Oil's Slide Hits Shares of Singapore Rigbuilders -- Market Talk
26 Mai 2017 - 6:44AM
Dow Jones News
0414 GMT - The world's biggest oil-rig builders, both listed in
Singapore, are down in the wake of oil's post-OPEC pullback. Shares
of Singapore firms which support the offshore-oil industry are
usually hit when crude prices fall amid concerns that explorers and
producers will cut back on capital spending. Sembcorp Marine
(S51.SG) and Keppel (BN4.SG) are both down 0.9% today but remain up
for the month. (gaurav.raghuvanshi@wsj.com)
(END) Dow Jones Newswires
May 26, 2017 00:29 ET (04:29 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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