O&G sector on track for cyclical recovery this year


PETALING JAYA: The oil and gas (O&G) sector is on course for a cyclical recovery in 2019, with the crude oil price expected to be conducive for stronger investments in the sector.

According to Maybank Investment Bank Research (Maybank IB) associate director of research Liaw Thong Jung, the sentiment in the O&G sector has improved and the industry players are entering a new growth cycle.

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Business , O&G , oil , gas , recovery , Maybank , Liaw , capital , investment ,

   

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