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KUALA LUMPUR: The ringgit retreated from last week’s gains to close lower against the greenback on Monday as declining crude oil prices and expectations of a US interest rate hike …
Ringgit ends lower versus greenback on oil price decline, expectation of US rate hike Read MoreHOUSTON: Oil prices ticked up on Friday as US officials appeared close to striking a debt-ceiling deal, and as the market weighed conflicting messages on supply from Russia and Saudi …
Oil prices rise as US closes in on debt deal Read MoreNEW YORK: Oil prices settled lower on Thursday (May 25) after Russian Deputy Prime Minister Alexander Novak played down the prospect of further Opec+ production cuts at its meeting next …
Oil eases as Russia downplays additional Opec+ cuts Read More
NEW YORK: Oil prices rose 2% on Wednesday (May 24), after a large unexpected drawdown in US crude inventories and a warning from the Saudi energy minister that raised the …
Oil prices gain 2% on falling US stockpiles, Saudi warning Read More
NEW YORK: Oil prices rose on Tuesday (May 23) on forecasts for a tighter petrol market and a warning from the Saudi energy minister to speculators that raised the prospect …
Oil prices gain 1%, Saudi minister warns speculators Read MoreBEIJING: Oil prices continued to climb on Tuesday with investors expecting a tighter market led by a seasonal rise in gasoline demand and supply cuts from OPEC+ producers, though concerns …
Oil extends gains on higher gasoline demand, tighter supply Read More
NEW YORK: Oil prices edged up 1% on Monday (May 22) with a rise in US petrol futures and forecasts for oil demand to rise in the second half of …
Oil rises 1% as supplies shrink, demand seen higher Read MoreHOUSTON: Oil prices fell on Friday, as investors worried that US politicians will fail to agree on a new debt ceiling and trigger a default that would hurt the economy …
Oil slips as debt talks pause, Fed warns of high inflation Read MoreNEW YORK: Oil prices slid about 1% on Thursday (May 18) after solid US economic data spurred the dollar to reach a two-month high on growing expectations the US Federal …
Oil prices settle down 1% as strong US data boosts dollar Read MoreKUALA LUMPUR: Malaysia has maintained its June export tax for crude palm oil at 8% and raised its reference price, a circular on the Malaysian Palm Oil Board website showed …
Malaysia keeps June crude palm oil export duty at 8%, raise reference price Read More