Oil price fall hits O&G stocks, Ringgit
Oil and gas stocks on Bursa Malaysia took a beating yesterday, led by Petrolium Nasional Bhd (Petronas) related stocks as global oil prices fell to a five-year low of below at 68 dollars per barrel. Petronas Gas and Petronas Dagangan were the top two losers, slipping 7.57 per cent and 8.96 per cent respectively, followed by Petronas Chemical in sixth spot in the losers' list, down 8.88 per cent.
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