PETALING JAYA: The price of Brent crude oil, the global benchmark, hit a 26-month high on fresh supply worries worldwide, fuelling investor appetite for shares in local oil and gas (O&G) players.
The share price of Sapura Energy Bhd
, the biggest O&G contractor by market value on Bursa Malaysia, climbed five sen, or 3%, to RM1.71 – its highest level in three months.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
