FortuneBlooming, S&P is just abusing their reputation as global corporate consultants to downgrade oil on behalf of Donald Trump. Probably getting paid by the White House to do that kind of dirty work. How unprofessional. How disgusting too.

Bloomberg - Markets

OPEC Output Falls Most in Almost Two Years as Saudi Cuts Begin

By Grant Smith

January 3, 2019, 1:24 AM GMT+8 Updated on January 3, 2019, 8:01 AM GMT+8

https://www.bloomberg.com/news/articles/2019-01-02/opec-output-falls-most-in-almost-two-years-as-saudis-begin-cuts

Bloomberg - Economics

Apple’s China Trouble Makes Trump’s Trade War Harder to Defend

By Andrew Mayeda and Jenny Leonard

January 3, 2019, 8:00 AM GMT+8 Updated on January 3, 2019, 12:58 PM GMT+8

https://www.bloomberg.com/news/articles/2019-01-03/trump-s-trade-war-advantage-slips-as-apple-cites-china-slowdown

If siput know everything to absolute 100% certainty, then all siput will be multi-billionaire.

Why so negative

When Perdana peaking @21, 5% up. When Hibiscus peaking @85, only 2.41% up.

Post removed.Why?

Donld gets what Donald wants? Ha ha. Sounds like a true spoilt brat.

And you must be a true Donald fanboy, Mr. IceCool. Or, probably more like, fawnboy. Not sure if you're still living on the right planet, either. Kid.

His immensely upstanding Defence Secretary has just resigned, and his own presidency is now in jeopardy. While he himself is now getting closer & closer to impeachment.

Nope. They don't die. They just close shop at 50, then open again maybe at 55 or 60.

Brent quite likely breaching 63 come January

PH gov can only kill construction sector, but not O&G sector.

Brent breaching 63 come January

Come New Year, Brent could be breaching 63.

Dude. Go take a walk & promote your auto sector stock somewhere else, man.

Anyways, come February, the likelihood of Brent going 70 is much higher than that of it going 50, I reckon.

LOL. Okay, Contrarian. BTW, it's Bonnie Tyler, not Roxette. Memory slip.

TheContrarian, I'd like to recommend this one very nice song to you. By Roxette. It's called 'Listen to Your Heart'. Might go some way toward helping you out.

Brent every time pushed down, always start quickly fighting back like a real man. Reach needs to learn from Brent. Big time.

Moneymore, when I said O&G is good, does not mean that any each & every frekkin O&G stock is fantastic. You have to do your own studying, researching & analysing, before picking & chhoosing. I thought that shud hv been quite obvious & understood.

Post removed.Why?

Bloomberg - Markets

OPEC Sends Oil Prices Higher, Defying Trump With Big Output Cut

By Nayla Razzouk, Grant Smith, and Fred Pals

8 December 2018, 01:58 GMT+8

https://www.bloomberg.com/news/articles/2018-12-07/opec-sends-oil-prices-higher-defying-trump-with-big-output-cut

Just bear with it a while more, fellas. Perdana's time will come.

The advantage with O&G is that it is relatively much more independent of our local domestic politics. Unlike in construction sector, where you crack your head until near explode, and you still can't figure out which company is going to get what big job & where. Even something as big as Gamuda is not free from govt interference.

Plus also, info about O&G is abundant on the Net. You just need to spend time surfing around.

Of course you hv to put in the effort. Lots & lots of it. No such thing as a free lunch in this Universe. And monitoring oil price is an important part of that effort. Plus also keeping in close touch with all latest developments, including what happens in Saudi, at OPEC & non-OPEC, Trump's latest tweets etc. etc. etc.

Nothing in the market is within your control. But how you respond, fast or slow, delayed or immediate, now THAT is within your control.

From my own personal experience, especially in current conditions, I feel that it is indeed much, much easier to choose & play a O&G stock than a construction stock.

Not promoting anything, but if Hibby does hit 1.75, then one's heart just starts to flap & flutter wondering where Perdana is gonna go. Umm, 50 wud be a thought. Or possibly 60.

OMG, OMG, OMG. I'm gonna hit the stratosphere, man.

LOL. Robert Mueller is certainly shaping up into Trump's worst nightmare, for sure.

Dexeric, be a bit more optimistic. Brent has already breached 63 several times in these last few days.

Brent 65 is not a target for 'within these few months time'. It is going to be broken quite likely by Christmas, if not earlier.

