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World

U.S. officials say global oil market ready for end to Iran crude exports

SINGAPORE (Reuters) - U.S. attempts to drive Iranian oil exports down to zero come against the backdrop of a global market that is sufficiently well supplied to avoid price disruptions, senior U.S. officials said on Thursday.

Nation

Govt will recalibrate 2019 budget if oil price dips below US$50, says Guan Eng

GEORGE TOWN (Bernama): The government will only recalibrate the 2019 Budget if average crude oil price dip below US$50 (RM210) per barrel, says Finance Minister Lim Guan Eng.