MOSCOW, March 14 — OPEC has upgraded its forecast for the global oil demand growth in 2023 by 30,000 barrels per day to 2.3 million barrels per day, according to its fresh report published on Tuesday as reported by Sputnik.
KUALA LUMPUR, March 10 — The Malaysian rubber market ended lower today, dragged by declining crude oil prices, said a dealer.
SINGAPORE, June 20 — China's crude oil imports from Russia soared 55 per cent from a year earlier to a record level in May, displacing Saudi Arabia as the top supplier, as refiners cashed in on discounted supplies amid sanctions on Moscow over its invasion of Ukraine.
KUALA LUMPUR, Feb 23 — The ringgit strengthened against the US dollar at the opening today, as geopolitical tensions between Russia and Ukraine escalate, indicating that the current situation is highly vulnerable, adding to the extent of uncertainty in the foreign exchange market and commodities market in particular.
KUALA LUMPUR, Feb 22 — The ringgit opened higher against the US dollar today as foreign exchange market sentiments are expected to revolve around the Russia-Ukraine conflict as the signals are getting mixed, an economist said.
TOKYO, Dec 2 — Oil prices rose on Thursday, recouping the previous day's losses, as investors adjusted positions ahead of an OPEC+ decision over supply policy, but gains were capped amid fears the Omicron coronavirus variant will hurt fuel demand.
KUALA LUMPUR, Sept 1 — The ringgit closed marginally lower against the US dollar today despite the drop in new daily Covid-19 cases in Malaysia and higher oil prices, said an analyst.
KUALA LUMPUR, July 6 — The ringgit opened marginally higher against the US dollar on Tuesday, supported by firmer crude oil prices.
KUALA LUMPUR, April 23 — The ringgit opened slightly lower against the US dollar this morning amidst mixed indicators of a stronger greenback, lower United States’ (US) Treasury yields and stabilising oil prices, a dealer said.
KUALA LUMPUR, April 22 — The ringgit opened marginally higher against the US dollar this morning but remained in a relatively tight trading range due to weak oil prices, which were offset by better risk sentiment and a slightly weaker US dollar.
KUALA LUMPUR, April 21 — The ringgit ended slightly lower against the US dollar today on the back of sliding oil prices and the demand shift towards safe-haven currencies such as the greenback, said an analyst.
KUALA LUMPUR, April 21 — The ringgit opened marginally lower against the US dollar at opening today due to concerns over the Covid-19 pandemic in the region, as well as the hawkish US Federal Reserves tone that validated a bullish US dollar view, a dealer said.
KUALA LUMPUR, April 20 — The ringgit ended higher against the US dollar for a second consecutive day today on the back of stable oil prices, said an analyst.
KUALA LUMPUR, April 20 — The ringgit opened higher against the US dollar for the second consecutive day today on stable oil prices.
KUALA LUMPUR, April 19 — The ringgit has gained some breathing room today as US Treasury yields and dollar volatility eased, with the local note opening slightly lower against the US dollar in the morning session.
KUALA LUMPUR, April 16 — The ringgit slipped but managed to hold at the 4.12-point level against the US dollar at the opening, as demand for the local currency was hampered by a spike in Covid-19 cases.
KUALA LUMPUR, April 15 — The ringgit continued to trade higher against the US dollar at the close today, for the second consecutive day, as the weaker greenback improved demand for emerging currencies, said an analyst.
KUALA LUMPUR, April 15 — The ringgit climbed 50 basis points (bps) against the US dollar at the opening, fuelled by strong crude oil prices which rose nearly 5.0 per cent overnight due to rising demand.
KUALA LUMPUR, April 14 — The ringgit clawed back to the 4.12-point level against the US dollar at opening today, a level last seen on March 24, 2021, as the greenback fell to three-week lows on Tuesday.
KUALA LUMPUR, April 12 — The ringgit opened flat against the US dollar on Monday amidst higher United States’ (US) bond yields and finicky crude oil prices.
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