
Brent
Malaysia’s Fuel Subsidies Surge Amid Global Oil Shock
Malaysia’s fuel subsidies jumped to RM3.2bil in a week as Strait of Hormuz disruption drove oil prices near US$120.

Malaysia’s fuel subsidies jumped to RM3.2bil in a week as Strait of Hormuz disruption drove oil prices near US$120.

Nations with strategic petroleum reserves may take action and release volumes if the disruption of the Strait risks being extended

Oil & Gas: dirty tanker rates continued to outperform, surpassing the 1,700 mark and reaching a two-year high.

Oil and gas sector posts mixed 2QFY25; weaker Brent prices offset by stronger gas, storage, and LNG demand.

Brent oil prices are stable due to Russian supply concerns, but strong Chinese demand may prevent significant price declines.