BRASILIA, Feb 19 — Brazil announced yesterday its decision to join Opec+, a bloc that gathers members of the Organisation of the Petroleum Exporting Countries (Opec) and observer nations, reported Xinhua.

HOUSTON, Jan 1 — Oil prices fell around three per cent in 2024, slipping for a second straight year, as the post-pandemic demand recovery stalled, China's economy struggled, and the United States (US) and other non-OPEC producers pumped more crude into a well-supplied global market.

KUALA LUMPUR, Oct 28 — Malaysia’s Producer Price Index (PPI), which measures the price changes of goods at the producer level, fell year-on-year to 2.1 per cent in September after seven consecutive months of growth, according to the Department of Statistics Malaysia (DOSM).

ANKARA, Oct 21 — Oil prices increased on Monday amid news reports that Israel is preparing a major attack on Iran in response to Tehran’s missile attack on October 1, reported Anadolu Agency.

KUALA LUMPUR, Oct 15 — The ringgit depreciated against the US dollar at the close on Tuesday amid a sharp fall in the price of oil and on continued expectations of a smaller cut in US interest rates going forward.

ISTANBUL, Oct 2 — Oil prices surged over two per cent on Wednesday following escalating tensions in the Middle East, as concerns grew that Iran's largest-ever military strike against Israel could lead to further conflict and disrupt crude oil production in the region, Anadolu Agency reported.

VIENNA, Sept 6 — Eight OPEC+ member countries have agreed to extend their voluntary oil production cuts by two months, pushing the deadline to the end of November in response to declining oil prices, reported Xinhua.

VIENNA, Aug 2 — The Joint Ministerial Monitoring Committee (JMMC) of Opec+, the Organisation of the Petroleum Exporting Countries (Opec) and its allies, yesterday confirmed the oil-producer group’s commitment to its current output policy, reported Xinhua.

DUBAI, Aug 11 — The Organisation of the Petroleum Exporting Countries (OPEC) has expressed confidence that the United Arab Emirates (UAE) will continue its robust economic performance in 2023, reported Xinhua quoting the official news agency WAM on Thursday.

KUALA LUMPUR, Aug 30 — The ringgit strengthened at the close Tuesday as the US dollar lost traction against a basket of major currencies amid concerns over interest rates and the global inflation outlook.

KUALA LUMPUR, March 29 — The ringgit rebounded from yesterday’s losses to end slightly higher against the US dollar today as some investors returned to emerging currencies, including the ringgit, amid a bearish economic outlook, a dealer said.

KUALA LUMPUR, March 28 — Malaysia’s Consumer Price Index (CPI) is expected to remain encouraging in 2022 with a forecast of 2.4 per cent, thanks to a full-year impact of full economic openings, said Public Investment Bank (PublicInvest).