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oil-price

Companies 3 days ago

Malaysia talks to rival airlines as it monitors AirAsia's financial health

Discussions between the government and Malaysia Airlines and Batik Air have increased in recent weeks, the people said, amid growing concerns over financial pressures faced by AirAsia.

Markets 6 days ago

Oil prices jump more than 2 percent after new strikes on Saudi, Strait of Hormuz

Oil prices had been expected to rise on Monday amid growing concerns about risks to supply from Saudi Arabia, the world's largest oil exporter, whose East-West oil pipeline was shut on Friday by a drone strike that originated in ‌Iraq.

Economy 1 week ago

PREMIUM
Budget can weather $100 crude amid renewed Iran tensions, govt says

Brent crude, the global oil benchmark, slipped to $104.77 a barrel on Friday after hitting $108 on Thursday, its highest level since May 19 and its biggest one-day jump in six weeks.

Economy 1 week ago

Oil prices climb as Mideast war flares

The yen strengthened towards the nearly seven-month high touched against the dollar on Tuesday as traders exited short positions in the Japanese currency amid expectations for faster Bank of Japan interest rate hikes and a potential rush of repatriation of Japanese capital.