Brent most probably will close high today. Hold tight

Petronas retenders back Limbayong fpso project. Believed Armada bidding for this contract also...good news

Wow! Good luck to you Dr Jones. Send my regards to Steven Spielberg..

Walaoeh!! Brent back on feet.

As oil prices hit multi-year highs, some speculative traders are betting on the options market that oil could exceed $100 a barrel by the end of this year and even reach a record $200 per barrel by the end of 2022.

Call options give traders the right—but not the obligation—to buy assets at a certain price, the so-called strike price, by a certain date.

The amounts of call options at triple-digit strikes have soared in recent weeks, suggesting that more speculative traders are attracted by potential quick profits from options trades, which are relatively low-cost ways to speculate on the direction of an asset.

Some “wild” bets such as call options at a $100 per barrel WTI Crude strike by December 2021 or $200 per barrel Brent Crude by December 2022 have been placed in recent weeks, The Wall Street Journal reports, citing data from provider QuikStrike.

As oil prices hit multi-year highs, some speculative traders are betting on the options market that oil could exceed $100 a barrel by the end of this year and even reach a record $200 per barrel by the end of 2022.

Call options give traders the right—but not the obligation—to buy assets at a certain price, the so-called strike price, by a certain date.

The amounts of call options at triple-digit strikes have soared in recent weeks, suggesting that more speculative traders are attracted by potential quick profits from options trades, which are relatively low-cost ways to speculate on the direction of an asset.

Some “wild” bets such as call options at a $100 per barrel WTI Crude strike by December 2021 or $200 per barrel Brent Crude by December 2022 have been placed in recent weeks, The Wall Street Journal reports, citing data from provider QuikStrike.

https://www.thestar.com.my/business/business-news/2021/10/19/petronas-sees-rm20bil-annual-capex-for-upstream

https://www.klsescreener.com/v2/news/view/897205/%E6%B2%B9%E4%BB%B7%E8%8B%A5%E7%A0%B488-%E4%B8%8A%E6%8E%A2100%E7%BE%8E%E5%85%83-%E6%B2%B9%E6%B0%94%E4%B8%9A%E9%80%89%E8%82%A1%E4%B8%8D%E9%80%89%E5%B8%82

Target raised from 0.19 to 0.20c. Oil price 100 is seems reality.

https://www.klsescreener.com/v2/news/view/897205/%E6%B2%B9%E4%BB%B7%E8%8B%A5%E7%A0%B488-%E4%B8%8A%E6%8E%A2100%E7%BE%8E%E5%85%83-%E6%B2%B9%E6%B0%94%E4%B8%9A%E9%80%89%E8%82%A1%E4%B8%8D%E9%80%89%E5%B8%82


Oil price 100 is not a joke but reality. Malaysia will fully open the boarder for tourism start 1st December and also simultaneously by other countries.

Sustain strong unchange. Not like previously.

Relax cool.

EU Natural Gas Rallies 9% Above €100
European gas prices surged 9% to above 100 euros a megawatt-hour, after a pipeline capacity auction held on Monday showed no increase in supplies from Russia either through the Ukrainian pipeline or lines passing through Poland to northwest Europe. Gazprom's data also showed its gas exports declined in the first half of October from the same period in September. The natural gas market took a breath from a record high of 162.125 hit on October 5th after President Vladimir Putin signaled Russia would help Europe to grapple sky-high energy prices by delivering more via Ukraine. Gas prices are up more than 400% so far this year, amid a strong rebound in demand and reduced inventories ahead of the winter season. At the same time, heating demand is expected to increase due to forecasts of below-normal temperatures while wind generation is set to drop.

Heating oil Hits 7-year High
Heating oil futures skyrocketed to $2.6 a gallon, the highest since October 2014, tracking other energy markets higher and are expected to hit household finances as the weather turns colder. Less than 12 million American households rely on heating oil and are concentrated in the US Northeast. Heating oil costs are seen rising 54% from last winter, according to the EIA. Last week, the EIA Petroleum Status Report showed US heating oil inventories increased 0.267 million barrels in the week ending October 8th. Distillate stockpiles, which include diesel and heating oil, went down 0.024 million barrels last week, less than market expectations of a 0.933 million decrease.

