IBOV 172,812.43 ▼ 0.32% IPSA 10,957.23 ▲ 0.55% IPC MEX 66,125.27 ▼ 0.74% MERVAL 3,281,489 ▲ 1.79% COLCAP 2,309.56 ▲ 0.49% BVL PERÚ 56,620.35 — — USD/BRL5.07▼ 0.42% USD/MXN17.40▼ 0.20% USD/CLP934.02▼ 0.05% USD/COP3,231▼ 1.15% USD/PEN3.40▲ 0.14% USD/ARS1,477▼ 0.34% USD/UYU40.11▲ 1.23% USD/PYG6,045▲ 1.76% USD/BOB10.80▲ 2.69% USD/DOP58.02▲ 0.31% USD/CRC446.12▲ 1.15% USD/GTQ7.62▲ 2.33% USD/HNL26.74▲ 1.61% USD/NIO36.62▲ 0.84% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD156.98▲ 0.21% USD/TTD6.73▲ 1.11% EUR/BRL5.78▼ 1.25% BRENT 91.17 ▲ 2.19% WTI 84.36 ▲ 1.36% IRON ORE 161.91 — — COPPER 6.55 ▲ 3.98% GOLD 4,076 ▲ 1.64% SILVER 59.13 ▲ 4.10% SOY 1,223 ▼ 0.29% CORN 475.75 ▲ 5.84% WHEAT 676.25 ▲ 0.33% COFFEE 323.25 ▼ 3.33% SUGAR 14.87 ▲ 0.34% ORANGE JUICE 146.55 ▼ 0.58% COTTON 80.03 ▲ 3.44% COCOA 5,590 ▲ 1.27% BEEF 223.05 ▼ 1.53% CATTLE 345.18 ▼ 1.94% LITHIUM 69.34 ▲ 3.62% PETR4 41.56 ▲ 1.00% VALE3 72.44 ▲ 0.71% ITUB4 42.51 ▲ 0.50% BBDC4 18.50 ▲ 0.49% ABEV3 15.85 ▲ 0.38% BBAS3 20.65 ▲ 2.38% B3SA3 15.08 ▼ 1.18% WEGE3 42.67 ▼ 1.07% PRIO3 58.75 ▲ 1.84% SUZB3 41.71 ▼ 0.43% RENT3 36.65 ▼ 2.24% AZZA3 17.79 ▼ 2.09% CSAN3 3.78 ▼ 1.05% RAIZ4 0.28 ▲ 3.70% PCAR3 2.73 ▲ 5.00% GMAT3 3.81 ▼ 1.04% PSSA3 53.25 ▼ 1.75% CVCB3 1.14 ▲ 5.56% POSI3 3.74 ▲ 1.08% SLCE3 13.60 ▲ 0.22% NATU3 8.77 ▲ 1.62% BRKM5 5.91 ▼ 0.51% RANI3 7.88 ▼ 1.38% CSNA3 5.11 ▲ 0.79% CMIN3 5.48 ▲ 1.67% USIM5 8.46 ▲ 3.68% GGBR4 23.69 ▲ 0.30% ENEV3 25.33 ▼ 1.25% CPFE3 46.30 ▼ 0.04% CMIG4 11.02 — 0.00% EQTL3 38.64 ▼ 1.65% LREN3 13.22 ▼ 0.68% VIVT3 35.51 ▼ 0.45% RAIL3 13.27 ▼ 2.21% KLABIN 17.43 ▼ 0.29% RAIA DROGASIL 18.45 ▼ 1.28% RDOR3 33.26 ▼ 6.18% HAPV3 11.34 ▼ 1.82% FLRY3 16.40 ▼ 0.97% SMTO3 15.34 ▼ 0.45% UGPA3 31.45 ▼ 0.79% VBBR3 33.47 ▼ 1.88% BBSE3 41.07 ▲ 0.05% BPAC11 55.48 ▼ 0.64% CURY3 29.53 ▼ 2.19% AERI3 2.06 ▼ 0.48% VIVARA 21.27 ▼ 3.14% COMPASS 24.31 ▼ 1.18% VAMOS 3.12 ▲ 0.97% SANB11 27.34 ▲ 1.22% ASAI3 8.16 ▲ 0.25% SBSP3 28.58 ▼ 1.38% WALMEX 49.31 ▼ 0.14% GMEXICO 206.15 ▲ 2.65% FEMSA 227.31 ▲ 0.15% CEMEX 21.95 ▲ 0.32% GFNORTE 184.55 ▲ 2.53% BIMBO 59.19 ▼ 0.52% TELEVISA 9.82 ▲ 1.13% AMX 22.66 ▼ 0.35% GAP 378.00 ▼ 0.05% ASUR 272.70 ▼ 0.61% OMA 224.99 ▼ 0.64% KOF 180.99 ▲ 0.10% GRUMA 285.11 ▼ 