Cautious outlook for oil and gas


Despite the gloom and doom in the O&G sector, Dialog Group Bhd stands out as one of the potential winners due to its storage capacity.

PETALING JAYA: Local oil and gas (O&G) service providers could face earnings and margin compression should the low oil price remain under pressure.

The Brent crude oil price plunged yesterday to below US$20 per barrel after United States oil fell into unprecedented negative territory on Monday.

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