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Home / News / Commodities

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

Commodities

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

theedgemarkets.com Published on Fri, Dec 28, 2018 / 7:19 AM GMT+8

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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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