From The Star – Oil price upside risk for Malaysia


Dateline 2011-03-01:

The price of crude oil which hit US$100 per barrel recently – its first time in more than two years – is an upside risk for Malaysia as a net exporter.What could stop the country from benefiting from its net exporter status is largely a relapse in the global economic recovery which would affect demand for the commodity.

“Higher oil prices amid strong global demand are an upside risk as Malaysia is a large net exporter of oil,” Nomura International (HK) Ltd told clients in a Feb 25 report.

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This entry was posted on Saturday, March 19th, 2011 at 6:06 am and is filed under business opportunity, Malaysia, oil and gas. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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