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)…

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