Live Breaking News & Updates on Bursa Malaysia Energy Index
Stay updated with breaking news from Bursa malaysia energy index. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
KUALA LUMPUR: Bursa Malaysia sought fresh direction after concerns over the impact of soaring oil prices on the economy took the bite out of investor sentiment. ....
BURSA Malaysia-listed oil and gas (O&G) companies have seen more activity and interest in the past half year than most sectors, buoyed by the reopening of China, elevated global crude oil prices and higher capital expenditure (capex) spending by oil majors, particularly Petroliam Nasional Bhd (Petronas). Even so, some analysts are of the view that there is still a lot of gas left in the tank for the sector as they say the recent activity only marks the start of an upcycle because average crude oil prices are projected to go higher in 2023. ....
KUALA LUMPUR: The FBM KLCI extended its fall over the morning session as investors took to the sidelines ahead of the US Federal Reserve's interest rate announcement and corporate earnings announcements later this week. ....
KUALA LUMPUR: Shares in Hibiscus Petroleum Bhd climbed in early morning trade following the announcement of its capital reduction plan as well as a sharp increase in crude oil prices overnight. ....