0.87% KIMBER 38.19 ▼ 0.52% SQM-B 64,761 ▲ 2.60% COPEC 6,380 ▲ 2.90% BSANTANDER 79.09 ▲ 3.94% FALABELLA 5,894 ▲ 0.32% ENELAM 84.90 ▲ 0.94% CENCOSUD 2,013 ▲ 0.89% CMPC 1,086 ▲ 1.87% BANCO CHILE 190.00 ▲ 1.88% LATAM AIR 24.51 ▲ 0.41% YPF 80,300 ▲ 1.39% GGAL 8,000 ▲ 1.98% PAMPA 5,460 ▲ 3.61% TXAR 665.50 ▼ 0.75% ALUAR 967.00 ▲ 0.78% TGS 9,695 ▲ 2.05% CEPU 2,355 ▲ 2.88% MIRGOR 16,800 ▼ 1.90% COME 43.09 ▲ 0.33% LOMA NEGRA 3,645 ▲ 2.03% BYMA 293.75 — 0.00% TELECOM ARG 4,248 ▲ 2.47% ECOPETROL 16.44 ▲ 2.56% BANCOLOMBIA 83.06 ▲ 2.77% GRUPO AVAL 5.00 ▲ 1.01% CREDICORP 395.12 ▲ 2.14% SOUTHERN COPPER 185.90 ▲ 6.19% BUENAVENTURA 31.23 ▲ 3.89% MERCADOLIBRE 1,817 ▼ 0.83% NUBANK 14.32 ▲ 2.32% XP 16.79 ▼ 0.06% PAGSEGURO 9.55 ▲ 2.80% STONE 11.29 ▲ 1.48% GLOBANT 31.93 ▼ 1.13% TECNOGLASS 45.95 ▼ 0.35% GAP AIRPORT 217.72 ▲ 0.28% ASUR 272.70 ▼ 0.61% OMA AIRPORT 103.39 ▼ 0.60% AMX ADR 26.01 ▼ 0.36% FEMSA ADR 130.70 ▲ 0.53% CEMEX ADR 12.66 ▲ 1.32% PETROBRAS ADR 18.43 ▲ 1.29% VALE ADR 14.25 ▲ 1.03% ITAU ADR 8.38 ▲ 0.72% SANTANDER BR 5.42 ▲ 0.84% AMBEV ADR 3.11 ▲ 0.81% CSN 1.02 ▲ 0.50% GERDAU 4.70 ▲ 0.43% LATAM ADR 52.35 ▲ 1.18% BTC 66,473 ▲ 1.91% ETH 1,927 ▲ 1.21% SOL 78.04 ▲ 0.32% XRP 1.15 ▲ 3.34% BNB 574.23 ▲ 0.61% ADA 0.17 ▲ 2.19% DOGE 0.07 ▲ 1.65% AVAX 6.62 ▲ 0.67% LINK 8.67 ▲ 0.98% DOT 0.85 ▲ 3.25% LTC 47.62 ▲ 0.60% BCH 225.55 ▲ 2.57% TRX 0.33 ▲ 0.55% XLM 0.19 ▲ 1.87% HBAR 0.07 ▲ 2.63% NEAR 1.93 ▼ 2.46% ATOM 1.49 ▼ 0.27% AAVE 96.00 ▲ 6.93% SELIC 14.25% EMBRAER 83.37 ▲ 0.10% EMBRAER ADR 65.77 ▼ 0.24% JBS 11.82 ▼ 1.79% JBS BDR 59.92 ▼ 1.43% MBRF3 15.16 ▲ 4.41% MBRFY 2.99 ▲ 2.75% INTER 5.59 ▼ 0.53% EGX 53,990 ▲ 1.63% USD/ZAR16.45▼ 0.50% USD/NGN1,376▼ 0.27% NIKKEI 66,232 ▲ 3.26% CSI300 4,739 ▲ 3.06% HSI 25,132 ▼ 0.04% NIFTY 24,188 ▼ 0.21% KOSPI 6,748 ▲ 3.56% JCI 6,340 ▲ 1.74% USD/JPY163.01▲ 0.31% USD/CNY6.76▼ 0.17% DAX 25,011 ▲ 0.66% CAC 8,363 ▲ 0.28% FTSE 10,586 ▲ 0.58% MIB 52,285 ▲ 0.81% IBEX 19,380 ▲ 0.90% STOXX 643.19 ▲ 0.56% EUR/USD1.14▼ 0.04% GBP/USD1.34▼ 0.48% SPX 7,512 ▲ 0.93% DJI 52,350 ▲ 0.99% NDX 29,164 ▲ 1.96% RUT 2,979 ▲ 1.25% TSX 35,332 ▲ 1.06% VIX 17.11 ▼ 8.26% USD/CAD1.41▲ 0.22% US10Y 4.6300 ▲ 0.70% IBOV 172,812.43 ▼ 0.32% IPSA 10,957.23 ▲ 0.55% IPC MEX 66,125.27 ▼ 0.74% MERVAL 3,281,489 ▲ 1.79% COLCAP 2,309.56 ▲ 0.49% BVL PERÚ 56,620.35 — — USD/BRL 5.07 ▼ 0.42% USD/MXN 17.40 ▼ 0.20% USD/CLP 934.02 ▼ 0.05% USD/COP 3,231 ▼ 1.15% USD/PEN 3.40 ▲ 0.14% USD/ARS 1,477 ▼ 0.34% USD/UYU 40.11 ▲ 1.23% USD/PYG 6,045 ▲ 1.76% USD/BOB 10.80 ▲ 2.69% USD/DOP 58.02 ▲ 0.31% USD/CRC 446.12 ▲ 1.15% USD/GTQ 7.62 ▲ 2.33% USD/HNL 26.74 ▲ 1.61% USD/NIO 36.62 ▲ 0.84% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 156.98 ▲ 0.21% USD/TTD 6.73 ▲ 1.11% EUR/BRL 5.78 ▼ 1.25% BRENT 91.17 ▲ 2.19% WTI 84.36 ▲ 1.36% IRON ORE 161.91 — — COPPER 6.55 ▲ 3.98% GOLD 4,076 ▲ 1.64% SILVER 59.13 ▲ 4.10% SOY 1,223 ▼ 0.29% CORN 475.75 ▲ 5.84% WHEAT 676.25 ▲ 0.33% COFFEE 323.25 ▼ 3.33% SUGAR 14.87 ▲ 0.34% ORANGE JUICE 146.55 ▼ 0.58% COTTON 80.03 ▲ 3.44% COCOA 5,590 ▲ 1.27% BEEF 223.05 ▼ 1.53% CATTLE 345.18 ▼ 1.94% LITHIUM 69.34 ▲ 3.62% PETR4 41.56 ▲ 1.00% VALE3 72.44 ▲ 0.71% ITUB4 42.51 ▲ 0.50% BBDC4 18.50 ▲ 0.49% ABEV3 15.85 ▲ 0.38% BBAS3 20.65 ▲ 2.38% B3SA3 15.08 ▼ 1.18% WEGE3 42.67 ▼ 1.07% PRIO3 58.75 ▲ 1.84% SUZB3 41.71 ▼ 0.43% RENT3 36.65 ▼ 2.24% AZZA3 17.79 ▼ 2.09% CSAN3 3.78 ▼ 1.05% RAIZ4 0.28 ▲ 3.70% PCAR3 2.73 ▲ 5.00% GMAT3 3.81 ▼ 1.04% PSSA3 53.25 ▼ 1.75% CVCB3 1.14 ▲ 5.56% POSI3 3.74 ▲ 1.08% SLCE3 13.60 ▲ 0.22% NATU3 8.77 ▲ 1.62% BRKM5 5.91 ▼ 0.51% RANI3 7.88 ▼ 1.38% CSNA3 5.11 ▲ 0.79% CMIN3 5.48 ▲ 1.67% USIM5 8.46 ▲ 3.68% GGBR4 23.69 ▲ 0.30% ENEV3 25.33 ▼ 1.25% CPFE3 46.30 ▼ 0.04% CMIG4 11.02 — 0.00% EQTL3 38.64 ▼ 1.65% LREN3 13.22 ▼ 0.68% VIVT3 35.51 ▼ 0.45% RAIL3 13.27 ▼ 2.21% KLABIN 17.43 ▼ 0.29% RAIA DROGASIL 18.45 ▼ 1.28% RDOR3 33.26 ▼ 6.18% HAPV3 11.34 ▼ 1.82% FLRY3 16.40 ▼ 0.97% SMTO3 15.34 ▼ 0.45% UGPA3 31.45 ▼ 0.79% VBBR3 33.47 ▼ 1.88% BBSE3 41.07 ▲ 0.05% BPAC11 55.48 ▼ 0.64% CURY3 29.53 ▼ 2.19% AERI3 2.06 ▼ 0.48% VIVARA 21.27 ▼ 3.14% COMPASS 24.31 ▼ 1.18% VAMOS 3.12 ▲ 0.97% SANB11 27.34 ▲ 1.22% ASAI3 8.16 ▲ 0.25% SBSP3 28.58 ▼ 1.38% WALMEX 49.31 ▼ 0.14% GMEXICO 206.15 ▲ 2.65% FEMSA 227.31 ▲ 0.15% CEMEX 21.95 ▲ 0.32% GFNORTE 184.55 ▲ 2.53% BIMBO 59.19 ▼ 0.52% TELEVISA 9.82 ▲ 1.13% AMX 22.66 ▼ 0.35% GAP 378.00 ▼ 0.05% ASUR 272.70 ▼ 0.61% OMA 224.99 ▼ 0.64% KOF 180.99 ▲ 0.10% GRUMA 285.11 ▼ 0.87% KIMBER 38.19 ▼ 0.52% SQM-B 64,761 ▲ 2.60% COPEC 6,380 ▲ 2.90% BSANTANDER 79.09 ▲ 3.94% FALABELLA 5,894 ▲ 0.32% ENELAM 84.90 ▲ 0.94% CENCOSUD 2,013 ▲ 0.89% CMPC 1,086 ▲ 1.87% BANCO CHILE 190.00 ▲ 1.88% LATAM AIR 24.51 ▲ 0.41% YPF 80,300 ▲ 1.39% GGAL 8,000 ▲ 1.98% PAMPA 5,460 ▲ 3.61% TXAR 665.50 ▼ 0.75% ALUAR 967.00 ▲ 0.78% TGS 9,695 ▲ 2.05% CEPU 2,355 ▲ 2.88% MIRGOR 16,800 ▼ 1.90% COME 43.09 ▲ 0.33% LOMA NEGRA 3,645 ▲ 2.03% BYMA 293.75 — 0.00% TELECOM ARG 4,248 ▲ 2.47% ECOPETROL 16.44 ▲ 2.56% BANCOLOMBIA 83.06 ▲ 2.77% GRUPO AVAL 5.00 ▲ 1.01% CREDICORP 395.12 ▲ 2.14% SOUTHERN COPPER 185.90 ▲ 6.19% BUENAVENTURA 31.23 ▲ 3.89% MERCADOLIBRE 1,817 ▼ 0.83% NUBANK 14.32 ▲ 2.32% XP 16.79 ▼ 0.06% PAGSEGURO 9.55 ▲ 2.80% STONE 11.29 ▲ 1.48% GLOBANT 31.93 ▼ 1.13% TECNOGLASS 45.95 ▼ 0.35% GAP AIRPORT 217.72 ▲ 0.28% ASUR 272.70 ▼ 0.61% OMA AIRPORT 103.39 ▼ 0.60% AMX ADR 26.01 ▼ 0.36% FEMSA ADR 130.70 ▲ 0.53% CEMEX ADR 12.66 ▲ 1.32% PETROBRAS ADR 18.43 ▲ 1.29% VALE ADR 14.25 ▲ 1.03% ITAU ADR 8.38 ▲ 0.72% SANTANDER BR 5.42 ▲ 0.84% AMBEV ADR 3.11 ▲ 0.81% CSN 1.02 ▲ 0.50% GERDAU 4.70 ▲ 0.43% LATAM ADR 52.35 ▲ 1.18% BTC 66,473 ▲ 1.91% ETH 1,927 ▲ 1.21% SOL 78.04 ▲ 0.32% XRP 1.15 ▲ 3.34% BNB 574.23 ▲ 0.61% ADA 0.17 ▲ 2.19% DOGE 0.07 ▲ 1.65% AVAX 6.62 ▲ 0.67% LINK 8.67 ▲ 0.98% DOT 0.85 ▲ 3.25% LTC 47.62 ▲ 0.60% BCH 225.55 ▲ 2.57% TRX 0.33 ▲ 0.55% XLM 0.19 ▲ 1.87% HBAR 0.07 ▲ 2.63% NEAR 1.93 ▼ 2.46% ATOM 1.49 ▼ 0.27% AAVE 96.00 ▲ 6.93% SELIC 14.25% EMBRAER 83.37 ▲ 0.10% EMBRAER ADR 65.77 ▼ 0.24% JBS 11.82 ▼ 1.79% JBS BDR 59.92 ▼ 1.43% MBRF3 15.16 ▲ 4.41% MBRFY 2.99 ▲ 2.75% INTER 5.59 ▼ 0.53% EGX 53,990 ▲ 1.63% USD/ZAR 16.45 ▼ 0.30% USD/NGN 1,376 ▲ 0.02% NIKKEI 66,232 ▲ 3.26% CSI300 4,739 ▲ 3.06% HSI 25,132 ▼ 0.04% NIFTY 24,188 ▼ 0.21% KOSPI 6,748 ▲ 3.56% JCI 6,340 ▲ 1.74% USD/JPY 163.00 ▲ 0.33% USD/CNY 6.7554 ▼ 0.03% DAX 25,011 ▲ 0.66% CAC 8,363 ▲ 0.28% FTSE 10,586 ▲ 0.58% MIB 52,285 ▲ 0.81% IBEX 19,380 ▲ 0.90% STOXX 643.19 ▲ 0.56% EUR/USD 1.1412 ▼ 0.02% GBP/USD 1.3384 ▼ 0.31% SPX 7,512 ▲ 0.93% DJI 52,350 ▲ 0.99% NDX 29,164 ▲ 1.96% RUT 2,979 ▲ 1.25% TSX 35,332 ▲ 1.06% VIX 17.11 ▼ 8.26% USD/CAD 1.4097 ▲ 0.13% US10Y 4.6300 ▲ 0.70%
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Tuesday, July 21, 2026

