Quick Take: O&G counters rise as Middle East tensions drive crude surge


KUALA LUMPUR: Oil and gas-related counters continued to trend higher in early trade on Friday, defying the weaker broader market, amid growing concerns over escalating tensions in the Middle East.

US West Texas Intermediate (WTI) crude surged US$5.11, or 7.51%, to US$73.15, while Brent jumped US$4.99, or 7.19%, to US$74.35 per barrel.

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O&G , crude oil , Middle East , Bursa Malaysia

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