Not all doom & gloom for Singapore’s O&G sector if you know where to look

SINGAPORE (Sept 22): OCBC Investment Research is shining the spotlight on certain companies catering to the downstream segment of the troubled oil and gas (O&G) sector, highlighting that they are still going strong, with even a few turning around on the previous years’ negative results.

(See Banks key to survival of O&G companies)

This is because the current oil glut situation has led to a shortage of storage facilities around the world, explains lead analyst Low Pei Han in a Wednesday report.

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