Alex ah boy don't b stupid

I m not orange

I m ur mother lover

800m for building storage not refinery?

800m for building refinery is too cheap

800m for building storage is too expensive

No transparency lot of uncertainties

Buy Hibiscus better

I so free?

Fxxk u Alex a boy u r nobody

I jz like ur mother body

LONDON: OPEC and its allies appear to have accomplished their mission of bringing global oil stocks to desired levels, the International Energy Agency said on Friday, signalling that the markets could become too tight if supply remains restrained.

The IEA, which coordinates the energy policies of industrialised nations, said global stocks in developed countries could fall to their five-year average - a metric used by OPEC to measure the success of output cuts - as early as May.

“It is not for us to declare on behalf of the Vienna agreement countries that it is ‘mission accomplished’, but if our outlook is accurate, it certainly looks very much like it,” the IEA said in its monthly report.

Vienna-based OPEC has reduced production in tandem with

Russia and other allies since January 2017 to prop up global oil prices, which soared above $70 per barrel this month, giving a new boost to booming U.S. shale oil output.

But as oil production collapsed in OPEC member Venezuela and still faces hiccups in countries such as Libya and Angola, the oil exporter group is producing below its targets, meaning the world needs to use stocks to meet rising demand.

On Thursday, the Organization of the Petroleum Exporting Countries said in its monthly report that oil stocks in the developed world were only 43 million barrels above the latest five-year average. The Paris-based IEA put the figure at just 30 million barrels as of the end of February.

The IEA said that even though non-OPEC output was set to soar by 1.8 million barrels per day this year on higher U.S. production, it was not enough to meet global demand, expected to rise by 1.5 million bpd or around 1.5 percent.

With production declines in Venezuela and Africa, OPEC was producing 31.83 million bpd in March, below the call on its crude for the rest of the year at 32.5 million bpd.

“Our balances show that if OPEC production were constant this year, and if our outlooks for non-OPEC production and oil demand remain unchanged, in 2Q18-4Q18 global stocks could draw by about 0.6 million bpd,” the IEA said.

The figure would represent 0.6 percent of global supply or around half of OPEC’s current production cuts of nearly 1.2 million bpd.

The output-limiting pact runs until the end of the year and OPEC meets in June to decide its next course of action. OPEC’s de facto leader, Saudi Arabia, has said it would like the pact to be extended into 2019.

OPEC Secretary-General Mohammad Barkindo told Reuters on Thursday OPEC and its allies were poised to extend the pact into 2019 even as a global glut of crude was set to evaporate by September. - Reuters

Knn fast n steady

Dayang price jump together w sapnrg w abv announcement

By Bernama - April 11, 2018 @ 2:28pm

KUALA LUMPUR: Sapura Exploration and Production (Sarawak) Inc (Sapura E&P), a wholly-owned subsidiary of Sapura Energy Bhd, will develop the SK408 block comprising the Gorek, Larak, and Bakong gas fields offshore Sarawak together with its partners, Petronas Carigali Sdn Bhd and Sarawak Shell Bhd.

Gorek, Larak, and Bakong gas fields offshore Sarawak

offshore Sarawak

Any new capital expenditure in offshore Sarawak is always good for Dayang n oso Perdana

By Bernama - April 11, 2018 @ 2:28pm

KUALA LUMPUR: Sapura Exploration and Production (Sarawak) Inc (Sapura E&P), a wholly-owned subsidiary of Sapura Energy Bhd, will develop the SK408 block comprising the Gorek, Larak, and Bakong gas fields offshore Sarawak together with its partners, Petronas Carigali Sdn Bhd and Sarawak Shell Bhd.

Gorek, Larak, and Bakong gas fields offshore Sarawak

offshore Sarawak

Any new capital expenditure in offshore Sarawak is always good for Dayang

Trump's bark is worse than his bite

Jz bear in mind

Price targets

DBS Singapore says fair value 1.48

Some from Batam says much higher 2.70

Very obvious n confirmed Hibiscus all good

It is 100% external factors

When market mood good again Hibiscus wil fly

USA vs Russian wil b a long drawn war

Oil prices wil b above usd 70 pricing in big war premium for a long time

For those chicken hearts klse wil not crash b4 9 May

Operator oso working very hard

Bright prospect

Improvement on oil extraction done

Sabah EOR PSC done

OZ Seahorse on standby

Associate co oso ok

Price targets

DBS Singapore says fair value 1.48

Some from Batam says much higher 2.70

Energy leading Dow nowadays O&G in play

Resistant like tauhu nia

No problem

Knn huat ah

First target 1.48 by DBS Singapore

Jump in fast now

Come d ah ahh ahhhhhh

Hibiscus price shd b very much higher thn Sapnrg

Bot oil assets low prices

Selling oil at high prices

No risk of impairment

No bank loans

Sabah EOR PSC done

Price targets

DBS Singapore says fair value 1.48

Some from Batam says much higher 2.70

O&G counters going 1 round Hibiscus time to up soon

*400+ up

Energy lead in Dow 300+ up

Hibiscus is energy

Hibiscus trade war neutral general election neutral

Rewarding shareholders w WC has not failSabah EOR wil not fail

Mother wil feed on daughters

Daughters wil feed on mother

All grow

They Singapore DBS n some in Batam

Orange bro hw is life treating u? Hope u in good health Jz temporary hiccups on ur timings

Hibiscus more thn 1.00 again soon

Sabah EOR if not today oso can't b 30 April Is near

Operator accumulate enough WC d wat u think wil happen?

Whn all here like want to die sold off WC cheap thn WC suddenly fly U say got operator or not?

Knn press mother down only can get WC cheap n accumulate mah aiyo

Last batch WC accumulation by operators

D problem thn always wil b..


Is there anymore impairment to go?

Tis no worries

Weak USD always causes oil prices to go up

My luck closely tie wit ur luck

Now CA CE look like good bet cos I hv bot lol

Now CA CE look like good bet

In Hibiscus dictionary no Impairment no debt

OrlandoOil tak rugi OrlandoOil waiting for opportunities

Unless Ssbah EOR not successful else after WC accumulated enough mother wil go up later

Sapnrg won a big contract last week orange88 n ppl jump in n today ppl came out bone left only n orange88 can't b seen at all Not a good sign for orange88

Now CA CE look like good bet

Orange88 burn in Hibiscus CA n Saperg C64 till mother can't recognised

U stupid early early told u d buy CW after EX




Posted by Mark T Bird > Mar 28, 2018 09:39 AM | Report Abuse

I have to wait, lose a lot in CB, hope this cover my losses

U stupid ah operators wan sapu WC push mother up??



Posted by Mark T Bird > Mar 28, 2018 08:47 AM | Report Abuse

perhaps today they push the mother up

Price targets

DBS Singapore says fair value 1.48

Some from Batam says higher 2.70

If following tis thn 0.305 not high