At 3:09 pm Hibiscus looks bad at RM0.465. Might test RM0.455 again on Thursday or Friday.

How to go up if every Wednesday got US crude stock report, every Thursday got inventory report and every Friday got rig count report. All the reports sure bad for oil price.

Every week also like this on Wednesday, Thursday and Friday.

https://www.investing.com/news/commodities-news/crude-mixed-in-asia-as-api-figures-curb-output-cut-enthusiasm-455455

Crude mixed in Asia as API figures curb output cut enthusiasm.

American Petroleum Institute stockpile data are due out later in the session.
These will be followed Wednesday by official Energy Information Administration inventory figures.

If every week got such reports, sure the oil price will drop. Why refer to USA stockpile, inventory and rig counts only? What about in countries out of USA?

https://www.investing.com/news/commodities-news/oil-firms-as-focus-returns-to-output-cut-compliance-455296

Oil firms as focus returns to output cut compliance.

Brent Oil 55.66 +0.43 +0.78%

Brent oil recovers from (-0.10) just now.

Brent Oil 55.22 -0.01 -0.02%

Brent oil drops again due to the strength of the US dollar.

Franklim1989: No any news now. Oil price shooting up only. Tonight UK court decide, tomorrow morning will know.
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Tonight UK court decide what???

fa8888: Still can buy now at 0.48.

Today managed to closed at RM0.48. Brent oil now at USD55.52. See tonight how?

https://www.investing.com/news/commodities-news/oil-regains-strength-as-markets-shift-focus-back-to-output-cuts-455206

Oil regains strength as markets shift focus back to output cuts.

RM0.475 temporary all eaten up.

Brent Oil 55.73 +0.50 (+0.91%)
Wow! This is temporary good. Maybe Hibiscus can close at RM0.475 today.

It's 4:00 pm now. Today no T+3 forced selling. Only natural trading.

Still got one and a half hours to go. Don't know 0.47 can hold or not.

Bulls and bears fighting very hard at RM0.475.

Brent Oil 55.58 +0.35

Brent oil is stable but Hibiscus so many people impatiently want to sell.

https://www.investing.com/news/commodities-news/crude-rebounds-in-asia-as-weaker-dollar-aids-sentiment-455172

Crude rebounds in Asia as weaker dollar aids sentiment.

What is the point OPEC and non-OPEC countries cut output but US increase output. Like that Brent oil price can easily drop back to below USD50. Disappointed. Fortunately I bought a little bit only and did not sailang.

https://www.investing.com/news/commodities-news/oil-falls-on-u.s.-rig-count-jump-455010

Oil falls on U.S. rig count jump.

Hibiscus will slowly go back to RM0.30.

Got to keep very very long before something big positive happens. Might retrace back to RM0.40 before going up again.

Today closed at RM0.465, only a rise of RM0.005. Yesterday I thought it can go up by RM0.04 today. Way below expectation.

Today is T + 3 of last Wednesday surge. Many are contra selling at a lost.

Monday queue at RM0.47 (1 sen premium) see whether can match buy or not. Today I queue at RM0.45 bought nothing.

https://www.investing.com/news/commodities-news/oil-up-1-after-china-gdp-data,-rig-count-ahead-454605

Oil up 2% after China GDP data, rig count ahead.

Brent Oil 55.45 +1.29 (+2.38%)
Wow! Can it sustain?

Brent Oil 55.02 +0.86

Brent oil temporary reclaim USD55 territory.

https://www.investing.com/news/stock-market-news/top-5-things-to-know-in-the-market-on-friday-454572

Top 5 Things to Know In the Market on Friday

This weekend market participants will also be looking for any clues on the landmark agreement among major oil producers to cut production by nearly 1.8 million barrels per day.

Really there is a meeting among oil producers this Sunday.

https://www.investing.com/news/forex-news/dollar-weakens-after-yellen-remarks-454533

Dollar weakens after Yellen remarks

lee77 Heavy selling at closing price.
May be drop again on next Monday..I guess
20/01/2017 17:01
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Since he/she has sold 30444,00 shares just now, he has no more shares to sell on Monday. So I think Monday will not be affected.

Closed at RM0.46.

Today is T+3 of Tuesday's surge. Still holding on very well.

UMWOG down 17.5% due to multiple acquisitions.

Hibiscus no more no 1 active. Good. Stable.

https://www.investing.com/news/commodities-news/wti-oil-futures-pare-gains-after-surprise-crude-inventory-build-454353

WTI oil futures pare gains after surprise crude inventory build.

Next month results is for Oct, Nov and Dec 2016. Brent oil is only above USD50 end of December. So not much contribution.

https://www.investing.com/news/commodities-news/oil-higher-ahead-of-u.s.-official-stockpile-data-454306

Oil higher ahead of U.S. official stockpile data.

https://www.investing.com/news/economy-news/top-5-things-to-know-in-the-market-on-thursday-454242

Top 5 Things to Know in the Market on Thursday.

Will close at RM0.465.

Brent Oil 54.67 +0.75 +1.39%

Manage to buy my first batch at RM0.46.

54.44 +0.52 +0.96%
Brent oil stabilize at USD54.44.

Tomorrow is T+3 of Tuesday's surge.

The petroleum markets have turned lower again in Wednesday trade amid talk that higher oil prices will translate into additional U.S. shale-oil production as a counter-balance to OPEC efforts to trim supply and reduce excess inventories

https://www.investing.com/news/commodities-news/u.s.-crude-settles-lower-on-wednesday-454077

So how can the oil prices go up further?

3. Profit before tax: RM 7.48M (after tax can be ignored due to accounting tricks)

So Hibiscus is a stone.

55.09 -0.38 (-0.69%)
A surprise big rebound in Brent oil.

Good night. Tomorrow continue.

John Lu: I no worry at all
If 42c I add
If 40c I add more
If 35c I add more and more
If 30c I will add more and more and more
If 25c I will sailang
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Follow this guidance.

https://www.investing.com/news/commodities-news/oil-tumbles-to-1-week-low-after-iea-warns-of-boost-to-u.s.-output-453978

Oil tumbles to 1-week low after IEA warns of boost to U.S. output.

Brent Oil 54.49 -0.98 -1.77%
Brent oil recovers slightly.