chinese smart charging solutions for new electric vehicles (EVs) are gaining a foothold in Malaysia as the country’s EV market is expected to accelerate over the next three to five years.

Rubber Market Extends Gains Amid Supply Concerns

By Danni Haizal Danial Donald

KUALA LUMPUR, Aug 27 (Bernama) -- The rubber market extended gains, closing higher on Thursday, supported by supply concerns stemming from continued rainfall in major producing regions, said a dealer.