Quick take: Oil and gas counters fall after oil prices dives


KUALA LUMPUR: Oil and gas counters on Bursa Malaysia fell in early trade Friday as oil prices extended its slump.

Reuters reported that oil prices slid early on Friday, extending heavy overnight losses on a surge in U.S. coronavirus cases this week that has raised the prospect of a second wave of the outbreak slamming demand in the world’s biggest consumer of crude and fuel.

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