# Higher oil prices to divide emerging markets, benefit Malaysia

> A Nomura report says the recent oil price rally will hurt large net oil importing emerging markets more than it helps net exporters such as Malaysia. Brent crude has risen above $74 a barrel, its highest in three years and five months, on supply-side factors and geopolitical risk. Higher energy costs could also raise inflation in importing economies.

- Date: 2018-04-30 · published 2018-04-30T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/65778-higher-oil-prices-to-divide-emerging-markets-benefit-malaysia
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Rising crude prices raise input costs, including fertilizer and freight, for feed producers in importing countries. They also support biofuel economics, which can lift vegetable oil demand.

## Read by commodity

- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2021-02-04 | [Ringgit marginally higher against us dollar on improving oil prices \| Malay Mail](https://feedsoft.ai/events/48915-ringgit-marginally-higher-against-us-dollar-on-improving-oil-prices-malay-mail.md) | +4.8% | +10.0% |
| BRENT | 2022-05-17 | [Stronger U.S. dollar contributes to higher crude oil prices in international markets -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/41586-stronger-u-s-dollar-contributes-to-higher-crude-oil-prices-in-international.md) | -0.2% | +9.4% |
| BRENT | 2018-04-26 | [Emerging markets performance tied to oil price surge, says Nomura \| Commodity News - Energy - Business Standard](https://feedsoft.ai/events/65794-emerging-markets-performance-tied-to-oil-price-surge-says-nomura-commodity-news.md) | -0.9% | +7.2% |
| BRENT | 2026-03-06 | [Palm oil prices rise 4% as higher energy costs lift biofuel spread margins \| S&P Global](https://feedsoft.ai/events/20269-palm-oil-prices-rise-4-as-higher-energy-costs-lift-biofuel-spread-margins-s-and.md) | +16.6% | +35.6% |
| BRENT | 2020-06-28 | [Research firm expects recovering oil prices to limit ringgit from depreciating \| Malaysiakini](https://feedsoft.ai/events/52884-research-firm-expects-recovering-oil-prices-to-limit-ringgit-from-depreciating.md) | +5.0% | +5.7% |

## Sources

- themalaysianreserve.com: https://themalaysianreserve.com/2018/04/30/higher-oil-prices-to-divide-emerging-markets-benefit-malaysia/

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