The Bursa Malaysia Energy Index surged 1.7% or 13.5 points to 802.34 points, as investors estimated that Brent crude oil could continue to rise on supply disruption due to a possible invasion of Ukraine by Russia.
PETALING JAYA: The stellar run of the Brent crude oil price this year has brought small-to-medium sized oil and gas (O&G) service providers back to life.
O&G service providers, which were a major laggard from late 2020, were among the most actively traded stocks yesterday as the international benchmark Brent crude oil went above US$96 (RM402.38) per barrel.
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