Petronas ratings not affected by oil price revisions: S&P's

KUALA LUMPUR: Standard & Poor's Ratings said that its recent revision of its oil price assumptions will not immediately affect the rating on Petroliam Nasional Bhd. The national oil company rated A- stable is expected to maintain its critical policy role for Malaysia, its large direct and indirect contribution to the country's budget. S&P's revised oil price assumptions have no immediate effect on our 'aa' stand-alone credit profile (SACP) for Petronas. "We expect the rise in Petronas' n