We could possibly see a slight reversal coming Monday

With Brent oil hits above US$60 in this year, 2015, and the number of oil drilling rigs fell this week to it’s lowest since August 2011, we could see a slight reversal coming week. However, this might be just a short term rebound as market is still cautious of the Greece issue and long term oil price. Moreover, we are in the festive period now, whereby market will usually be slow.

Here are some counters we can look out for:

EzionPacific Radiance

Pacific RadianceEzion

Sembcorp MarineSembcorp Marine

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