OPEC + chose to maintain their oil supply cuts for the first half of the year, which means that roughly two million barrels a day of output cuts will remain in place until the end of June. This has pushed prices to USD90bbl. Kong Ho Meng, Senior Analyst at Uob Kay Hian Research tells us if these prices are sustainable and what impact it has on the domestic players.

Produced by: Wong Shou Ning

Presented by: Wong Shou Ning, Shazana Mokhtar

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Categories:  markets,  economy

Tags:  oil supply,  oil and gas sector,  output cut,