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Rebound in Singapore’s Ezra Holdings Seen to Be Fleeting Amid Oil Industry Woes

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Photo credit: Erza HoldingsBy Jonathan Burgos (Bloomberg) — Ezra Holdings Ltd. is leading a rebound among Singapore oil-services providers this month, after bearish bets pushed the company’s shares to all-time lows. The rally will be short-lived amid deepening financial distress in the industry, analysts say. Ezra has surged more than 40 percent in September, and oil-related companies including Ezion […]

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