Supply Has Been Cut But Oil Prices Still Soft
Sean Lim Ooi Leong, Head of Regional Oil & Gas, RHB Investment Bank
09-Jun-23 07:30
![Supply Has Been Cut But Oil Prices Still Soft](https://bfmcms.s3.ap-southeast-1.amazonaws.com/websiteimages/morning-brief/2023-06-09_petronas-opec-oil-prices-quarterly-earnings-capex-2023/og_38862ccf-f041-4ed0-951b-67af4298ede1.png)
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Opec+ has committed to production cuts till 2024 but yet prices are still soft, we speak to Sean Lim Ooi Leong, Head of Regional Oil & Gas, RHB Investment Bank for the reasons why. We also delve into results of Petronas and their capex plans to know who stands to benefit from it.
Image by: Shutterstock
Produced by: Wong Shou Ning, Yeong Yeng Yee
Presented by: Wong Shou Ning, Mark Tan, Philip See
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Categories: Corporates, markets
Tags: oil market, petronas, opec+,