JAKARTA (Indonesia Today) – Energy stocks reversed losses in the opening of Monday trading as Nymex crude oil soared 1.8% to US$98.2 per barrel in Asian trading.
China Coal gains 2.32% in Hong Kong, while Sakari Resources advances 0.27% in Singapore. Adaro Energy and Berau Coal Energy gain 2% each in Jakarta, while Bumi Resources advances 1.43%.