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Malaysia's oil, gas sector to see faster order flows from high crude oil prices: AmBank
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Published Thu, Mar 3, 2022 · 09:50 PM
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Singapore
AMINVESTMENT Bank (AmBank) on Thursday (Mar 3) maintained "overweight" on Malaysia's oil and gas sector, as rising global demand and oil prices could catalyse faster order flows across the value chain.
However, AmBank analyst Alex Goh expects selected segments in said value chain to be better positioned to benefit from higher oil prices and projects sanctioned by national oil companies.
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