Energy stocks may face selling pressure due to OPEC+’s planned oil output increase in April 2025
PETRONAS reported a 7% revenue drop and 32% PAT decline in FY2024, impacted by lower prices and Engen divestment effects.
Perdana Petroleum’s FY2024 profit surged 228.79% to RM146.03 million, driven by higher vessel utilisation, charter rates, and financial improvements.
US President Donald Trump’s tariff moves, including 15% Chinese tariffs on US LNG, signal a new phase in the US-China…
Petronas rightsizes workforce for survival amidst global energy changes, focusing on efficiency and new market dynamics.
Price Trends: Brent crude oil dipped -1% YoY in January CY25, while Henry Hub natural gas surged +36% YoY. Market…
FBM KLCI targets 1,600 resistance, supported by bullish momentum. Automotive, oil & gas sectors face headwinds; OPR steady at 3%.
The long-standing economic ties between Malaysia and Japan, with a significant number of manufacturing projects and investments, are seen as…
Since the 1970s, the Malay Basin has produced over nine billion barrels of oil equivalent, earning its status as a…
Asian spot LNG prices for February delivery fell 3% to $14.4 per MMBtu on 8 January, with further declines expected…
Vaca Muerta’s record oil output, infrastructure investments, and rising exports position Argentina as a key player in global energy markets.
Bargain hunting in the Energy sector may pick up following crude oil price recovery.
The Energy sector may some see buying interest as OPEC+ delayed their planned increase of 180k barrels per day output…
Despite a temporary dip in oil prices, upstream operations showed resilience, maintaining steady investment and production levels.
North Africa’s renewable energy potential and subsea interconnectors could supply Europe with 24 GW of clean power, boosting decarbonization.
Saudi Arabia lowered crude prices for Asia as demand weakens, while OPEC+ postponed production hikes, reflecting concerns over global oil…
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