A rerun of the oil market plunge that took the New York Mercantile Exchange’s now expired May crude contract into negative price territory on the eve of its expiration last month can’t be ruled out, the Commodity Futures Trading Commission warned Wednesday, urging the futures industry to be prepared.

Oil prices settled with a loss on Wednesday, failing to find support even after U.S. government data showed an unexpected weekly decline in domestic crude supplies, along with a fall in stocks at a key storage hub in Cushing, Okla.

KUALA LUMPUR: Bursa Malaysia rallied on Wednesday as Bank Negara revealed a better-than-expected result for Malaysia's economy in the first quarter.

KUALA LUMPUR (May 12): Rubber glove manufacturer WRP Asia Pacific Sdn Bhd, which only produces five per cent of Malaysia’s overall capacity, is a fine example that size does not matter, as it joins the giants of the industry in meeting the global demand for rubber gloves to beat the COVID-19 pandemic.

TOKYO/NEW YORK (Reuters) - Stocks and oil prices fell on Wednesday as fears about a second wave of coronavirus infections gripped financial markets.

NEW YORK (Reuters) - Asian equities were set to pull back on Wednesday as heightened concerns about coronavirus infections and the timing for a vaccine outweighed the lift from rebounding oil prices and upbeat corporate earnings in Europe.