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KUALA LUMPUR: MIDF Research has reiterated its positive view on Favelle Favco Bhd as its recent contract wins signal a recovery for the oil and gas sector.
NEW YORK: Oil prices rose more than 4% Wednesday, extending gains from the previous session as improved risk appetite provided support despite data showing an unexpected rise in U.S. oil inventories.
SINGAPORE (Bloomberg) Singapore is facing the greatest competition yet to its status as the dominant marine fuel supplier in Asia, with China luring more ships to its shores following a rapid expansion of its port and refining facilities.
KUALA LUMPUR: AmResearch is maintaining its forecast for the ringgit to trade against the US dollar at RM4.10 to RM4.15 for this year and between RM4.05 and RM4.10 for 2022.
NEW YORK:Crude oil futures rebounded on Tuesday as market participants vied to take advantage of oil's two-month low touched in the previous session
AS IT becomes imperative for countries to move towards a circular economy to safeguard sustainability for future generations, businesses must align their operations with environmental, social and governance considerations.
THE Covid-19 Delta variant is raging through even highly vaccinated chunks of population, but the stimulus-led economic rebound is here to stay and OPEC+ needs to do more to contain oil prices or risk a demand fallout.
NEW YORK: Oil slumped US$5 a barrel on Monday, closing out its worst day since March, after an OPEC+ agreement to boost output stoked fears of a surplus just as rising COVID-19 infections once again threaten demand.