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The ringgit opened higher against the US dollar on September 18 as oil prices eased after Saudi Arabia reportedly began restoring its East-West pipeline. Brent fell to US$104.82 and US Treasury yields declined.
Lower oil prices ease energy and freight cost pressure, and a firmer ringgit reduces the local cost of imported feed ingredients. The effect is brief and tied to sentiment.
thestar.com.myThe Star OnlineSep 18, 2026Not enough comparable past events yet for a historical read.
After 312 past bearish macro events, BRENT moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
