The positive movement seen in oil prices may not necessarily mean a fundamental recovery to all O&G counters. A selective approach to pick asset-light companies and also avoid highly leveraged-ones is necessary. Kong Ho Meng, Senior Analyst at UOB Kay Hian shares why Bumi Armada is his top pick and outlook for the FPSO sector.

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Tags:  Bumi Armada,  Sapura Kencana,  oil & gas,  crude oil prices,  FPSO,  Market Watch