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KUALA LUMPUR: Malaysia’s consumer price index fell 1.4% in September to 120.1 against 121.8 in the same month of the preceding year, due mainly to lower fuel prices.
KUALA LUMPUR: Malaysia's consumer price index fell 1.4% in September to 120.1 versus 121.8 in the same month of the preceding year due mainly to the downward pressure on fuel prices.
NEW YORK: ConocoPhillips on Monday agreed to buy U.S. shale oil producer Concho Resources Inc for $9.7 billion, as the energy sector consolidates further on the back of lower fuel prices and demand.
AFTER a dip in headline inflation in August, the September Consumer Price Index (CPI) numbers will be watched closely. The Statistics Department is expected to release the CPI on Wednesday.
SINGAPORE: Asian refineries’ profit margins for jet fuel have hit their highest levels in two months as demand for heating oil kerosene picked up before North Asia’s winter, but analysts do not expect margins to fully recover until the coronavirus-hit aviation sector is back to normal.
Tan Sri Shahril Shamsuddin, the president and CEO of Sapura Energy Bhd is retiring in March next year and will be replaced by Datuk Mohd Annuar Taib, the oil and gas company said on Monday.
KUALA LUMPUR: The Consumer Price Index (CPI) for August fell by 1.4% from a year, mainly due to lower transport and fuel prices but food prices continued to increase.
LONDON: Morgan Stanley is bullish on United States airline stocks, initiating coverage on the sector with an “attractive view” and overweight ratings for Southwest Airlines Co, JetBlue Airways Corp and Delta Air Lines Inc.