90 coming OTW

Brent usd 85+ now..

Walaoeh! Brent trade at usd 0.85+

0.20 mari

Walaoeh!! 0.165 now

Velesto in potential now to shine. They just need to show consecutive qtr profit and give assurance to big institutional players like EPF, Amanah & IB to con't buying like what happened in 2019. Looking forward for good results in up coming qtr and based on the contract awarded + amount of the contracts, I think that's possible now. We just need to be patience until the time is come...pretty soon.

0.80 tak blh kah. 0.80 lagi syiok.

Walaoeh!! 0.60 kah banyak syiok!!!

Pretty soon oil will hit usd 100. Hang on

Walaoeh! Brent touched usd 85

Come on Vele apa tunggu lagi...oil sdh usd84....

Santai dulu...

0il should break usd 85 first and to secure strong position.

2nd half most probably will spike up again..

Meow

Wow! Closed green. Hope tomorrow another spike up.

Most probably oil will break usd 85 by this week...walaoeh!!

Why oil price increase drastically?
Whose fault?

In my opinion I think Joe Biden to blame beside opec+ refused to increase output. During the presidential running he (Joe Biden) firmly promised for green energy transaction but seems his vision failed. This give tremendous impact to USA shale producers. Now world facing energy crisis, shortage of crude oil and coal. Whatsoever winter is approaching fast in other side. Who is the rescuer.....fossil fuel.

Most probably oil will break usd 85 by this week...walaoeh!!

0.50 break ready darling Marble..next what, 0.55?

Walaoeh! Oil usd 83 now..

By see the trend Vele rising slowly. Very climb 0.005c. Slow and steady. Go Velesto

Velesto moving fast today. Volume increase don't miss out this opportunity...

Walaoeh!

PUTRAJAYA: Kerajaan bersetuju untuk membenarkan rakyat Malaysia yang lengkap dua dos vaksinasi melakukan perjalanan ke luar negara tanpa melalui MyTravelPass Jabatan Imigresen Malaysia (JIM).
Perdana Menteri, Datuk Seri Ismail Sabri Yaakob berkata, kebenaran itu sekali gus menyaksikan semua rakyat Malaysia boleh ke luar negara termasuk untuk aktiviti pelancongan.

PUTRAJAYA: Kerajaan bersetuju untuk membenarkan rakyat Malaysia yang lengkap dua dos vaksinasi melakukan perjalanan ke luar negara tanpa melalui MyTravelPass Jabatan Imigresen Malaysia (JIM).
Perdana Menteri, Datuk Seri Ismail Sabri Yaakob berkata, kebenaran itu sekali gus menyaksikan semua rakyat Malaysia boleh ke luar negara termasuk untuk aktiviti pelancongan.

Armada not depend on Petronas tender. Check the past history how many times Armada bid for Petronas tender. If they get Limbayong contract then consider another additional bonus point for us if not... no worries cool chill

Akhirnya! 11 Okt dah boleh rentas negeri
Hasimi Muhamad
Oktober 10, 2021 15:19 MYT
Akhirnya! 11 Okt dah boleh rentas negeri
Menurut Perdana Menteri, kebenaran itu diberikan selepas kadar vaksinasi individu dewasa yang lengkap menerima vaksin telah mencapai 90 peratus pada Ahad. - Gambar fail
PUTRAJAYA: Rentas negeri akhirnya dibenarkan berkuat kuasa pada 11 Oktober selepas hampir sembilan bulan kerajaan melarang aktiviti tersebut susulan penularan pandemik COVID-19.
Berita gembira itu diumumkan oleh Perdana Menteri, Datuk Seri Ismail Sabri Yaakob dalam Sidang Media Khas di Bangunan Perdana Putra, termasuk kebenaran untuk pulang ke kampung halaman.
Menurut Perdana Menteri, kebenaran itu diberikan selepas kadar vaksinasi individu dewasa yang lengkap menerima vaksin telah mencapai 90 peratus pada Ahad.

