
Oil steadies on mixed US economic and tariff news
NEW YORK: Crude oil futures were little changed on Friday on mixed US economic and tariff news and worries about oil supplies following the European Union's latest sanctions against Russia for its war in Ukraine.
Brent crude futures fell 24 cents, or 0.3%, to settle at US$69.28 a barrel, while US West Texas Intermediate (WTI) crude futures fell 20 cents, or 0.3%, to end at US$67.34.
Cancel anytime. Ad-free. Full access to Web and App.
RM 13.90/month
RM 9.73 /month
Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.
RM 12.39/month
RM 8.63 /month
Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Malaysian Reserve
2 hours ago
- Malaysian Reserve
AtWork Group Reports a Strong First Half of 2025
Staffing Franchise Expands with New Locations and Earns Top Industry Honors KNOXVILLE, Tenn., July 24, 2025 /PRNewswire/ — AtWork®, an award-winning leader in the staffing industry, is proud to announce significant growth and recognition in the first half of 2025. Amid a cautiously optimistic outlook for the staffing industry, AtWork continues to outpace expectations with new office openings, strong franchise development, and multiple national awards. 'Despite the headwinds facing the staffing industry, the first two quarters of 2025 have proven to be a period of strength for AtWork,' said Jason Leverant, president and COO of AtWork. 'Our ability to adapt to evolving workforce needs while maintaining our commitment to client and candidate satisfaction continues to set us apart.' New Locations AtWork continues to grow its national footprint in 2025. Arkansas became the latest state to join AtWork's growing list of markets, further expanding the brand's national presence. AtWork opened eight new offices across the country so far in 2025: Virginia: Richmond South Georgia: Cartersville Georgia: West Gwinnett South Carolina: Greenville Washington: Seattle Southwest Arkansas: Bentonville Texas: Austin Northeast Indiana: Indianapolis NW Awards & Recognition AtWork earned several prestigious industry honors in 2025, including: Forbes' List of America's Best Recruiting and Temporary Staffing Firms (2025) – Recognized among the top 200 U.S. firms in the temporary staffing category. Staffing Industry Analysts' (SIA) 2025 Largest Staffing Firms in the US-Recognizing AtWork's impact and scale in the staffing industry. ClearlyRated Best of Staffing® Client and Talent Awards (2025) – Awarded to fewer than 1% of staffing firms in the U.S. and Canada. Franchise Business Review's 2025 Top Franchises Satisfaction Award – Based on independent surveys of franchisee satisfaction. FranServe Fran-tastic brand-Honored for exceptional commitment in helping individuals realize their dream of owning a business by providing strong franchise opportunities. A stand-out franchisee, Josephine Suryono, who owns and operates AtWork locations in Sacramento and Roseville, California, has received several accolades for her success this year. Josephine was named the International Franchise Association's Franchisee of the Year as well as a 2025 Franchise Rockstar by Franchise Business Review in the Women's category. Her Roseville office led the AtWork system in revenue and gross profit in 2024 and continues to set a high standard in 2025. Additional Achievements In the first half of 2025, AtWork's leadership remained actively involved in national workforce conversations: COO Jason Leverant published a practical employment AI Guide designed to help job seekers navigate the evolving job market with new technology. Leverant's expertise has been featured in Newsweek, Yahoo! News, The Washington Examiner and other major outlets, covering topics such as Gen Z's fear of layoffs, the transition of federal workers into private sector roles, and the shifting landscape for white-collar employment. With over 30 years in business, AtWork remains committed to supporting entrepreneurs, connecting businesses with high-quality talent, and delivering exceptional staffing solutions nationwide. To learn more about AtWork's franchise opportunities, visit About AtWork Headquartered in Knoxville, Tennessee, AtWork is an award-winning staffing franchise with nearly 100 locations. For more than 30 years, leading companies from across the nation have trusted AtWork to recruit the best talent. Recognized by Staffing Industry Analysts as one of the Largest and Best Staffing Firms to work for in the U.S. and as an Entrepreneur Verified Franchise, AtWork can staff an entire production facility or provide temporary support that keeps businesses thriving. AtWork's dedication and unparalleled service earned them a spot on Forbes America's Best Recruiting and Temporary Staffing Firms and ClearlyRated's Best of Staffing® award for client and talent satisfaction. Additionally, the franchise's growth and support for its franchisees have secured them a place on Franchise Business Review's (FBR) Top 200 Franchise ranking for seven years in a row and is in the FBR Hall of Fame for 10+ years of stellar performance. AtWork is also ranked in Entrepreneur's Franchise 500, Franchise Times Top 400, and Entrepreneur's Top Franchises for Diversity, Equity, and Inclusion. To learn more about AtWork's services, visit Media Contact: Lu Dumas919.459.8168ldumas@

Barnama
3 hours ago
- Barnama
Ringgit Ends Higher Against US Dollar, Other Major Currencies On Malaysia-US Trade Deal Optimism
By Fatin Umairah Abdul Hamid KUALA LUMPUR, July 24 (Bernama) -- The ringgit ended higher against the US dollar, buoyed by optimism that Malaysia could secure a more favourable trade deal with the United States (US), said an analyst. The local note also traded higher versus the US dollar for the fifth consecutive day. At 6 pm, the ringgit rose to 4.2135/2210 against the greenback from Wednesday's close of 4.2255/2300. Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said Malaysia is actively engaging in discussions with the US over the impending 25 per cent tariff rate set to take effect on Aug 1, aiming to secure a rate below 20 per cent. SPI Asset Management managing partner Stephen Innes said regional tailwinds further lifted sentiment after US President Donald Trump concluded a trade deal with Japan on Tuesday, which included reducing tariffs on the import of Japanese goods into the US to 15 per cent from 25 per cent. 'These developments are fuelling hopes that Washington's broader tariff strategy is shifting from confrontation to compromise. 'Against this backdrop, investors see Malaysia as a likely beneficiary of the next wave of bilateral deals,' he told Bernama. Innes added that the ringgit's recent gains may signal its potential to benefit from improved trade conditions following the US-Japan agreement.


Borneo Post
4 hours ago
- Borneo Post
SMJ Energy secures RM 94 million in revenue from crude oil sale
KOTA KINABALU (July 24): SMJ Energy on Thursday announced the successful 10th sale of its crude oil from its Samarang Production Sharing Contract (PSC), generating an estimated RM 94 million in revenue. This latest transaction further solidifies the company's commitment to generating long-term, sustainable value from its operations. Since acquiring a 50% participating interest in the Samarang PSC on May 31, 2023, SMJ Energy's robust performance in the market continues to yield impressive results. Cumulatively, the company has generated an estimated RM1.9 billion in revenue to date, or RM397 million since early 2025 through strategic sales of its crude oil and gas from Samarang PSC. Samarang PSC, located offshore Sabah, is expected to provide continuous and significant revenue streams to SMJ Energy. Samarang PSC also produces and supply gas to Kota Kinabalu Industrial Park (KKIP) and three gas power plants in and around Kota Kinabalu, Sabah. The sale of crude oil from the Samarang PSC reinforces SMJ Energy's position as a key player in Sabah's energy sector. The company's operations support the Sabah State Government's goals of driving economic growth, strengthening local content development, and advancing a sustainable energy future.