PETALING JAYA: Elevated crude oil prices bode well for the recovery of the local oil and gas (O&G) sector.
This is also supported by expectations of higher capital expenditures (capex) and operating expenditures (opex) from fresh produce companies, analysts say.
According to RHB Research, maintenance-related players would likely recover faster than manufacturers as Petroliam Nasional Bhd (PETRONAS)…
