SINGAPORE, June 25 — Millions of dollars of oil stored in tanks and ships in Asia and Europe has become caught in a web of lawsuits related to trade and financing deals by Singapore's Hin Leong Trading (Pte) Ltd, according to court documents and shipping data.

KUALA LUMPUR, May 25 — Moody’s Investors Service said about 22 per cent of 476 rated non-financial companies in Asia Pacific (Apac) have high exposure to coronavirus disruptions, up from 20 per cent in March, as the effects of the pandemic on companies' credit quality have become more apparent.

KUALA LUMPUR, May 21 — Malaysia voiced its commitment to further strengthen diplomatic and trade ties with India, after the world's largest edible oil buyer renewed purchases of Malaysian palm oil, in a sign of improving relations between the two countries.

KUALA LUMPUR, May 18 — The ringgit extended its decline against the US dollar at the close today amid higher optimism over businesses reopening across major economies as well as firmer West Texas Intermediate (WTI) oil prices.

KUALA LUMPUR, May 12 — The ringgit opened slightly lower against the US dollar today as the stronger greenback mitigated interest for the local currency.

KUALA LUMPUR, May 8 — The Sarawak government and Petroliam Nasional Bhd (Petronas) have reached a consensus to resolve the negotiations on oil and gas and the sales tax on petroleum products in Sarawak amicably.

KUALA LUMPUR, April 30 — Exports of palm oil products had declined significantly by 34.8 per cent year-on-year (y-o-y) or 793,257 tonnes to 1.48 million tonnes during the movement control order (MCO) period up to April 14, from 2.28 tonnes recorded in the same period last year.

NEW YORK, April 21 — US oil prices crashed to the negative territory for the first time in history on Monday, fueled by pandemic-related demand shock and oversupply fears, reported Xinhua news agency.

KUALA LUMPUR, April 16 — While the full impact of Covid-19 on the oil and gas (O&G) industry is still difficult to assess, the industry is expected to record at least 5.0 per cent demand reduction for oil and gas this year.

KUALA LUMPUR, April 13 ― Kenanga Research has maintained a “neutral” call on the oil and gas (O&G) sector after the Organisation of the Petroleum Exporting Countries (Opec) meeting last week.

BAKU, April 10 — If the new Declaration of Cooperation of OPEC enters into force, the OPEC member states will have to cut the oil output by 6.085 million barrels per day in May-June, while non-OPEC parties to the deal by 3.915 million, the Azerbaijani Energy Ministry told Sputnik on Friday.

KUALA LUMPUR, April 8 — The ringgit fell against the US dollar at the close today amid cautious sentiment in the oil market ahead of the anticipated OPEC+ meeting on Thursday.

NEW YORK, April 8 ― World stock markets rose yesterday led by gains in Europe and Asia as signs of progress in curbing the spread of the novel coronavirus fuelled investors' appetite for risk, though a steep, late sell-off on Wall Street erased gains in US stocks.

NEW YORK, March 23 — Oil prices fell more than US$1 a barrel at the start of the trading session on Sunday, as more governments ordered lockdowns to curb the spread of the global coronavirus pandemic that has slashed the demand outlook for crude.

KUALA LUMPUR, March 11 — Malaysia aims to resolve its palm oil spat with India within a month, the South-east Asian nation's new minister of plantation industries and commodities said today.

TOKYO, March 11 — Oil prices climbed for a second day on Wednesday, lifted by hopes that U.S.

KUALA LUMPUR, March 10 — Despite fears of another potential oil crash, the current low oil price environment which resulted from Saudi Arabia’s retaliation against Russia’s decision to opt out of production cuts will not prolong, said MIDF Research.

SINGAPORE, March 10 — Oil prices jumped more than 6 per cent on Tuesday, clawing back some ground on hopes that a price war by top producers Saudi Arabia and Russia that sparked the biggest daily rout since the 1991 Gulf War will not be sustained.

TOKYO, March 9 — Oil prices plummeted around 30 per cent on Monday after Saudi Arabia slashed its official selling prices and set plans for a dramatic increase in crude production next month, starting a price war even as spread of the coronavirus erodes global demand growth.