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UOB: Malaysia to lose up to RM5b if oil trades at US$55-US$65/barrel

theedgemarkets.com
theedgemarkets.com • 2 min read
UOB: Malaysia to lose up to RM5b if oil trades at US$55-US$65/barrel
KUALA LUMPUR (Dec 28): UOB Group said today its crude oil price forecast at US$55 ($75.40) to US$65 a barrel translates into a Malaysian government revenue loss at around RM2 billion to RM5 billion.
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