Oil price rises after draw in US stocks, eyes on OPEC+ decision (Update)

TOKYO: Oil prices rose on Wednesday towards last week's seven-year highs after data showing a fall in U.S. crude stocks underlined solid demand, but investors remained cautious ahead of an OPEC+ meeting due later in the day.

RMAF to set up technical panel to review Hawk crash, says Deputy Defence Minister

PETALING JAYA: The Royal Malaysian Air Force (RMAF) will set up a technical panel to review the Hawk 108 crash at Butterworth on Tuesday (Nov 16) night, says Datuk Seri Ikmal Hisham Abdul Aziz.

Oil extends gain from 1-year high as lower stockpiles aid rally

Oil price rises 2%, reverses loses as OPEC+ addresses market weakness

NEW YORK: Oil prices rose more than 2% on Thursday, turning positive as OPEC and its allies said the producer group would crack down on countries that failed to comply with output cuts and planned to hold an extraordinary meeting in October if oil markets weaken further.

Oil steadies as demand fears offset high OPEC+ compliance

NEW YORK: Oil prices steadied on Tuesday as high compliance with supply cuts from the OPEC+ producer group offset demand fears from the new coronavirus

Oil prices flat; OPEC+ mulls supply cut as virus hits demand

NEW YORK: Oil futures gave up early gains and settled narrowly mixed on Thursday, as OPEC and its partner Russia gave mixed signals about possible further output cuts to mitigate the impact of any weakening in global demand due to the coronavirus outbreak.

Opec+ considering further 500,000 barrels per day oil output cut

LONDON: Opec and its allies are considering cutting their oil output by a further 500,000 barrels per day (bpd) due to the impact on oil demand from the coronavirus, two Opec sources and a third industry source familiar with discussions said.

More naturalised footballers

PETALING JAYA: The path has been cleared for more naturalised players to feature for Harimau Malaya.

OPEC, allies struggle to fully deliver pledged oil output boost

LONDON: OPEC is struggling to add barrels to the market after agreeing in June to increase output, an internal document seen by Reuters showed, as an increase in Saudi Arabia was offset by declines in Iran, Venezuela and Angola.

Prepared for emergencies

From TAN SRI LEE LAM THYE, Chairman, National Institute of Occupational Safety and Health.