KUALA LUMPUR (AFX-ASIA) – High oil prices may boost Malaysia’s evenues as the country is a net oil exporter, but persistent high oil prices could potentially hurt economic recovery and exports, K&N Kenanga said. It noted the country produces some 650,000 barrels of crude oil per day but it is also an importer of oil…
MALAYSIA: Higher oil prices to help revenue, hurt growth
Posted on September 25, 2002 by EnergyAsia