
Here4Inf0Only
1.2K posts







We've seen these benchmark crude prices before. We've never seen these product prices before. Gasoil in Asia (Singapore-FOB) is trading above $250/b, up 3.3x where we started this year. At the peak in 2022 ~ $185/b At its highest in 2011-14 ($100+ crude) - it traded ~$144/b










Malaysia takde Strategic Petroleum Reserve macam negara-negara pengimport besar macam Jepun, Korea Selatan, Taiwan etc. Apa yang kita ada commercial reserves milik syarikat-syarikat minyak dan penapisan untuk tujuan operasi termasuk penapisan/refining dan jual kepada pengguna.








Q) M’sia is a net energy exporter… but who in M’sia benefits from higher energy prices? A) Mostly exporters; not necessarily the rakyat or even the govt This is 'cos: 1) M’sia is 3+1 things at once: an oil producer, an oil exporter, an oil importer. And a major gas exporter - it produces (light, high quality) crude oil, mostly offshore in Sabah, Terengganu, S’wak, and exports lots of it. So exporters benefit from higher oil prices. Same for gas exporters, with higher gas prices - It imports (heavy) crude oil mostly from Saudi, UAE, Africa that M’sian refineries refine, partly for local consumption & partly for export, and capture the spread So when energy prices increase, it is M’sian exporters that benefit 2) Oil is priced *globally*, not domestically (gas mkts are more nuanced). Even the oil M’sia exports, it still sells into the global market, where *global* demand / supply sets prices -> This underscores that being a net energy exporter doesn't insulate you from higher prices. Even with fuel subsidies in place, M’sia imports *refined* oil products such as gasoline, jet fuel, specialized oils for machinery/ mfg etc. In fact, last year, M’sia imported RM92 bil worth of such refined oil products, mainly from SG, S. Korea, India. That’s almost 9% of all goods imports! Higher costs of such refined products directly or indirectly affect M’sian businesses & rakyat 3) But what about govt: doesn’t govt benefit from higher net energy exports? Not necessarily. First, when it comes to oil, M’sia has turned into a net importer in recent years of both crude & refined products. This is a surprise but a fact. So higher oil prices lead to a higher import bill. Second, is whether higher commodity-based revenue is enough to compensate higher fuel subsidy spending. If not, govt will not benefit necessarily from higher prices. We'll crunch the numbers, and more, in our next economic update soon, so pls stay tuned…but for now, suffice to say that headlines such as "a net energy-exporting country benefits from higher energy prices" is simplistic…you have to distinguish btwn refineries, exporters, govt & citizens End/



Apa yang tergesa-gesanya dah nak dekat sebulan SCOTUS buat keputusan tarif timbal balas di bawah IEEPA tak sah dari segi perlembagaan US. Perjanjian ART berasaskan tarif timbal balas, dah tarif tak sah, perjanjian tak sah la. Ini pun Menteri MITI bagi kenyataan selepas US kenakan tarif baru 10% bawah Section 122 dengan umumkan siasatan ke atas Malaysia (dan 60 buah negara lain) bawah Section 301 atas tuduhan buruh paksa dan excessive manufacturing capacity. Bermakna tarif terkini dan di masa akan datang selepas siasatan selesai yang sepatutnya menjadi asas kepada apa jua perjanjian perdagangan yang akan dirunding kelak. Bila SCOTUS buat keputusan Rafizi jugak paling laju meloncat cakap itu ini, cakap orang lain tergesa-gesa. Isu sebenar pun tak faham.


🚨Sah, Harimau Malaya terlepas ke Piala Asia 2027! Jawatankuasa Tatatertib & Etika AFC telah membuat keputusan Malaysia diisytihar kalah dengan jaringan 3-0 bertemu Vietnam dan Nepal kerana menurunkan pemain yang tidak layak dalam dua perlawanan Kelayakan Piala Asia 2027. 🔚🇲🇾 @ASTROARENA





