Global Oil Supply Recovery to Take Time, Says Deputy Minister

Deputy Minister Akmal Nasrullah Mohd Nasir has said that the recovery of global oil supply will take time amid ongoing economic challenges. The situation continues to impact markets.

Slow Global Oil Supply Recovery Could Prolong Energy Market Volatility

He noted that supply constraints and geopolitical factors are contributing to volatility in energy prices. These conditions have implications for Malaysia’s economic outlook.

Authorities are closely monitoring developments to manage potential impacts. Long-term strategies will be needed to navigate uncertainties in global energy markets.

Supply constraints continue to influence fuel prices worldwide.