Renewed interest in O&G stocks on rising crude oil prices

The strengthening crude oil prices bode well for O&G companies in Malaysia, and this will be reflected in their share prices, analysts say.

INVESTOR interest in oil and gas (O&G) stocks has gained further momentum over the week, thanks to the recent spike in crude oil prices.

This trend will likely be sustained through the end of this year, as the bullish sentiment continues to build on the possibility of crude oil prices hitting US$100 per barrel in the coming months.

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