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Oil slumps to fresh one-year lows in markets rout | The Malaysian InsightOil tanks, dented by concerns over the demand outlook and a stubborn supply glut, while the dollar slides versus main rivals.
Source: msianinsight - 🏆 8. / 63 Read more »
Malaysia may lose up to RM5 billion if oil prices fall, says report | The Malaysian InsightOil-related revenue will drop RM300 million for every US$1 drop in crude oil prices, The Edge financial markets reports. Have the savings on 'subsidies' been netted off? n_izzah we lose everything already. n_izzah Win lose that is the risk when we involved with global market, investment etc. No way to go. The only way is we start to be dependent mostly on our own products. But still we can't run away from dealing globally. Hopefully slowly we rise back. We've done it before. 👍👌💪
Source: msianinsight - 🏆 8. / 63 Read more »