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.
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