# Ringgit opens higher against US dollar as oil prices ease | The Star

> 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.

- Date: 2026-09-18 · published 2026-09-18T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/17729-ringgit-opens-higher-against-us-dollar-as-oil-prices-ease-the-star
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

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.

## Read by commodity

- BRENT: bearish ▼
- USDMYR: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2026-05-29 | [Ringgit opens higher against US$ in improved sentiment \| The Star](https://feedsoft.ai/events/19534-ringgit-opens-higher-against-us-in-improved-sentiment-the-star.md) | +4.9% | -15.5% |
| BRENT | 2022-12-06 | [Ringgit ends lower against US dollar as oil prices decline \| Malay Mail](https://feedsoft.ai/events/38501-ringgit-ends-lower-against-us-dollar-as-oil-prices-decline-malay-mail.md) | -6.1% | -7.8% |
| BRENT | 2026-06-01 | [Ringgit ends higher against US dollar on renewed risk appetite](https://feedsoft.ai/events/19535-ringgit-ends-higher-against-us-dollar-on-renewed-risk-appetite.md) | +1.3% | -20.5% |
| BRENT | 2020-03-22 | [Ringgit opens lower against US dollar in early session \| Malaysiakini](https://feedsoft.ai/events/54380-ringgit-opens-lower-against-us-dollar-in-early-session-malaysiakini.md) | -10.0% | -19.8% |
| BRENT | 2022-11-29 | [Ringgit retreats to open lower against US dollar \| Malay Mail](https://feedsoft.ai/events/38931-ringgit-retreats-to-open-lower-against-us-dollar-malay-mail.md) | -0.4% | +0.0% |

## Sources

- thestar.com.my: https://www.thestar.com.my/business/business-news/2026/09/18/ringgit-opens-higher-against-us-dollar-as-oil-prices-ease?gsid=ae3ad621-9e73-4307-8d99-8c03a477df9d

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
