Triyards Holdings

offshore oil rig

Singapore offshore stocks up on oil price jump, bullish outlook

SINGAPORE (May 17): Singapore offshore stocks are moving up, with rig builder Sembcorp Marine leading the pack. The stock is up 7.8% to $1.64 apiece at 3.30pm from its closing the previous day, followed by its peer Keppel Corporation, which is up 5.4% to

CIMB says oil services firms may stay in the doldrums

SINGAPORE (June 5): Oil services companies don't think better days are round the corner although global crude oil prices have firmed up recently, CIMB says in a note.
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