Quick take: O&G shares up as crude oil hit 1-year peak


KUALA LUMPUR: Oil and gas (O&G) stocks are among the most active stocks on Bursa Malaysia in early trade Friday as oil prices hit its highest in over a year.

Reuters reported that Brent crude rose US$2.67, or 4.2%, to settle at US$66.74 a barrel, after rising to US$67.75, its highest since January 2020.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

O&G , Brent , WTI , Velesto , Sapura Energy , Bumi Armada

   

Next In Business News

Microsoft's staggering investment a technological shot in the arm for Malaysia
More job replenishment opportunities for Kerjaya Prospek
Philippines Q1 GDP grows 5.7% y/y
Ringgit opens easier against US$ ahead of OPR decision
FBM KLCI drifts as investors await fresh leads
Trading ideas: Axiata, Mega First, Vstecs, Pharmaniaga, Sarawak Cable, Paragon Globe, CIMB, IHH, Ni Hsin
Thai business group cuts 2024 GDP growth forecast
TotalEnergies mulls moving listing to Wall St
Rig dearth aggravates Indonesia’s declining oil and gas production
Epsom sees more student enrolment from UK

Others Also Read