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Rigbuilders gain on crude rally

Keppel, Sembmarine stocks up; analysts cautious about sustained oil price rebound
Thursday, February 5, 2015 - 05:50


SINCE Monday, shares of Singapore's leading rig-builders, Keppel Corporation (KepCorp) and Sembcorp Marine (Sembmarine), have gained off the recent rally in crude prices, but the fundamental supply-demand mismatch of the oil markets still persist, market watchers say.


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