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KUALA LUMPUR: Oil and gas (O&G) stocks were the most active stocks on Bursa Malaysia in early trade Monday as oil prices rose after progress on the U.S. stimulus bill.
KUALA LUMPUR: Oil and gas (O&G) related counters attracted investors’ attention this morning as oil price rally continues.
KUALA LUMPUR: A buying mood returned to Bursa Malaysia following yesterday's decline as rising crude oil prices raised the prospect of a recovering economy.
KUALA LUMPUR: Early trading action on Bursa Malaysia yielded a negative performance with the benchmark FBM KLCI staying just below the flat line.
KUALA LUMPUR: The FBM KLCI tracked US markets higher as the latter rose for a sixth straight session amid the accelerating delivery of Covid-19 vaccines.
PETALING JAYA: Velesto Energy Bhd is anticipated to secure several short-term contracts from the second quarter of 2021, which will help offset potential weak results for the jack-up rig service provider.
PETALING JAYA: Velesto Energy Bhd’s core net loss for the financial year ended Dec 31,2020 (FY20) may be more than previously estimated, due to lower-than-expected utilisation and daily charter rates in last year’s fourth quarter (Q420), said a CGS-CIMB Research report.
THE recovery in the oil and gas (O&G) sector will be slow and gradual, and uncertainties still linger on the supply side.
PETALING JAYA: The recovery in the oil and gas (O&G) sector is likely to be slow as the demand and supply situation remains unstable.
KUALA LUMPUR:Oil and gas (O&G) related counters saw gains this morning as oil futures rallied by nearly 5% on Tuesday.