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 notimmediately 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.
“The ratings and the outlook on the company and its notes will continue tomirror those on the sovereign credit rating on Malaysia,” it