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Keppel fall over oil prices: are fears misplaced?

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Published Thu, Oct 16, 2014 · 09:50 PM

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    Weighed down

    Singapore

    KEPPEL Corporation has been weighed down by investor caution on falling oil prices.

    Keppel's share price has tumbled nearly 10 per cent from a month ago to close at S$9.54 on Thursday - its lowest in 28 months - amid fears that the slide in oil prices could mean reduced orders for rigs and offshore support vessels. The fall also came amid a broad retreat in the market.

    Oil prices

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