Gold rises as oil weakens after US extends ceasefire with Iran
GOLD prices rose on Wednesday as lower oil prices, following a U.S. extension of a ceasefire with Iran, eased fears of an inflation spike and prolonged high interest rates.
Oil prices barely moved as investors assess outlook for US-Iran peace talks
TOKYO: Oil prices were largely flat on Wednesday after rising about $1 at the start of Asian trading, with investors assessing the outlook for U.S.-Iran peace talks following the U.S. extension of a ceasefire.
Brent futures retreat on Iran ceasefire extension
Oil prices pared gains on Tuesday after briefly climbing above US$100 a barrel following an announcement from US President Donald Trump that he was extending a ceasefire with Iran until Tehran submits a proposal.
Govt to roll out B15 biodiesel as over 70% of blending depots ready
KUALA LUMPUR: More than 70 per cent of blending depots in Malaysia are ready to implement B15 biodiesel using existing facilities, following the government's announcement to gradually increase the biodiesel blend.
Gold falls as investors await clarity on US-Iran talks, dollar edges up
GOLD prices fell on Tuesday as investors waited to see whether the U.S. and Iran would consider attending peace talks after renewed tensions over the weekend, while a marginally firmer dollar added to the pressure.
Oil falls on expectations US-Iran talks likely to proceed, opening supply
SINGAPORE: Oil prices fell on Tuesday, reversing gains in the previous session, on expectations peace talks between the U.S. and Iran will take place this week and allow more supply to flow from the key Middle East producing region.
Inflation pressures to build as conflict drives up costs
PETALING JAYA: Early signs of inflationary pressures are emerging, with headline inflation edging up to 1.7% year-on-year in March from 1.4% in February, as higher fuel and transport costs begin to filter through the economy.
Gold falls on stronger dollar amid renewed US-Iran tensions
GOLD prices fell on Monday as the dollar firmed, while news the Strait of Hormuz is closed again pushed oil prices higher, reviving inflation fears.
Manglish – from the plantations to the OED
THIS week, I thought I would stray into lighter, wittier territory – the sort of reflection meant to raise a smile, not your blood pressure – before the serious business of the day resumes.
Mideast war weighs on petrochemical sector
PETALING JAYA: The current supply-driven disruption in global energy markets has materially altered the operating landscape for the petrochemical sector, shifting the industry from a period of oversupply to one characterised by tight feedstock availability, elevated input costs and heightened pricing volatility.
