Hong Leong Investment Bank maintains overweight rating on O&G Sector

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Hong Leong Investment Bank maintains overweight rating on O&G Sector
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KUALA LUMPUR, Nov 6 — Hong Leong Investment Bank (HLIB) maintained its overweight rating on the oil and gas (O&G) sector and expects oil price to remain higher-for-longer at the...

Wake up your tastebuds at Taman United's WenWen Noodle where pickled mustard greens and chillies are in their bowls of noodles

It said the expectation on the oil price would premise on continued production cuts from the Organisation of the Petroleum Exporting Countries to pre-empt a potential lower demand arising from economic risk at least until mid-2024 and heightened geopolitical risk premium as the market factors in the potential escalation of Israel-Gaza conflict in the Middle East region.

 

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