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                                        <title>Oil Prices | MalaysiaNow</title>
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                                <title><![CDATA[ Oil prices fall despite output cuts, equities wobble ]]></title>
                                <link>https://www.malaysianow.com/out-there-now/2023/07/04/oil-prices-fall-despite-output-cuts-equities-wobble</link>
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                                <dc:creator><![CDATA[ AFP ]]></dc:creator>
                                <pubDate>Tue, 04 Jul 2023 02:55:00 GMT</pubDate>
                                <description><![CDATA[ Although Asian stock markets advanced as easing inflation data fuelled hopes that central banks could be nearing the end of their interest rate hiking cycle, European stocks ended mostly lower. ]]></description>
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                                <title><![CDATA[ Air fares may stay sky-high, say industry experts ]]></title>
                                <link>https://www.malaysianow.com/out-there-now/2023/06/11/air-fares-may-stay-sky-high-say-industry-experts</link>
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                                <pubDate>Sun, 11 Jun 2023 00:44:00 GMT</pubDate>
                                <description><![CDATA[ Oil prices, labour costs, and other costs associated with the supply chain are factored into the cost of ticket prices. ]]></description>
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                                <title><![CDATA[ Saudi Arabia slashes output further to boost oil price ]]></title>
                                <link>https://www.malaysianow.com/out-there-now/2023/06/05/saudi-arabia-slashes-output-further-to-boost-oil-price</link>
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                                <pubDate>Mon, 05 Jun 2023 00:29:00 GMT</pubDate>
                                <description><![CDATA[ Oil producers are grappling with falling prices and high market volatility amid the Russian invasion of Ukraine, which has upended economies worldwide. ]]></description>
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                                <title><![CDATA[ Opec+ discussing deepening oil production cuts, sources say ]]></title>
                                <link>https://www.malaysianow.com/out-there-now/2023/06/03/opec-discussing-deepening-oil-production-cuts-sources-say</link>
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                                <dc:creator><![CDATA[ Reuters ]]></dc:creator>
                                <pubDate>Sat, 03 Jun 2023 01:38:00 GMT</pubDate>
                                <description><![CDATA[ Opec+ pumps around 40% of the world's crude, meaning its policy decisions can have a major impact on oil prices. ]]></description>
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                                <title><![CDATA[ Oil market surges on shock output cuts ]]></title>
                                <link>https://www.malaysianow.com/out-there-now/2023/04/04/oil-market-surges-on-shock-output-cuts</link>
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                                <dc:creator><![CDATA[ AFP ]]></dc:creator>
                                <pubDate>Tue, 04 Apr 2023 01:00:00 GMT</pubDate>
                                <description><![CDATA[ Crude futures surged almost 8% at one stage. ]]></description>
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                                <title><![CDATA[ Oil rises as Russia cuts output after Western price cap ]]></title>
                                <link>https://www.malaysianow.com/out-there-now/2023/02/11/oil-rises-as-russia-cuts-output-after-western-price-cap</link>
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                                <dc:creator><![CDATA[ AFP ]]></dc:creator>
                                <pubDate>Sat, 11 Feb 2023 01:10:00 GMT</pubDate>
                                <description><![CDATA[ Russia is part of a 23-nation alliance with the Opec crude cartel that already agreed in October to reduce output by two million barrels per day until the end of this year. ]]></description>
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                                <title><![CDATA[ Oil prices dive, Europe gas price hits lowest level since 2021 ]]></title>
                                <link>https://www.malaysianow.com/out-there-now/2023/01/05/oil-prices-dive-europe-gas-price-hits-lowest-level-since-2021</link>
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                                <dc:creator><![CDATA[ AFP ]]></dc:creator>
                                <pubDate>Thu, 05 Jan 2023 00:30:00 GMT</pubDate>
                                <description><![CDATA[ Analysts point to the mild European winter and a pick-up in the dollar that makes crude more expensive for holders of other currencies. ]]></description>
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                                <title><![CDATA[ Oil prices little changed as Russia unveils export ban ]]></title>
                                <link>https://www.malaysianow.com/out-there-now/2022/12/28/oil-prices-little-changed-as-russia-unveils-export-ban</link>
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                                <dc:creator><![CDATA[ AFP ]]></dc:creator>
                                <pubDate>Tue, 27 Dec 2022 23:59:00 GMT</pubDate>
                                <description><![CDATA[ The decree will be in effect from Feb 1 until July 1. ]]></description>
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                                <title><![CDATA[ Industry agrees to reduce cooking oil prices in stages, says minister ]]></title>
                                <link>https://www.malaysianow.com/news/2022/07/14/industry-agrees-to-reduce-cooking-oil-prices-in-stages-says-minister</link>
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                                <dc:creator><![CDATA[ Bernama ]]></dc:creator>
                                <pubDate>Thu, 14 Jul 2022 06:56:00 GMT</pubDate>
                                <description><![CDATA[ Annuar Musa says the recommendation on price reductions is expected to be implemented soon. ]]></description>
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                                <title><![CDATA[ Oil prices plunge more than 5% on recession fears ]]></title>
                                <link>https://www.malaysianow.com/out-there-now/2022/06/22/oil-prices-plunge-more-than-5-on-recession-fears</link>
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                                <dc:creator><![CDATA[ AFP ]]></dc:creator>
                                <pubDate>Wed, 22 Jun 2022 07:30:34 GMT</pubDate>
                                <description><![CDATA[ Traders are growing increasingly worried that demand for the commodity will take a hit from a possible recession caused by a sharp hike in interest rates aimed at reining in inflation. ]]></description>
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