Lower O&G prices could impact Budget 2026


PETALING JAYA: Budget 2026 may have to rely less on revenue from crude oil and liquefied natural gas (LNG) as the energy market fundamentals are pointing toward weaker prices next year.

Higher crude production by the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) as well as other producers, along with new LNG supply capacity coming online in 2026, all point to lower prices.

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