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Oil Prices Rise 3 Percent on Significant Draw in US Crude Stockpiles

Published: June 28, 2023

Oil prices rise 3% on bigger-than-expected U.S. crude stockpile draw, offsetting concerns over interest rate hikes and global oil demand.

Source: news18.com

Indonesia posts US$3.9bil budget surplus in Jan-Sept

Published: October 21, 2022

Indonesia had a budget surplus of 60.9 trillion rupiah ($3.90 billion) in the January to September period, equivalent to 0.33% of gross domestic product, Finance Minister Sri Mulyani Indrawati said on Friday, compared with a 2.66% deficit in the same period in 2021.

Source: thestar.com.my

Asia and Europe manufacturing grows as Omicron keeps spreading - Philippines post good number but Indonesia slight drop

Published: January 3, 2022

Asia and European factory activity continued its expansion in December, lifted by resilient demand and easing supply-chain bottlenecks as the omicron strain begins to spread in the region.

Source: thestar.com.my

Oil posts biggest annual gain since at least 2016

Published: January 2, 2022

Oil prices fell on Friday (Dec 31) but were set to post their biggest annual gains since at least 2016, spurred by the global economic recovery from the Covid-19 pandemic slump and producer restraint, even as infections reached record highs worldwide.

Source: thestar.com.my