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
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.
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