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Oil prices slip after Iran attack, US economic data

Oil prices slip after Iran attack, US economic data

Strong U.S retail sales data from the Commerce Department also hindered oil prices, Yawger added, by increasing the likelihood that interest rates in the world's biggest economy would remain higher for longer and reduce demand for oil.
Tue Apr 16 2024
Oil prices up 3% to 4-month high on US crude stock drop, Russian refinery attacks

Oil prices up 3% to 4-month high on US crude stock drop, Russian refinery attacks

Meanwhile, in Russia, Ukraine struck oil refineries in a second day of heavy drone attacks, causing a fire at Rosneft's biggest refinery in what Russian President Vladimir Putin said was an attempt to disrupt his country's presidential election this week.
Thu Mar 14 2024
Malaysia's economic growth to be affected if Palestine-Israel conflict escalates

Malaysia's economic growth to be affected if Palestine-Israel conflict escalates

If the scale of conflict widens, it would have significant impact, especially in rising of oil prices and trade supply chain disruption.
Tue Nov 28 2023
ECOSS system being upgraded, ready by mid-2024- KPDN

ECOSS system being upgraded, ready by mid-2024- KPDN

The Cooking Oil Price Stabilization Scheme (eCOSS) which is currently being upgraded by the Ministry of Domestic Trade and Cost of Living.
Thu Nov 02 2023
RON97, RON95 and diesel prices unchanged until Oct 4

RON97, RON95 and diesel prices unchanged until Oct 4

The govt was maintaining the retail prices of RON95 and diesel to protect consumers from the real impact of oil price hikes, MOF said.
Wed Sep 27 2023
Top palm oil buyer India's May imports set to fall to 27-month low

Top palm oil buyer India's May imports set to fall to 27-month low

The surprising drop in palm oil imports by India, the world's biggest importer of vegetable oils, could bring down palm oil prices.
Tue May 23 2023
India's March palm oil imports jump on discounts - Dealers

India's March palm oil imports jump on discounts - Dealers

The rise in palm oil imports by India, could help Malaysia lower its stocks and support palm oil prices, the traders said.
Wed Apr 05 2023
Two-tier pricing system, coupons for packet cooking oil to be discussed next week - Minister

Two-tier pricing system, coupons for packet cooking oil to be discussed next week - Minister

The proposals to set cooking oil prices and the use of subsidised purchase coupons for packet cooking oil will be discussed at the NACCOL meeting next week.
Tue Dec 06 2022
Current cooking oil prices to remain unchanged until Jan 7

Current cooking oil prices to remain unchanged until Jan 7

The retail prices of cooking oil for the period Dec 8, 2022 to Jan 7, 2023 will remain unchanged, said KPDNHEP secretary-general Datuk Azman Mohd Yusof.
Thu Dec 01 2022
Ringgit appreciates vs US dollar in early trade

Ringgit appreciates vs US dollar in early trade

Stephen Innes said the steadier crude oil prices earlier this week have also provided support for the local note.
Thu Nov 24 2022
Palm oil prices seen ticking up as rains slash output and demand strengthens

Palm oil prices seen ticking up as rains slash output and demand strengthens

Higher exports and lower production would help major palm oil producers Indonesia and Malaysia bring down inventories.
Tue Oct 25 2022
ANALYSIS: Asian farmers plant to boost palm oil output, seedling shortage slows pace

ANALYSIS: Asian farmers plant to boost palm oil output, seedling shortage slows pace

The seedlings shortfall could slow plantation, capping production growth and keeping palm oil prices elevated, industry officials said.
Mon Sep 19 2022
Gov't in talks with industry players on cooking oil price reduction

Gov't in talks with industry players on cooking oil price reduction

The government is carrying out negotiations with palm oil industry players to devise the best formula to expedite a reduction in supply prices.
Sat Jul 30 2022
Price of bottled cooking oil expected to drop soon - Nanta

Price of bottled cooking oil expected to drop soon - Nanta

The price of bottled cooking oil is expected to drop soon in line with the reduction in the raw cooking oil price from RM7,000 per metric tonne to RM3,600 per metric tonne this week.
Wed Jul 20 2022
Malaysia's inflationary pressure to remain stable with the receding global commodity prices: MIDF

