Short Position


UMW Oil & Gas Corps NAGA 7 Jack up drilling rig

Dreary prospects for UMW-OG  

IT has not been much fun in the oil and gas (O&G) services industry ever since crude oil prices tanked back in early 2016. A sharp contrast from 10 years ago when crude prices were trading near US$150 a barrel or even from mid-2014, when prices were around US$110.

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Business , UMW Oil & Gas , rigs , outlook

   

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