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Energy 31 Jul 2020 | 7:00 AM

Saudi may cut oil price as fresh supply meets demand slump

RIYADH: Saudi Arabia may have little choice but to reduce the price of its oil as Opec and allied producers start to ease output curbs amid weakening demand that’s crashed the value of physical supplies.

Corporate News 15 Mar 2019 | 6:29 AM

HDC remains optimistic of RM50bil halal export by 2020

PETALING JAYA: Halal Industry Development Corporation (HDC) remained optimistic of hitting RM50 billion export target by 2020, despite recording a lower halal export of RM40 billion last year, says vice president Hanisofian Alias.

Business 12 Nov 2018 | 3:48 AM Premium

S&P Global Platts Insight: Dust settles on Iran sanctions waiver, Opec back in focus

NOW that the fog around the Iran sanction waivers has lifted, focus will return to supply-demand balances and the OPEC and non-OPEC meeting in Vienna next month.

Stocks Analysis 10 Nov 2018 | 12:00 AM

Three factors that affect the market

REVIEW: The change of landscape – economic in Malaysia and political in the US – has kept investors on their toes in recent days, with guesses and rumours over how the upheaval will play out before the dirt settles.

World 05 Nov 2018 | 1:26 PM

U.S. ratchets up pressure on Iran with resumption of sanctions

WASHINGTON (Reuters) - The United States reimposes oil and financial sanctions against Iran on Monday, significantly turning up the pressure on Tehran in order to curb its missile and nuclear programs and counter its growing military and political influence in the Middle East.

Business 05 Nov 2018 | 1:58 AM

Oil prices fall as US grants Iran sanction waivers to eight importers

SINGAPORE: Oil prices fell on Monday as the start to U.S. sanctions against Iran's fuel exports was softened by waivers that will allow some countries to still import Iranian crude, at least temporarily.