“Our other ‘buy’ calls are Sapura Energy, which has just completed its RM10bil debt restructuring package and re-positioned the formidable engineering, procurement, construction, installation and commissioning group to secure fresh global orders ..." AmInvestment Bank Research said.
PETALING JAYA: Global oil demand is expected to be on a rising trajectory underpinned by the weaker US dollar.
Brent crude, the global oil benchmark, rose by 0.8% to US$67 (RM276) yesterday.
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