Singapore’s 32 offshore supply vessels (OSV) stocks have rebounded 17.2% in the year-to-date in tandem with the recent oil price rally.

The ten biggest OSV stocks listed in Singapore have averaged a year-to-date total return of 28.9%, according to figures from the Singapore Exchange (SGX).

“The performances of the ten largest OSV stocks reflect the trend of upstream players being the first to benefit from an oil price recovery,” the SGX said.

“Over