Bursa Malaysia Stock Watch
0il, gas stocks to gain from Mideast crisis
kltrader
Publish date: Thu, 17 Feb 2011, 02:24 PM
kltrader
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THE Middle East unrest is expected to keep crude oil prices high, benefiting Malaysian oil and gas services provider while demand for palm oil could drop as building activities there may be disrupted, according to OSK Research Sdn Bhd.
The plantation and transport industries are the potential losers while the only winner is the oil and gas sector, Chris Eng, an analyst at OSK, said in a report today. - Bloomberg
The plantation and transport industries are the potential losers while the only winner is the oil and gas sector, Chris Eng, an analyst at OSK, said in a report today. - Bloomberg
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