Malaysia's inflationary pressure to remain stable with the receding global commodity prices: MIDF

MIDF Research said Malaysia's palm oil price has been trending downward below RM4,000 per tonne mark since early July 2022.
Tue Jul 19 2022
AWANI Ringkas: Sambutan dibatalkan, digantikan dengan doa selamat

AWANI Ringkas: Sambutan dibatalkan, digantikan dengan doa selamat

Ikuti rangkuman berita utama yang menjadi tumpuan sepanjang hari di Astro AWANI menerusi AWANI Ringkas.
Tue Apr 23 2024
Nahas helikopter Lumut: Laman sosial 503 Squadron dihujani doa, ucapan takziah

Nahas helikopter Lumut: Laman sosial 503 Squadron dihujani doa, ucapan takziah

Satu daripada empat gambar yang dimuat naik itu memaparkan lima anggota TLDM melambai rakan mereka yang berlepas ke Lumut.
Tue Apr 23 2024
KPDN gesa syarikat kenderaan pengangkutan barangan segera kad fleet

KPDN gesa syarikat kenderaan pengangkutan barangan segera kad fleet

KPDN menggesa syarikat kenderaan pengangkutan barangan di Semenanjung Malaysia yang terpilih untuk segera memohon kad fleet.
Tue Apr 23 2024
Pasaran getah Malaysia ditutup rendah

Pasaran getah Malaysia ditutup rendah

Pada 5 petang, harga rujukan MRB bagi SMR 20 fizikal berada pada 762 sen sekilogram manakala susu getah pukal pada 717 sen sekilogram.
Tue Apr 23 2024
Kemasukan ke hospital kerana hisap 'vape', termasuk golongan kanak-kanak meningkat 733 peratus dalam 4 tahun

Kemasukan ke hospital kerana hisap 'vape', termasuk golongan kanak-kanak meningkat 733 peratus dalam 4 tahun

Kemasukan kanak-kanak kerana penyakit berkaitan mengevap merupakan enam peratus daripada jumlah kemasukan keseluruhan dalam tahun 2020.
Tue Apr 23 2024
Nahas helikopter: KPWKM sedia beri bantuan sokongan psikologi kepada keluarga mangsa

Nahas helikopter: KPWKM sedia beri bantuan sokongan psikologi kepada keluarga mangsa

KPWKM bersedia memberikan bantuan sokongan psikologi kepada keluarga mangsa yang terkorban dalam tragedi dua helikopter Tentera Laut Diraja Malaysia (TLDM) terhempas di Lumut, Perak pagi ini.
Tue Apr 23 2024
Bursa Malaysia ditutup tinggi

Bursa Malaysia ditutup tinggi

Pada 5 petang, FTSE Bursa Malaysia KLCI (FBM KLCI) meningkat 2.05 mata kepada 1,561.64 daripada 1,559.59 pada Isnin.
Tue Apr 23 2024
Ringgit ditutup rendah sedikit berbanding dolar AS

Ringgit ditutup rendah sedikit berbanding dolar AS

Pada 6 petang, ringgit susut kepada 4.7785/7820 berbanding dolar AS daripada paras penutup 4.7750/7785 pada Isnin.
Tue Apr 23 2024
Forum Umrah dan Ziarah 2024 kini bermula

Forum Umrah dan Ziarah 2024 kini bermula

Setiap tahun, jutaan umat Islam mengembara ke Mekah dan Madinah untuk mengerjakan umrah.

Bagi mencari penyelesaian yang bermakna buat jemaah, Forum Umrah & Ziarah 2024 menjadi medan penting dalam mengumpulkan semua pemain industri serta pakar berkaitan pendekatan yang lebih baik untuk pengalaman umrah yang bermakna.

#UmrahZiarah2024
Tue Apr 23 2024
Nahas helikopter Lumut: Proses bedah siasat dijangka selesai esok

Nahas helikopter Lumut: Proses bedah siasat dijangka selesai esok

Pihak hospital telah menerima sepuluh jenazah anggota TLDM bagi prosedur bedah siasat sekitar jam 6 petang.
Tue Apr 23 2024