Akhirnya! 11 Okt dah boleh rentas negeri
Hasimi Muhamad
Oktober 10, 2021 15:19 MYT
Akhirnya! 11 Okt dah boleh rentas negeri
Menurut Perdana Menteri, kebenaran itu diberikan selepas kadar vaksinasi individu dewasa yang lengkap menerima vaksin telah mencapai 90 peratus pada Ahad. - Gambar fail
PUTRAJAYA: Rentas negeri akhirnya dibenarkan berkuat kuasa pada 11 Oktober selepas hampir sembilan bulan kerajaan melarang aktiviti tersebut susulan penularan pandemik COVID-19.
Berita gembira itu diumumkan oleh Perdana Menteri, Datuk Seri Ismail Sabri Yaakob dalam Sidang Media Khas di Bangunan Perdana Putra, termasuk kebenaran untuk pulang ke kampung halaman.
Menurut Perdana Menteri, kebenaran itu diberikan selepas kadar vaksinasi individu dewasa yang lengkap menerima vaksin telah mencapai 90 peratus pada Ahad.

Buckle up your seatbelt...Vele coming soon!!!

KUALA LUMPUR, Oct 9 — Malaysians, especially tourism industry players, are holding their breath for the government’s announcement on the lift of the interstate travel restrictions which is expected anytime soon.


Yesterday, Prime Minister Datuk Seri Ismail Sabri Yaakob was reported as saying that interstate movement would be allowed nationwide after 90 per cent of the adult population have received their complete Covid-19 vaccination.

SINGAPURA: Singapura menambah lapan lagi negara dalam senarai koridor perjalanan vaksinasi yang membenarkan individu lengkap vaksinasi COVID-19 memasuki republik itu tanpa menjalani kuarantin.
Bermula 19 Oktober, pelancong yang sudah melengkapkan suntikan vaksin dari Kanada, Denmark, Perancis, Itali, Belanda, Sepanyol, United Kingdom dan Amerika Syarikat dibenarkan memasuki Singapura melalui inisiatif koridor berkenaan.
Pengumuman tersebut dibuat oleh Lembaga Penerbangan Awam Singapura (CAAS) hari ini selepas pelan koridor tersebut diumumkan bulan lepas membabitkan dua negara, Brunei dan Jerman, manakala Korea Selatan pula diumumkan semalam.

KUALA LUMPUR, Oct 9 — Malaysians, especially tourism industry players, are holding their breath for the government’s announcement on the lift of the interstate travel restrictions which is expected anytime soon.


Yesterday, Prime Minister Datuk Seri Ismail Sabri Yaakob was reported as saying that interstate movement would be allowed nationwide after 90 per cent of the adult population have received their complete Covid-19 vaccination.

Buckle up your seatbelt...another spike up coming soon!!

Walaoeh!!!!

SINGAPURA: Singapura menambah lapan lagi negara dalam senarai koridor perjalanan vaksinasi yang membenarkan individu lengkap vaksinasi COVID-19 memasuki republik itu tanpa menjalani kuarantin.
Bermula 19 Oktober, pelancong yang sudah melengkapkan suntikan vaksin dari Kanada, Denmark, Perancis, Itali, Belanda, Sepanyol, United Kingdom dan Amerika Syarikat dibenarkan memasuki Singapura melalui inisiatif koridor berkenaan.
Pengumuman tersebut dibuat oleh Lembaga Penerbangan Awam Singapura (CAAS) hari ini selepas pelan koridor tersebut diumumkan bulan lepas membabitkan dua negara, Brunei dan Jerman, manakala Korea Selatan pula diumumkan semalam.

Oh yeah!!!

0.30 sure but need big institutional to join in and that not far away now. Patience....

Walaoeh! Velesto sdh bangun. Go go Vele

Walaoeh! Brent strikes back. Bumi ku Armada hijau green
Meeoooooow! Marble going to break 50....

https://youtu.be/YB4j4gEbv_U