Oil price rises after api report biggest crude draw this yr. Eia report due 10.30 pm msian time

Hibi moving

I agree. Everything men consume ie.ĺike gòin to thè fish market or purchasìñg your hamburger,u need oil.everything that men consume oil ìs a factor.The price of oil has been factored in.Price is low consideriñg they now owñ 50% of sabah shell which pròducès 9k bpd of oil(hibi portion only).This is almost 3 x what anasturia produce.Better grab it while it is still cheap.Only way is up.
.

Rama 118 is right.hibi takes over sabah shell on jan 1 2017 st app from pcsb.hibi now syariah counter so it means all the investment arm like th,pnb ,kwap etc can invest.fly ooi

Senergy is a oil services provider but hibiscus is an e n p

Thank u rama 118.some ppl in this forum has really gone gila saying the price will go down.they just added 9000 bpd which is bigger than 3500 bpd ìt has unďer anasturia.

where is the expert opinion of gm68,betta 68,b4b4 and kakashi.?what is the opening price tomollow

I think another private placement.hibi need the money to expand bec rm 23 m is targetted for payment to shell for remainder of anasuria. Share might go down. Not good

@ betta68.just thot i mentioned.it it is not related but this is msia anything is possible

Heard icon got sarawak and sabah shell rig contracts

Did they get it?

Aporove or not sabah shell?

No but now that shell is selling to local party its 50% share, its better that the local partner be a bumi concern.This is just a speculation n i hope the sale to hibiscus goes thru.

Aiyah u all have not live in msia long enough.Petronas where can approve sabah oil to non bumi co.like hibiscus

Brent is almost 54 now.

Tomorrow hibi will fly due to inventory report which is within expectation

Usa is an oil exporter now wit shale oil and china is buying. Tillerson is an oil man before becoming secy of state. So you out 2 and 2 together and see the pic.

Can somebody explain why hibiscus is a non syariah counter?

Tks gm 68

If hibi buys shell sabah with 4 oil rigs how many thousand barrel a day is added to hibi production.i remember that hibi is taki g over the shell sabah production on 1 jan this year but approval for petronas is yet to obtained.Gm 68 from where u get usd 13 production cost?

Can someone explain how do hibiscus sell their oil. Is it on prevaili g mkt price or is other methods use

I agree with b4b4.the pe ratio of hibi is aslo low

Dnex is owned by some bumi guys.dont know which politician is behind him

Dnex is rising fast.They owned 30% of ping petroleum.could it be that sabah shell oil rigs(50% coowned by petronas) be taken over by them instead of hibi.