oil price

 
 

AirAsia X not discounting possibility of re-entering European market, says chairman

PARIS, June 18 — AirAsia X is looking into expanding its market and does not discount the possibility of re-entering the European market. AirAsia X Bhd chairman Tan Sri Rafidah Aziz said, before the company makes any decision, it needs to consider…


Stocks, yields dip with Fed meeting on tap

NEW YORK, June 18 — A gauge of global stock markets dipped slightly yesterday after a mostly strong month and benchmark US bond yields edged lower as investors awaited developments this week from central banks in the United States and elsewhere….


JCorp records RM5.616b in revenue for FY2018

JOHOR BARU, June 17 — Johor Corporation (JCorp) has recorded higher revenue of RM5.616 billion for the financial year ended Dec 31, 2018, compared with RM5.564 billion posted a year earlier. Its president and chief executive Datuk Kamaruzzaman Abu…


G20 energy ministers to collaborate to keep market stability

KARUIZAWA, Japan, June 15 — Energy ministers from the Group of 20 major economies have shared concerns over attacks on tankers in the Gulf and will collaborate to maintain stability in the oil market, Japan's Industry Minister Hiroshige Seko said…


Bursa Malaysia likely to trade firmer next week

KUALA LUMPUR, June 15 ― Bursa Malaysia is likely to trade firmer with an upside bias next week, on the expected return of risk appetite backed by external and local factors. Phillip Capital Management, Asia-Pacific senior vice president…


Global stocks dip as Fed meeting looms, oil climbs on geopolitical fears

NEW YORK, June 15 ― US stocks ended nominally lower yesterday as investors awaited next week's Federal Reserve meeting for signs of imminent easing, while the US-Iran confrontation in the Gulf of Oman added to geopolitical uncertainty, sending oil…


Oil rises again on tension fuelled by tanker attacks

LONDON, June 14 — Oil prices rose again today in reaction to geopolitical tension, building on the previous day’s surge sparked by suspected attacks on two tankers in the Gulf of Oman. The US government blamed Iran for mysterious explosions on…


IEA sees ample oil supplies and weak demand

PARIS, June 14 — Tepid growth in demand for oil along with ample supplies from non-Opec countries will complicate efforts by the cartel and its allies to boost prices, the IEA said in a report today. The focus in oil markets in recent months and…


Asia stocks subdued ahead of China data, Gulf attacks support oil

TOKYO, June 14 — Asian stocks were subdued today ahead of key Chinese data that could provide more clues on how heavily the US-Sino trade war is weighing on the economy, while oil prices were supported by supply concerns after attacks on tankers…


Asia stocks steady after oil surge lifts Wall Street

TOKYO, June 14 — Asian stocks held their ground today after Wall Street gained on a surge in oil prices as attacks on tankers in the Gulf of Oman stoked US-Iran tensions and raised concerns over supply flows through one of the world’s main sea…