Posts tagged as:

oil

Newly unveiled US financial plan causes market and oil prices to drop

February 11, 2009

The new US financial stimulus package has just been announced under the administration of President Obama and the immediate effect of that is a drop in the stock market as well as a plunge in oil price.
Many find the financial package a little too general with no specific measures to help the current global economic [...]

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Oil price hits US$60 and automatic reduction in EPF contribution

November 7, 2008

The world oil price has been quite a yo-yo of late. As of this morning, it was reported that oil price is now at US$60.77, an all time low since March 2007. Markets around the world are also falling. Our KLSE is no different, as a quick check on the top counters today revealed most [...]

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More reduction to fuel price

October 31, 2008

It’s good news coming on Halloween’s Day that our local fuel price will be further brought down by 15 cents, taking effect as early as tomorrow, 1 November 2008. It is also said that the price of fuel is also expected to be reduced further come 15 November 2008 but nothing is quite firm on [...]

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At last, the market falls

October 16, 2008

Don’t you think amidst the global financial crisis over the weeks, our market has been very well maintained in terms of the slow slide on the exchange? It looks as if there was a magic hand sustaining the market and allowing it to drop only bit by bit. However, I didn’t think it could be [...]

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Lower fuel price to come?

October 9, 2008

It is the best thing to hear in times of rising prices…that the pump prices may go down again at the end of this month. Some analysts have also forecasted that the pump prices may drop by between 10 to 15 cents by the start of next month. This is all from the aftermath of [...]

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