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HOUSTON, Sept. 25 (Xinhua) -- The number of active drilling rigs in the United States increased by six to 261 this week, down by 599 year on year, according to the weekly data released Friday by Houston-based oilfield services company Baker Hughes.
PETALING JAYA: Fuel prices are up across the board from Sept 26 to Oct 2, says the Finance Ministry.
KUALA LUMPUR: Bursa Malaysia closed Friday off its day's best amid profit taking activities but buying support for Hartalega and Top Glove enabled the FBM KLCI to close on a firmer note.
TOKYO, Sept 25 (Reuters): Oil prices slipped on Friday and were set for a weekly decline due to mounting worries about the impact on fuel demand of a widespread resurgence in coronavirus infections, as well as some concern about the likely return of exports from Libya.
PETALING JAYA: After six consecutive months of headline deflation, experts believe the country’s muted price pressures will likely continue for the rest of the year, mainly due to the sluggish crude oil prices.
PETALING JAYA: The Malaysian rubber market rebounded from Wednesday’s losses to close firmer yesterday after the International Tripartite Rubber Council (ITRC) forecast a decrease in natural rubber production for the rest of this year and into early 2021.
COLOMBO/NEW DELHI (Reuters) - The owners the New Diamond supertanker which caught fire with a cargo of two million barrels of oil aboard has agreed to pay 340 million rupees (£1.44 million) to Sri Lanka for its help in extinguishing the blaze and averting disaster.