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Saturday, April 25th, 2026
Market UpdatesSingapore SGX stocks

Oil Prices Surge Past $100: Impact on Singapore Stocks, REITs, and O&G Sector – DBS Market Update 12

Posted on March 10, 2026 at 9:34 am (GMT+8)

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Broker Name: DBS
Date of Report: June 2024 (inferred from content and context)

Excerpt from DBS report

Report Summary

  • Crude oil prices have breached USD100/bbl, largely due to Middle East conflicts disrupting oil infrastructure and supply chains.
  • DBS expects oil prices to remain elevated (USD75-80/bbl for 2026), impacting transport stocks (Singapore Airlines, ComfortDelGro) and REITs, while benefiting O&G-related companies (Seatrium, Nam Cheong) and ST Engineering.

above is an excerpt from a report by DBS. Clients of DBS can be the first to access the full report from the DBS website: https://www.dbs.com.sg

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