Global oil consumption is now seeing some gradual recovery, in tandem with the easing of global lockdowns, the outfit noted.
PETALING JAYA: The worst could be over for the oil and gas sector and stock-picking within this industry could become viable again, according to Kenanga Research.
“With the worst of the downturn seemingly behind us (barring another wave of the pandemic), we are beginning to turn cautiously optimistic towards the sector, ” it said in a report.
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