Crude retreats due to renew worry of US stockpile

everybody let's "add oil" together!!

apple, it is good you've achieved your financial freedom. but please do not belittle other people. we may not as lucky or intelligent like you but i am sure we are not less committed to build our own wealth and hope to see our country develops as well.

Posted by apple168 > May 5, 2020 9:04 AM | Report Abuse

Expecting hibiscus to post horrible quarter result soon and close lower

for all the sore losers, may God bless you, and may God bless Malaysia economy.

Brent up to USD 26 just 2 minutes ago and staying there

Alam survived last week crude price onslaught. Alam survived this week price onslaught and tonight crude flies. tomorrow alam will fly too.

we misunderstood ahfad point he said -USD 100. Ahfad, you should write USD -100

ahfad - betul 100 bucks, but Thai Bhat la.

https://www.eia.gov/outlooks/steo/pdf/steo_full.pdf

Good times build confidence. Bad times build characters.

Trump said he has instructed the U.S. Navy to "shoot down' any Iranian ships that 'harass' American vessels in the Gulf, or elsewhere. Meanwhile, Iranian Supreme Leader Ayatollah Ali Khamenei thanks Trump for his tweet to increase oil price.

BRENT @ 22.3 +1.48 (7.5%)
WTI @ 18.14 +3.81 (26.9%)

https://www.cnbc.com/2020/04/22/meltdown-in-oil-continues-as-brent-plunges-more-than-15percent.html

Be fearful when others are greedy
Be greedy when others are fearful - W.Buffett

US SPR has 714 mil barrel of storage capacity. Currently its storage c capacity is When WTI May contract expires tomorrow, POTUS will instruct SPR to buy and keep. Trump has only one thing in his mind now, reelection, US oil giants and small shale enterprises are his strongest supporters. He will no fail them at all cost.
BTW, WTI has nothing to do with Malaysia O&G, we use Brent as trading benchmark here.

WTI will rebound strongly tomorrow.

Posted by mkme75 > Apr 17, 2020 12:29 PM | Report Abuse

Mable , I agree with your statement "Respect needs to be earned. It's not automatically given. He needs to earn it as simple as that."

I can't wait to see his reaction (if any) once the US Economy start to re-open.


----> well, he will prepare another essay to rebut his earlier "analysis", for PAS, it is called dalil. apa pon boleh...

Oil will be around for another 100 years. It is a cyclical commodities just as others. it will be up sooner or later.

IHH up 2.75% finally

wow. congrats for those holding this stock longer.

https://www.reuters.com/article/us-global-oil-opec-azerbaijan/russian-saudi-ministers-to-chair-opec-meeting-on-sunday-azerbaijan-idUSKCN21U0J6

Posted by Mabel > Apr 12, 2020 12:59 PM | Report Abuse

This week will go down in history.

The biggest-ever production cut has just been agreed upon by what can now be deemed the largest oil cartel in history.

10 million barrels per day are about to be taken offline and the U.S., usually a champion of free-market economics, appears to have caved to OPEC+ demands that it regulate its output.

So there you have it. The oil war is over and the great KYY sold all his Dayang holding

What does this mean?

Well it depend on each individual. Those who has been following him will stay out. Those that is not following him will take this opportunity to collect

To 60 with Loves...

--------------------

keep my finger crossed...

Oilwaterman believes as long as human need to burns oil and drink water....the world will keep spinning

KYY sold all yet price didn't crash fm 1.4+ recent high..
Macam KYY miss the boat to sapu back cheaply..
Jaks & Dayang his big mistakes..maybe old liaw..lousy judgements..

Hehe...

Yes, don't let that KYY enter back.

talking lIke a bomoh....

Dato buy again, up his direct stake to 21.15%!!!

they PN decided to overtake this gov through backdoor, let them decide using their puny brain.

warrantking, if u dont know how the public service emolument system run, just stfu.

Elephant vs Elephant fighting, we kancil please please dont die in the middle

still hanging to my dear life...

ptuiii!!! nausea

If you buy things you dont need, soon you will have to sell things you need - Warren Buffett

get ill by this hospital

may the worst is over....wish for a V shape recovery!