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Oil price falls on China's COVID-19 cases, high crude build
NEW YORK: Oil prices settled lower on Friday, weighed down by a build in U.S. crude inventories and worries that new pandemic restrictions in China will curb fuel demand in the world's biggest oil importer.
GLOBAL MARKETS-Weak data, earnings drag stocks lower
NEW YORK: A gauge of stocks across the world slipped from record highs on Friday and the dollar edged up against a basket of peers as weak economic data and underwhelming earnings drove investors to reverse some recent risky bets.
Oil prices slip as demand concerns weigh
NEW YORK, Jan. 22 (Xinhua) -- Oil prices moved lower on Friday amid renewed concerns over weaker fuel demand.
WTI crude futures settle lower
NEW YORK, Jan. 22 (Xinhua) -- U.S. oil prices slipped on Friday.
Keeping the economy moving with stimulus
Experts say higher commodity prices a plus for the economy
Move to protect consumers
THE Domestic Trade and Consumer Affairs Ministry (KPDNHEP) will conduct studies to determine if the price increase of 5kg bottled cooking oil is fair to consumers.
Fuel prices Jan 23-29: Up across the board
PETALING JAYA: Fuel prices will increase across the board from Jan 23 to Jan 29, says the Finance Ministry.
Oil drops 1% as China's surging Covid-19 cases trigger clampdowns
MELBOURNE/SINGAPORE, Jan 22 (Reuters): Oil prices fell on Friday, retreating further from 11-month highs hit last week, weighed down by worries that new pandemic restrictions in China will curb fuel demand in the world's biggest oil importer.
Ringgit retreats against US$ ahead of the weekend
KUALA LUMPUR: The ringgit retreated against the US dollar in opening trade today and was traded mixed against a basket of major currencies ahead of the weekend.