The Business Times

Companies & Markets

The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

Oil-linked stocks soar as oil prices rally

Crude prices hit near one-month high on hopes of Opec striking deal to cut output

Published Tue, Nov 22, 2016 · 09:50 PM
Share this article.

Singapore

OIL-RELATED stocks on the Singapore Exchange were given a lift on Tuesday as oil prices rose to their highest in nearly a month on the back of an expected output cut by producer cartel Opec.

Offshore services firms Ezra Holdings and Ezion holdings, as well as oil and gas exploration and production firms KrisEnergy and RH PetroGas closed the day 2-11 per cent higher amid heavy trading.

KEYWORDS IN THIS ARTICLE

krisenergy

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

newspaper iconPurchase this articleshopping cart icon

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here