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SINGAPORE: Oil prices slipped away from 2019 highs on Wednesday, with surging U.S. supply and slowing economic growth tempering upward pressure from supply cuts led by producer club Opec and from Washington's sanctions on Iran and Venezuela.
SINGAPORE: Oil prices hovered near 2019 highs on Wednesday, supported by OPEC-led supply cuts and U.S. sanctions on Iran and Venezuela, but capped by soaring U.S. production and expectations of an economic slowdown.
SYDNEY: U.S. oil prices hit a three-month high on Tuesday, buoyed by production cuts led by the Organization of the Petroleum Exporting Countries.
SINGAPORE: Oil prices rose to their highest levels in 2019 on Monday, lifted by OPEC-led supply cuts and by U.S. sanctions on Iran and Venezuela.
NEW YORK: Oil prices rose more than 2 percent to their highest this year on Friday after an outage at Saudi Arabia's offshore oilfield boosted expectations for tightening supply, while progressing U.S.-Sino trade talks strengthened demand sentiment.
KUALA LUMPUR: Blue chips trudged higher early Friday, aided by gains in FBM KLCI-linked stocks like Dialog, PPB Group and IOI Corp but key Asian markets were lower after the weaker US retail sales.
KUALA LUMPUR: Bursa Malaysia was cautious in early Thursday trade ahead of the release of the 2018 GDP data and investors stayed on the sidelines awaiting fresh developments in the US-China trade talks.
SINGAPORE: Oil prices rose on Wednesday as producer club Opec said it had cut supply deeply in January and as U.S. sanctions hit Venezuela's oil exports.
NEW YORK: Oil prices rose more than 1 percent on Tuesday after OPEC figures showed it cut production sharply in January, and as lead member Saudi Arabia said it would reduce its output in March by an additional 500,000 barrels
KUALA LUMPUR: Selling pressure on IHH Healthcare bogged down blue chips in early Tuesday trade while key Asian markets focused on the new round of US-China trade talks.