I said it will one line up then one line down then gradually down to reflect the demand glut.

so dj will likely close red becoz of oil company stock will down.

u can c later one line go up then one line go down...then slowly drop over time becoz of demand issue.

i can tell u most stock now can give almost same return, but gives very diffferent risk tolerance.

ahbah..last 2 wks.. iam calculating which stock give me the highes return. Now i am counting which lower risk...u know the difference?

more n more fund hav been withdrawn from market... no more liquidity. now price supported by lock down retailers.

klse reversing...i will take profit. gloves still good. but these 2 days very risky.

Better sell while u can...us will not cut with opec...n russia say natural cut due to lower demand is not considered cut.so think no deal now.

sooner or later the oil n gas money will flow into gloves....otherwise so much money hold for wat.

but many things will happen so hav to watch careful...

TA n FA says break2.00 this mth or nex...so i bot lo...ppl say wait til 1.3, 1.4 ,1.5...so i bot all at 1.6.

i bot supermx

i din dump glove counter ah...???? i dump o&g ..lol

o&G 1st leg up is almost done...waiting for it to slide down nafter opec meeting. then think of reenter when price good.

i hav dump all my o&g n move into glove already....those still buying o&g is very high risk.

if oil is tanking aramco price is 1st indicator coz it is open now. expecting gap down but still holding nice, instead it jump up.

look at aramco price ...still green..no limit down...lol

saudi n russia cannot win us. trump will do anything if he gone crazy.

if saudi bankrupt us shalre...trump will 1.tariff 2.nopec. 3.withdraw army from saudi oilfield. 4.war breakout in middle east. 5.saudi change regime. 6.oil willspike up.

https://www.channelnewsasia.com/news/business/trump-says-if-he-has-to-put-tariffs-on-oil-imports-to-protect-energy-workers-he-will-12610636

Trump say he will put tariff on oil....so no more price war...u cannot pump n sell below 20 to us anymore so the price war willbe over.

ok...somemore good news..plant based vaccine mass produce by june. if true..hibisucs bak to rm1 by jun. fresh from BAT.

https://www.telegraph.co.uk/business/2020/04/01/cigarette-maker-claims-coronavirus-vaccine-breakthrough/

putin say if u dun act now...price will spike infuture...becoz no investment n, cut production, when demand bak to normal..u hav only 80% productiion caps... how then..wanna ramp up also need many months....

https://www.voanews.com/economy-business/putin-urges-action-challenging-energy-market

Putin said that both oil producers and consumers should find a solution that would improve the "challenging" situation of global oil markets.
He also said if investments into the oil sector fell, oil prices would be sure to spike, something he said "no one needs."
"That's why we, together with the main producers and consumers, should work out such decisions, which would mitigate the situation on the market on the whole," Putin said, according to the readout of the meeting.

WASHINGTON (UrduPoint News / Sputnik - 02nd April, 2020) US President Donald Trump said that he knows how to solve the oil price crisis if Russia and Saudi Arabia fail to negotiate a deal.
"They are negotiating, they are talking. And I think they will come up with something.
If they are unable to solve it, than I think I know what to do to solve it," Trump said at a White House briefing on Wednesday. "We don't want to lose our great oil companies. I want to get this industry back to where it was."

pls sell down to 0.20 , im waiting to in another million

It is believed that Trump will discuss a variety of possible solutions with the company heads, including a tariff on Saudi Arabian oil and a waiver that would allow non-American ships to transport goods, such as oil, between two U.S. ports, according to the Journal.

Overnight Energy: Democrats push green measures in next stimulus |...Trump warns Iran of 'very heavy price' if there's 'sneak attack' on...

The waiver would allow oil from the Gulf Coast to be shipped to both the East and West coasts, which have been deluged with oil from Saudi Arabia.

The Journal reports that such waivers typically run for about 10 days and have been used by the federal government before during emergency situations.

https://thehill.com/homenews/administration/490668-trump-to-meet-with-oil-industry-ceos-amid-price-drop

I will add more on dip .

when top 3 formed alliance. its a super cartel n they dictate the price. they will cut production to meet demand n price will reach equilibrium. 20- 30 no more......40 is norm.

now u know why saudi n russia wanna price war...their ultimate motive is to get us to cut with them so that they will not lose market share. when top 3 producer cut production together then the price will rally.

WASHINGTON (Reuters) - U.S. President Donald Trump said on Tuesday he would join Saudi Arabia and Russia, if need be, for talks about the sharp fall in oil prices resulting from a price war between the two countries.
“The two countries are discussing it and I am joining at the appropriate time if need be,” Trump told reporters at the White House, adding that he had had “great” talks in separate conversations with Saudi Crown Prince Mohammed bin Salman and Russian President Vladimir Putin.

12 mths ago if ppl say oil will reach 20 also ppl say not until u die.

Y cannot reach 100?

if oil drop to 7 man I will b happy will add million buying n reap 15 x profit when it hit 100 next yr.

https://www.cnbc.com/2020/03/31/china-reports-march-manufacturing-pmi-amid-coronavirus-outbreak.html

demand up in china...oil will hav some more boost.

https://www.reuters.com/article/us-global-oil/crude-rises-after-us-russia-agree-to-oil-market-talks-idUSKBN21I03I

oil will spike up soon....waiting for wat

Very soon instead of buy toilet paper n gardenia...u can buy oil to keep.

Dun worry...if price go to 10 later oil will hit 100 n more due to shortage when crisis over,becoz many well will be shut...n it wil take long time to get bak. If not how saudi earn bak the money they lost. I will b adding oil position when ever it drop to support without leverage. Hoping oil can drop to zero. Then i can add n add n add....lol

The President of the United States has the power, at his sole discretion without any other authority, to place a fee on imported oil or products.

https://oilprice.com/Energy/Energy-General/The-Cheapest-Way-For-Trump-To-Save-US-Oil.html

saudi n russia aim to kill shale oil...trump only need to pass a tariff on import oil enuff. no need congress aproval..he can do it this minute if he wants. so how to win shale oil. if cannot win y price war. n now us n europe already stop import saudi n russia oil.

https://nation.com.pk/29-Mar-2020/saudi-oil-industry-face-huge-risks-as-american-european-refiners-refusing-riyadh-s-crude

n with low demand comes with rapid fall in productioin as well...so it cancel off each ohter..wat brings this low price is price war n speculation

without demand correct price is 40...with demand..price is 60...with price war price is 20.

becoz price war will end soon...ppl already buy in waiting.

If really 20 sen ...in 1million.

if saudi flood the market...donald will 100% put tariff on oil to US$50. Saudi now busy defending oil structure from rebel, where got time to flood. so no flood. after 1 april back to 30 above.

i in already , waiting for wat...

Next yr this time..we might b seejng oil at 80 to 100. Due to too much capacity damage during this oil crisis n huge pent updemand for reconstruction.

General t ...middle east tension is on the verge of war. If u dun beleive go find out.

If oil is too low...war will break out in middle east.

If the price drop to 20 n below...later it wil eventually hit more than 80 becoz many oil producer will gone bust ...reducing capex etc... result in high oil price later...when everything bak to normal but world wide production hav dropped significantly.

Saudi cannot resist donald becoz donald can approve nopec...last time above 70 almost kena nopec but block by donald...this time if no listen to donald he wil pass nopec.

https://oilprice.com/Energy/Crude-Oil/Trumps-Ultimate-Weapon-To-End-The-Oil-War.html