oil and gas
Energy shock deepens as central banks tighten on rising inflationary risks
US retail diesel prices hit $6.50, central banks tighten policies amid inflation concerns, and the Trump-Xi summit looms.
Category: oil and gas
Airlines
MAG Faces RM7.5 Billion Cost Surge Amid Fuel Shock
MAG warns of RM7.5b cost surge from fuel prices, trims flights and raises fares as global airlines face similar pressures.
oil and gas
Drone Strike Forces Saudi Pipeline Shutdown
Iraq admitted the drone strike were launched from one of its provinces bordering Iran, dismissed a military commander, and opened an investigation.
Business News
Global Markets Retreat as Oil Nears US$92 and Treasury Yields Surge
Global equities extended losses as renewed attacks near the Strait of Hormuz drove oil higher, while rising Treasury yields intensified inflation and interest-rate concerns.
Business News
KLCI Slides Towards 1,700 as Hormuz Tensions Trigger Risk-Off Selling
Hormuz tensions: The FBM KLCI plunged nearly 1.5% as surging oil prices, Middle East tensions and hawkish Fed signals triggered broad-based selling across Malaysian…
oil and gas
US-Venezuela oil deal: A major opportunity, but a long road to recovery
A US-Venezuela oil deal may reshape production long-term but faces political risks; recovery is expected to be gradual and brownfield-led.
Business News
Oil Surge and Hawkish Fed Remarks Pressure Global Markets
Global markets weakened as renewed US-Iran strikes near the Strait of Hormuz drove oil prices higher, while hawkish Fed signals revived inflation and rate…
Business News
KLCI Faces Cautious Open as Oil Surge and US-Iran Tensions Weigh
The FBM KLCI faces a cautious open after broad-based selling, with renewed US-Iran tensions, surging oil prices and weaker technical momentum clouding sentiment.
Subsidy
Flexible diesel subsidy coming soon
Government to announce diesel subsidy improvements soon, including simpler applications and family quota transfers, with Sabah registrations still lagging.
oil and gas
Gasoline, diesel and jet fuel stocks at historically low levels
US crude oil prices fell over $2 per barrel due to a significant stock build, impacting refined product supply globally.
Palm Oil
Plantations: Expecting CPO Price Momentum to Sustain in 2H (Overweight)
Malaysia's CPO stocks hit a five-month high due to rising production, but prices may stabilize amid El Niño concerns.
Business News
Europe’s Gas Market Balances Heatwave Demand Against Rising Geopolitical Risks
European gas markets remain volatile as extreme heat boosts demand while geopolitical tensions and supply disruptions continue to threaten LNG availability.
Business News
Frontken Maintains BUY as Taiwan AI Demand Supports Growth
Frontken Corporation Bhd delivered in-line first-half FY26 results, with its Taiwan semiconductor business continuing to anchor earnings while Malaysia's oil and gas operations provided…
Business News
Malaysia Faces Tail-Risk if Strait of Malacca Shuts Down
Analysts warn Malaysia’s GDP could slow below 3% and inflation exceed 3% if Strait of Malacca faces severe disruption.
oil and gas
Oil & Gas: Rising Dual Chokepoint Risks
Renewed US-Iran tensions have decreased vessel traffic in the Strait of Hormuz, impacting oil prices and export risks for Saudi Arabia.
oil and gas
Saudi Arabia Reroutes Oil via Red Sea Pipelines to Bypass Blockades
Overland pipelines help bypass Gulf blockades, but shipping delays and rising costs continue to strain Saudi exports.