TA Securities has recently issued a 'buy' call on UMW Oil and Gas at 80 sen per share. Abel also shares his outlook on oil prices, and what that means for the upstream services provider.

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Tags:  Buy Call,  TA Securities,  UMW-OG,  fleet utilisation rate,  NAGA 1,  earnings,  ORKIM,  ICON,  rigs,  Petronas contracts,  oil production cut,  oil prices outlook,  production well,  Economy, Markets