Malaysia Stands Firm on South China Sea Oil Exploration Despite Chinese Pressure

By · September 10, 2024 · 2 min read

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In a bold move, Malaysia has begun shadowing Chinese vessels operating within its claimed waters in the South China Sea.

This action signals a more assertive stance in defending its maritime interests against Beijing’s expansive claims.

On September 10, 2024, the Malaysian patrol ship KD Sundang closely monitored the Chinese research vessel Ke Xue San Hao.

The Chinese ship was allegedly conducting unauthorized surveys at Ardasier Bank, located 150 nautical miles (278 km) from Kota Kinabalu in Malaysian Borneo.

However, this incident highlights the ongoing tensions in the region over territorial claims and resource rights.

Malaysia Stands Firm on South China Sea Oil Exploration Despite Chinese Pressure
Malaysia Stands Firm on South China Sea Oil Exploration Despite Chinese Pressure. (Photo Internet reproduction)
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The South China Sea holds significant energy resources, with estimates suggesting about 190 trillion cubic feet of natural gas and 11 billion barrels of oil in proven reserves.

Malaysia’s actions come amid increasing pressure from China to halt oil and gas exploration in the disputed waters.

On September 5, 2024, Malaysian Prime Minister Anwar Ibrahim declared that his country would not yield to Chinese demands to stop exploration activities.

Anwar emphasized Malaysia‘s right to operate in its own waters, stating, “We have to secure economic advantage, including drilling for oil in our territory.”

This stance underscores the importance of these resources for Malaysia’s economic development. The dispute centers on Malaysia’s activities near Sarawak state on Borneo island.

South China Sea Tensions

China claims this area falls within its controversial “10-dash line” map, which encompasses most of the South China Sea. However, Malaysia maintains these waters are within its sovereign territory.

This disagreement came to light after a leaked Chinese diplomatic protest note from February 2024 surfaced in Filipino media.

The note accused Malaysia of infringing on Chinese territory and demanded an immediate stop to all exploration activities.

Malaysia’s approach to this dispute differs from other claimant countries like the Philippines. While asserting its rights, Malaysia prefers diplomatic channels to resolve conflicts.

This strategy aims to balance asserting sovereignty with preserving economic ties with China, its top trading partner since 2009.

The situation highlights the complex geopolitics of the South China Sea. Multiple countries, including Vietnam, Brunei, and Taiwan, also contest China’s expansive claims in the region.

These overlapping claims create ongoing tensions and potential flashpoints for conflict. As this situation unfolds, the international community watches closely.

The outcome could set precedents for how smaller nations navigate disputes with larger powers over resource-rich maritime areas.

It also tests the effectiveness of diplomatic approaches in resolving complex territorial issues in the South China Sea.

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