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CIMB cue for KLCI as Tropical Storm Harvey hits oil output

Mimi Sabreena 8:17:00 AM Informasi

KUALA LUMPUR (Aug 28): Malaysian shares may today take the cue from Tropical Storm Harvey, which disrupted US crude oil output as investors continue to follow Malaysia corporate earnings.

Reuters reported that about 22% of U.S. Gulf of Mexico oil production is offline due to Tropical Storm Harvey, quoting the U.S. Department of the Interior's Bureau of Safety and Environmental Enforcement as saying on Sunday.

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