Fukk Donald Trump. He can go to hell.

OPEC & OPEC Partners (i.e. Russia etc.) agreed to remove 1.2 million barrels a day from the market, with OPEC itself shouldering 800,000 barrels of the burden. Iran emerged as a winner from the contentious talks, saying it’s secured an exemption from cuts as it suffers the effects of U.S. sanctions.

Bloomberg - Markets

OPEC Agrees on Larger-Than-Expected Cut After Marathon Talks

By Javier Blas , Elena Mazneva , and Grant Smith

December 7, 2018, 9:48 PM GMT+8 Updated on December 7, 2018, 11:28 PM GMT+8

https://www.bloomberg.com/news/articles/2018-12-07/opec-said-to-agree-larger-than-expected-output-cut-with-allies

Tak boleh pakai lah, ini PH govt. Sumua pun bullshit cakap juga.

Cannot manage economy, cannot administer govt properly. Finance minister cannot focus, sleep soundly even during Parliament sitting. Day & night merely badmouthing previous govt only, no original creativity of their own. While they themselves do not have the foggiest clue about how to properly run the country.

Well, what can you do, panic monkeys will always be what they are. Panic monkeys.

It's just the way they are. They will never change. They can't. They just can't.

Shut up & stop crying, FlyingHorse. You're spoiling the forum mood.

Brent playing around 63 again

Fantastic. If Brent goes up anywhere near 70 again, I'm going to make a big killing with my Perdana. As for Reach, I'm still keeping some also.

Post removed.Why?

Blooberg - Economics

‘Tariff Man’ Trump Says He May Extend Truce in China Trade War

By Terrence Dopp, Laura Curtis, and Shawn Donnan

4 December 2018, 22:27 GMT+8 Updated on 5 December 2018, 00:34 GMT+8

https://www.bloomberg.com/news/articles/2018-12-04/kudlow-walks-back-trump-tweet-announcing-car-deal-with-china

But if Trump gets thrown out, US economy will get a chance to recover much faster.

Naah, KLSE won't collapse just becos DJ flips 600+ points. Bursa Malaysia is not that fragile.

Uh huh. Some Reach guys in here too LOL.

OilPrice.com

Russia’s Oil Production Dips As Possible Production Cuts Near

By Julianne Geiger - Dec 04, 2018, 3:00 AM CST

https://oilprice.com/Latest-Energy-News/World-News/Russias-Oil-Production-Dips-As-Possible-Production-Cuts-Near.html

Aah. I see. Our friend Mr. TheSpeculatorsTheSpeculators cannot even go to sleep now. So excited has he become.

http://www.theedgemarkets.com/article/malaysia-decide-oil-production-cut-tomorrow-says-azmin

Malaysia to decide on oil production cut on Thursday, says Azmin

KUALA LUMPUR (Dec 3): Malaysia will announce after a ministerial meeting with the Organisation of Petroleum Exporting Countries (OPEC) on Thursday whether it will continue to cut oil production by 20,000 barrels per day beyond 2018, said Economic Affairs Minister Datuk Seri Mohamed Azmin Ali.

He said the decision will be announced at the meeting, which will also be attended by non-OPEC ministers, in Vienna, Austria, on Thursday.

http://www.theedgemarkets.com/article/malaysia-decide-oil-production-cut-tomorrow-says-azmin

So, where has that wise-arse T800Terminator dude gone now then, one wonders. He was in here, screaming 17.5 non-stop when Perdana looked like struggling a little. Now that Perdana is picking up & going strong again, he's absolutely nowhere to be seen.

Hah. Hah. Hah. Looks like he has just missed the boat again. As usual.

Yay!!!

Wow. Looks like everybody is now up & out on the offensive against Donald Trump.

Good. High time for everybody to stand up together to show that perennially bullshitting dickhead thug that he does NOT own the whole bloody planet.

LOL, RunBull. We'll nominate & elect Mr. SaveMsiaFromPHGov for PM in GE15 then.

Trump has got only two years left. While his position has become substantially weaker with Republican loss at Senate. By 2019, he is going to be a lame duck. If he does not get impeached even sooner than that.

He is doing all kinds of crazy things now, becos he is struggling to remain relevant.

There is going to be no 'crisis'. The only 'crisis' there is right now, is US-China trade war. And that one is gradually coming to a resolution.