Oil prices fall a second day as Trump indicates possible Iran peace deal
MELBOURNE: Oil prices fell for a second day on Wednesday on expectations bottled up supply from the key Middle East producing region could resume flowing after U.S. President Donald Trump indicated a possible peace deal may be reached to end the war with Iran.
Oil prices fall 4% as US-Iran ceasefire holds
Oil prices fell about 4% in volatile trade on Tuesday, as two vessels passed through the Strait of Hormuz and the United States said the ceasefire with Iran remained in place despite exchanges of fire.
Mixed results ahead for plantation sector in 1Q26
Plantation companies are expected to post weaker upstream performance, but show improvement in the downstream segment for the upcoming first quarter of 2026 (1Q26) results season, which kicks off tomorrow.
Persisting supply risks buoy industrial inputs
RHB Research remains "overweight" on the basic materials sector amid the current geopolitical risks and market volatility.
Gold rebounds from five-week low but inflation fears cap gains
GOLD prices rose on Tuesday from a five-week low hit in the previous session, although gains were limited as elevated crude oil prices kept inflation fears alive and clouded the U.S. interest rate outlook.
Oil eases on signs US is loosening Iranian closure of Strait of Hormuz
OIL prices eased more than 1% on Tuesday after climbing by as much as 6% in the previous session on signs the U.S. Navy is loosening Iran's grip on the Strait of Hormuz, potentially opening up supply from the Middle East.
Opec+ crude output boost is symbolic, but it still matters
IT is easy to dismiss the agreement by the seven remaining members of the the Organisation of the Petroleum Exporting Countries and its allies (Opec+) group of crude oil exporters to increase output for a third straight month in June as merely symbolic.
Biodiesel blend with 15% palm oil slated for June
KUALA LUMPUR: Malaysia will begin producing biodiesel with a mix of 15% palm oil in June in an effort to lower diesel prices, Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi said in a speech to civil servants yesterday.
Gold eases as inflation jitters, Iran war cloud US rate outlook
GOLD prices nudged lower in thin trade on Monday, weighed down by inflation worries that clouded the U.S. monetary policy outlook, while markets awaited developments in U.S.-Iran peace negotiations.
Malaysia to produce biodiesel blend with 15% palm oil from June
KUALA LUMPUR: Malaysia will begin producing biodiesel with a mix of 15% palm oil in June in an effort to lower diesel prices, the deputy prime minister said on Monday, as it grapples with elevated energy prices and supply constraints due to the Middle East conflict.
