The Business Times
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UKRAINE CONFLICT

Oil plays extend active trading as prices surge on supply fears

RH Petrogas up 24% on news of US, Europe exploring Russian oil embargo, delay in return of Iranian crude

Tan Nai Lun

Tan Nai Lun

Published Mon, Mar 7, 2022 · 09:50 PM
    Oil Boom.pdf

    Singapore

    SHARES of oil plays on the Singapore Exchange saw brisk trading on Monday (Mar 7), as oil prices continue surging to near their all-time high levels since 2008.

    Rex International was up as much as 11.5 per cent, or S$0.05, to reach an intraday high of S$0.485, with the counter seeing some 95.3 million shares changing hands during the day. Sembcorp Marine (Sembmarine) traded as high as S$0.097, up 6.6 per cent or S$0.006, with 283.7 million shares traded.

    Hot StockOil and gasrex internationalsembcorp marine

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