O&G stocks gaining momentum

Trading this week started with O&G stocks being among the most active counters and gainers on Bursa Malaysia following the news that oil major Saudi Aramco had become the world’s most valuable company overtaking Apple, thanks to the spike in the price of crude oil. (File pic shws Aramco oil production in Saudi Arabia. - Reuters)

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PETALING JAYA: Oil and gas (O&G) players are expected to benefit from the elevated crude oil prices this year.