Carian mengenai topik global-oil

Growing sales of electric vehicles in recent years have led forecasters to speed their projections for when global oil use will peak.

Malaysia remains steadfast in its commitment to support OPEC in its proactive efforts to maintain the stability of the global oil market.

A continued recovery in global oil demand depends in part on effective pandemic management around the world.

The government has decided to cap the retail prices of RON95 petrol and diesel at RM2.05 and RM2.15 per litre respectively, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Many investors have pushed global oil majors to do more to combat climate change.

Malaysia's cabinet has agreed to set up an economic action council to tackle serious issues affecting the economy, such as a drop in global oil prices and a coronavirus outbreak.

Malaysia's inflation, which recorded the fastest growth in eight years in February, is expected to ease given the decline in global oil prices.

The recovery in global oil prices is expected to benefit Malaysian economy as it will lead to domino effect across other sectors and commodity.

The amount collected is also less than the RM115 billion targeted for the year following the weak economy, as well as fall in global oil prices.

The retail price of RON95 and diesel were set according to the average prices of the fuel in the world market for a month, as well as being influenced by the ringgit's movement against US dollar.

"Some of them have nothing to eat and have to go through the garbage for food."

Weak sentiment following the fall in global oil prices, pushed share prices on Bursa Malaysia to open marginally lower this morning.

Oil prices rebounded in Asia Thursday, thanks to a weak dollar and bargain-hunting a day after the commodity sank to fresh two-month lows.

A global oil glut that has sent prices tumbling is set to "shrink dramatically" later this year, as wildfires have disrupted Canada's output and demand in India soars, the International Energy Agency.

This is based on encouraging demand despite major producing countries failing to agree on an output cap.

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