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KUALA LUMPUR: The sharp increase in the Brent crude oil price to more than US$100 per barrel compared to the estimated oil price of US$66 per barrel when Budget 2022 was tabled will be a net positive for the government, but fiscal reforms are more pertinent as oil prices may not remain at current rates indefinitely, experts said.
Russia’s war in Ukraine is unlikely to have a uniform effect across Southeast Asia, says Anthony Nafte of CLSA. Many economies in the region are net oil importers and are set to come under “quite a lot of pressure,” Nafte told CNBC’s “Street Signs Asia” on Wednesday. He noted the recent spikes in commodity prices ...
Many Southeast Asian economies are net oil importers and are set to come under “quite a lot of pressure,” Nafte told CNBC’s “Street Signs Asia” on...
Many Southeast Asian economies are net oil importers and are set to come under “quite a lot of pressure,” Nafte told CNBC’s “Street Signs Asia” on...
Many Southeast Asian economies are net oil importers and are set to come under “quite a lot of pressure,” Nafte told CNBC’s “Street Signs Asia” on...