https://www.investing.com/news/commodities-news/opec-sees-stronger-demand-for-oil-in-2017,-raises-u.s.-supply-forecast-453953


OPEC sees stronger demand for oil in 2017, raises U.S. supply forecast

54.24 -1.23 -2.22%
Brent oil market crash.

https://www.investing.com/news/commodities-news/oil-down-over-1-on-u.s.-output-hike-concerns-453943

Oil down over 1% on U.S. output hike concerns

Brent Oil 54.59 -0.88 -1.59%

https://www.investing.com/analysis/oil-price-moves-down:-are-shale-producers-responsible-200172759

Oil Price Moves Down: Are Shale Producers Responsible?

Brent Oil 54.67 -0.80 (-1.44%)

Tomorrow hope can enter at below RM0.50.

Brent Oil 54.75 -0.72 (-1.30%)

Brent Oil 54.97 -0.50 (-0.90%)

Brent Oil 55.15 -0.32 (-0.58%)

55.28 -0.19 (-0.34%)
Brent oil is moving lower and lower. Good for collection tomorrow if Hibiscus goes down.

https://www.investing.com/commodities/brent-oil-streaming-chart

Closed at 0.50 as predicted.

Can the operators make the price stable and not big down big up?

Brent Oil 55.66 (-0.20) (-0.36%)
So tomorrow morning Hibiscus how???

Brent oil
55.73 (-0.13) (-0.23%)
Why???

https://www.investing.com/news/stock-market-news/u.s.-stock-futures-lower-amid-earnings,-digest-trump-and-may-remarks-453595

U.S. stock futures lower amid earnings, digest Trump and May remarks.

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
========================================================================
I give you a 'like'.

Big sharks all the time are around. They were pumping for one month time and now they are dumping.

https://www.investing.com/news/commodities-news/oil-edges-lower-as-focus-on-output-cut-compliance-453384

Oil edges lower as focus on output cut compliance.

izoklse: I hope you are right. There is no more catalyst for oil and gas counter because the output cut only lasts till June and KLSE is now very bearish due to Donald Trump installation due to his uncertain policies.

https://www.investing.com/news/commodities-news/oil-producer-output-cut-accord-unlikely-to-be-extended:-saudi-minister-453350

Oil producer output cut accord unlikely to be extended: Saudi minister

Even though the **someone* keyed in selling at 250,00 shares at 0.38, he will still get to sell at the price of 0.45.

Closed at 0.45.

0.45 all bombed.

Installation of US president Donald Trump on 20/1/2017. Uncertainty on his policy affect sentiment.

Brent oil: 55.23 (-0.22) -0.40%

OK 4 pm now. Any forced selling?

Oil and gas anti climax now. Brent oil unchanged now at USD55.45. No more further catalyst.

I guess today will close at 0.47.

Taking the range 30 sen to 55 sen, 50% Fibonacci retracement is the midpoint, i.e. 41.5 sen.

Installation of US president Donald Trump on 20/1/2017 may not be a good thing due to the uncertainties of his policies.

Traders are buying and selling Hibiscus in millions of shares. Even a one sen drop can lose RM10,000 if one is holding 1,000,000 shares. Next week trading is no joke.

Just afraid after pumping and dumping, it is abandoned.

An evening star is a bearish candlestick pattern consisting of three candles that have demonstrated the following characteristics: the first bar is a large white candlestick located within an uptrend; the middle bar is a small-bodied candle, red or white, that closes above the first white bar; and, the last bar is a large red candle that opens below the middle candle and closes near the center of the first bar's body. This pattern is used by traders as an early indication the uptrend is about to reverse.

Read more: Evening Star Definition | Investopedia http://www.investopedia.com/terms/e/eveningstar.asp#ixzz4VdAcgfxN
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Wow RM0.490 becomes seller's queue.

Wow! Really! IFCA one straight line down.

Strong support now at RM0.510. Don't think it will drop below RM0.50 unless what Calvin Tan said is true (making a loss).

You mean the musical chair music has really stopped at TM0.55?

Can drop below RM0.50 meh. I don't think so.

Is RM0.55 is when the music stops in a musical chair game???

Foolish Calvin Tan, if Hibiscus is so bad, how can it goes up 20 sen from RM0.30 to RM0.50.

At 3:30 am, DJIA rockets up 245 points but sadly, Brent Crude Oil is at USD53.05 (down 88 cents). Still need to wait for the Opec and Non Opec meeting this Saturday.

I did not simply choose Hibiscus. I chose it based on its three consecutive quarters rise of net profit.

http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=V&securityCode=5199

Everyday I pray to God that oil and gas can be the next theme play for the year 2017. This sector has suffered too long. It is time to change fortune.

Just now at 22:30, WTI Crude touched a low of USD50.12 and Brent Crude Oil touch a low of USD53.20. I hope this is the base already.

But next Wednesday got Federal Reserve meeting to raise interest rate.

"Russia and other non-OPEC are due to meet this weekend with OPEC on a proposed 600,000 b/d cut."

I hope this can be the next catalyst.

Why Brent Oil and WTI Crude Oil everyday also drop? Hibiscus already drops for two days. Please wake up oil and gas stocks. I am targeting Hibiscus to reach 70 sen.

Hope 30 sen can hold tomorrow. US stocks are mixed on Wall Street as oil price slumps.

I am waiting for the outcome of the Opec and Non Opec meeting in Vienna on 10 December 2016.

Oil tops $55 for first time in 16 months as OPEC deal fuels buying
www.cnbc.com/2016/12/04/oil-prices-fall-as-production-creeps-up-ahead-of-announced-2017-output-cut.html

Brent crude oil prices rose above $55 a barrel on Monday, trading at a fresh 16-month high, as optimism spread about the prospect of a tightening market after OPEC members agreed on a landmark deal to cut production last week.

Iran's oil minister to attend OPEC, non-OPEC meeting in Vienna: SHANA

http://www.reuters.com/article/us-opec-meeting-iran-idUSKBN13U16M