OCBC: Malaysia is the best-placed Asian economy to withstand an oil price of $100.

In a report, the research department of DBS Group stated that if oil prices remain around $100 per barrel for the remainder of the year, Malaysia will be the only beneficiary in the Asian economy. Economist Chua Han Teng mentioned that the country's electricity generation is more reliant on coal and natural gas, while also making efforts to increase the share of renewable energy. He said that Malaysia is a net exporter of liquefied natural gas, with most imports coming from Australia, making it less vulnerable to supply disruptions from the Middle East. Chua pointed out that despite Malaysia's exposure to crude oil in the region, as a net exporter of oil and gas, the country may see trade growth potential as long as there is no drastic global economic slowdown. Inflationary pressures will be limited by subsidies.