# MYR ENDS HIGHER vs USD AS OIL PRICE RISES   – Alpha Southeast Asia

> The ringgit closed higher against the dollar on September 25, at 4.6850/6880, supported by rising oil prices. Brent rose 0.44% to $93.68 and WTI to $90.33. Russia announced a ban on gasoline and diesel exports, and the analyst flagged a possible US government shutdown as a risk.

- Date: 2023-09-25 · published 2023-09-25T12:00:00.000Z
- Category: geopolitics · region Russia · magnitude medium
- Page: https://feedsoft.ai/events/34370-myr-ends-higher-vs-usd-as-oil-price-rises-alpha-southeast-asia
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Higher crude prices and Russia's fuel export ban tighten energy markets and support oil-linked currencies, while lifting diesel and freight costs for feed producers.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲
- DIESEL: bullish ▲
- USDMYR: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2026-10-01 | [Oil prices rise $3 as China suspends fuel exports](https://feedsoft.ai/events/9318-oil-prices-rise-3-as-china-suspends-fuel-exports.md) | -2.3% | +8.7% |
| WTI | 2026-10-01 | [Oil prices rise as U.S. reportedly prepares to send third carrier to Mideast](https://feedsoft.ai/events/9317-oil-prices-rise-as-u-s-reportedly-prepares-to-send-third-carrier-to-mideast.md) | -2.3% | +8.7% |
| WTI | 2019-01-29 | [Oil prices rise as US imposes sanctions on Venezuela](https://feedsoft.ai/events/61242-oil-prices-rise-as-us-imposes-sanctions-on-venezuela.md) | +5.2% | +6.8% |
| WTI | 2025-06-11 | [Oil prices jumps 4% to 2-month high as tensions rise in Middle East \| Reuters](https://feedsoft.ai/events/11156-oil-prices-jumps-4-to-2-month-high-as-tensions-rise-in-middle-east-reuters.md) | +15.2% | +5.8% |
| WTI | 2025-01-10 | [Oil prices rally 3% as US hits Russian oil with tougher sanctions](https://feedsoft.ai/events/10352-oil-prices-rally-3-as-us-hits-russian-oil-with-tougher-sanctions.md) | +7.0% | -3.7% |
| BRENT | 2026-10-01 | [Oil prices rise $3 as China suspends fuel exports](https://feedsoft.ai/events/9318-oil-prices-rise-3-as-china-suspends-fuel-exports.md) | +2.6% | +8.8% |
| BRENT | 2026-10-01 | [Oil prices rise as U.S. reportedly prepares to send third carrier to Mideast](https://feedsoft.ai/events/9317-oil-prices-rise-as-u-s-reportedly-prepares-to-send-third-carrier-to-mideast.md) | +2.6% | +8.8% |
| BRENT | 2019-01-29 | [Oil prices rise as US imposes sanctions on Venezuela](https://feedsoft.ai/events/61242-oil-prices-rise-as-us-imposes-sanctions-on-venezuela.md) | +4.3% | +7.6% |

## Sources

- alphasoutheastasia.com: https://alphasoutheastasia.com/myr-ends-higher-vs-usd-as-oil-price-rises-%ef%bf%bc/

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