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KUALA LUMPUR: AmInvestment Research is maintaining its neutral view of the oil and gas sector due to its mixed number of buy and sell calls.
PETALING JAYA: A fresh wave of coronavirus (Covid-19) cases could see prolonged low crude oil prices as demand for fuel is plunging due to longer movement restriction globally.
Worst slump in contract awards yet to come, say analysts
It’s a first in six months on strong volume
The Harvard grad will have his hands full in meeting demands of unit holders
PETALING JAYA: Pessimism persisted in the stock market over worries about the spike in coronavirus (Covid-19) cases globally, which also sent shock waves to the oil market.
The underperformance of Sapura Energy Bhd and Velesto Energy Bhd has put Permodalan Nasional Bhd (PNB) in the spotlight. Both companies have had PNB as their major owners.
PETALING JAYA: The resurgence of the coronavirus (Covid-19) infection in Beijing and the drop in oil prices are back as a tag team to batter global markets as they shatter confidence among investors.
KUALA LUMPUR: Oil and gas counters on Bursa Malaysia fell in early trade Friday as oil prices extended its slump.