Petronas maintains oil price outlook at US$66 per barrel

Power pact: Petronas vice-president Muhammad Zamri Jusoh (second from left) exchanging documents with Terengganu state secretary and director of Terengganu Inc Datuk A. Rahman Yahya after the signing of an MoU for a feasibility study on energy supply and energy-related infrastructure development for the Terengganu Silica Valley. Looking on are Petronas president and group CEO Tan Sri Wan Zukiflee Wan Ariffin (left) and Terengganu Mentri Besar Ahmad Samsuri Mokhtar. See page 3

PETALING JAYA: Petroliam Nasional Bhd (Petronas) said the oil price outlook for 2019 shall be maintained at US$66 per barrel, despite oil prices sliding to US$58 recently.

Petronas president and CEO Tan Sri Wan Zulkiflee Wan Ariffin said: “That (price) is our planning basis.”