Oil demand recovery fragile


Petronas calls for innovation to stay competitive

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) expects the path towards sustained oil demand recovery to remain fragile and uncertain next year, as the emergence of new Covid-19 variants could potentially hamper growth.

In light of this, the national oil company said the smart approach would be to strengthen efforts collectively and be ready to face the oil price volatility.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Oil , demand , recovery , fragile , Petronas , competitive

   

Next In Business News

Industrial projects look increasingly attractive
Dutch Lady’s balancing act amid escalating costs
Demand for co-working space remains resilient
Fed dampens hopes for rate cut
F&N to use cost management measures
Changing office space requirements
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read