Oil, commodities price dampener for Malaysia


PETALING JAYA: Tumbling crude oil prices have stoked concerns over the government’s ability to meet its budget deficit target in 2019.

The market has also turned nervy, considering the potential impact on oil and gas (O&G) companies as well as the government’s coffers.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Oil Price , commodities , prices , Malaysia , government , deficit ,

Next In Business News

Yen climbs as traders watch for further intervention
Foreign investors return to net buying with RM11.1mil net inflows
Ringgit opens higher against US$ ahead of key US economic data
FBM KLCI slips in start of August trading, crude futures tumble 7%
Trading ideas: Oxford, MISC, Duopharma, SCIB, WCT, E&O, Komarkcorp, Unisem, F&B, Bina Puri, Genting Plantations, Eco-Shop, Jetson, One Glove
Oil tumbles as Trump cancels attack on Iran to reach nuclear deal
Polymer engineering demand key to Texchem’s outlook
Pecca to expand capacity, boost aviation segment
ESG alone unlikely to lift property valuations as returns remain key
Tasco posts RM7.2mil profit in 1Q27

Others Also Read