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
Add BT as a preferred source
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.
TRENDING NOW
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Rare brutalist Singapore house opens to the public before changing hands
