Oil and gas (O&G) related stocks surged as oil price rose above US$30 a barrel for the first time in two months, reports The EdgeMarkets.
Market rebalanceOil and gas (O&G) related stocks on Bursa Malaysia surged with strong trading interests, as the oil price rose above US$30 a barrel for the first time in two months.
This rise was after the news that major producers are reining in efforts to rebalance the market.
O&G stocks dominatedO&G stocks dominated the top actives on Bursa, led by Bumi...
https://mfame.guru/og-stocks-surged-as-oil-price-rose-above-us30-a-barrel/