Oil price set to sustain


PETALING JAYA: With Brent crude oil surging past US$91 per barrel last Friday, industry observers believe this is the strongest sign yet that oil prices will be supported by a number of factors moving forward.

Despite the mild, expected pullback yesterday to under US$90 per barrel, economists and fund managers continue to see elevated oil prices to be sustained, potentially benefiting a number of oil and gas (O&G) companies on Bursa Malaysia.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ringgit likely to trade cautiously next week ahead of key US data
Watts from water
Singapore’s financial sector a big winner
Up in Arms - or up the value chain?
Asia bonds for diversification
Smart city can’t beat the traffic
Powering a new reinvestment cycle as demand surges
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming

Others Also Read