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Malaysia's oil and gas sector faces worst outlook in decade amid global uncertainties: analysts

NAMPA / Xinhua
2025-06-05
KUALA LUMPUR, June 5 (Xinhua) -- Analysts on Thursday projected decade-low financial performance for Malaysia's oil and gas sector amid rising global uncertainties. CIMB Securities said in a note that Malaysia's oil and gas sector is being impacted by weaker crude oil prices, U.S. tariff risks, and potential cuts to Malaysia's state-owned oil and gas firm Petroliam Nasional Berhad's capital expenditure. The research house has revised down t......
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