PETALING JAYA: Unrest in the Middle East is keeping oil price close to US$40 per barrel during the year-end holiday period, but Malaysian analysts do not see a convincing rebound just yet.
The benchmark West Texas International (WTI) crude oil one-month future trading in New York surged 6% on Monday to above US$40 a barrel following Israeli air strikes in the Gaza Strip but had eased to about US$39.50 yesterday.
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