RH Petrogas, Rex International actively traded as oil prices surge

Singapore

SHARES of RH Petrogas and Rex International were actively traded on Thursday (Mar 3), after oil surged beyond US$110 a barrel as the market braced for supply disruptions from sanctions imposed on Russia.

RH Petrogas reached an intraday high of S$0.335 at 9.16 am, up 21.8 per cent or S$0.06, with 25.1 million shares changing hands.