PETALING JAYA: Analysts remain positive on the oil and gas (O&G) industry, on the back of stable oil prices, prompting greater levels of activity.
The oil market reacted positively to the Organisation of the Petroleum Exporting Countries’ (Opec) decision last Friday to extend oil output cuts till June 2019, with overall production to be reduced by 1.2 million barrels per day (bpd) from October levels.
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