Global oil demand seen on uptrend

“Our other ‘buy’ calls are Sapura Energy, which has just completed its RM10bil debt restructuring package and re-positioned the formidable engineering, procurement, construction, installation and commissioning group to secure fresh global orders ..." AmInvestment Bank Research said.

PETALING JAYA: Global oil demand is expected to be on a rising trajectory underpinned by the weaker US dollar.

Brent crude, the global oil benchmark, rose by 0.8% to US$67 (RM276) yesterday.