Hopefully on the day of QR announcement, Brent spikes. Would be a double bonus.

You are Hopeful now. May it be done accordingly.

MF counter like Trump. Angin

Brent moves up, Hibiscus stalks.
Brent move down, Hibiscus first to dive.

Noted

Investing.com - U.S. crude oil inventories rose more than expected last week, the Energy Information Administration said in its weekly report on Thursday.

The EIA data showed that crude oil inventories increased by 10.27 million barrels in the week to November 9.

That was compared to forecasts for a stockpile build of 3.18 million barrels, after a build of 5.78 million barrels in the previous week.

Thanks

Post removed.Why?

Brent falling

Oil inventory 10.28 mil vs 3.28 expected.

Donald is a asshole. Saudi is soft bcos of the murder case. Trump is using this to threaten Saudi. He is also threatening Russia on sanction. So this guys are quite. Don’t when they will react.

Kanina itu Maharaja.

It is the right time for Trump to quit. He has messed up globally.

Trump is a real MF. Bastard, he cheated OPEC.The whole world knows it now. Let us see how OPEC comes out with their plans. However it is not done overnight but will atleast take a month or more for oil to stabilise from now. Dec 6 is the D day for oil. They must atleast cut 3 million barrels a day to reach atleast US 75 a barrel.

Useless Trump, now picking up with France for wine. Wants to put. tariff for it. Let him put a tariff for his ass.

I hope this OPEC goats wont listen to Trump and they start cutting the production as a group. Trump has got a dirty agenda and I hope this Arabians are not fools.

Nggb should be trading higher if there is no external negative news namely DJones etc. So far KLCI is stable, it is a good news for Nggb. The way it traded today felt like someone is collecting. I hope it is the Japanese counterpart. If it is so, then you should see a higher price soon. Of course a resistance can be expected above 60 cents. I hope that it won’t be bad as last week.

They are Bastards. Will never let anyone to come up. China ‘a GDP was roaring last few years. Cowards, see how they slammed the breaks. MFs, see how they manipulate our palm oil data, in order for their f@@king soy oil to survive.

Klci index not in favour for Nggb’s hike.

https://www.reuters.com/article/us-oil-opec-saudi/saudi-arabia-discussing-proposal-to-cut-oil-output-by-up-to-1-million-bpd-by-opec-and-allies-sources-idUSKCN1NG059?il

The sharks took opportunity to sell. However they are not out. They are playing again to sell higher. This time I expect they will sell again at 70 cents when another good news out. They will repeat this process till it hits 90 cents. By then the MOU will be signed and the loan would have received. From then, the price will linger around 90 cents and 1.00

Friday, Nggb fought the best to go up. From 53.5c previous closed to 56.5c. However market sentiments did not support. From a drastic down the previous day, it was really impressive to see the next day going up.Have great potential to go up again. If the MOU succeeds, the nearest TP would be around 90cents. Any positive news from the MOU will jack the price. Only have to wait patiently.

Tanya BursaMaster, mungkin dia tahu.

His actual name is Donald Duck Trump

Trump eats a lot of ducks

MF

Don’t wait. Don’t further delay. Jump in

Bullish in Red Sea.Imagine green

Bullish

Warrant charging

Not to late, still can go in

Buy buy buy, going to hit TP 70 cents according to BursaMaster.

Taking shape, is it really lousy?

Will Nggb be benefitted with the allocation of RM 2 billion for green tech in the current budget??

Don’t worry. The drop in oil price is just for the sake of Trump. After the midterm election, oil will rise back. Saudi is obliged to Trump. Even Putin too.

Yes, announced material uncertainty by auditors.

That’s the point, Money. But this Brent is freaking and flirting with Dow Jones index.

F@@ker Trump, having an as@@ole mouth. Coward, don’t blame Powell, you are the fu@@ing reason for this bloodbath. Son of a Bitch. Want to war with every country. Killing the global economy. Want to come up, do your own. Parasite, want to host on China. Hope you lose coming Nov 5 and you will be impeached from then.

Trump and his nasty mouth. Have screwed up the global economy as a whole. Impeach this monster

Reach Energy said Y-3 exploration well to lift reserves

By Tan Xue Ying | 2018-10-24 19:35:23
KUALA LUMPUR (Oct 24): Reach Energy Bhd said it has yielded “positive results” from the Yessen-3 (Y-3) exploration well in its Emir Oil Concession Block onshore Kazakhstan, which is expected to contribute to the company's reserves due for update early next year.

The group said in an exchange filing today the Y-3 well has now been safely and successfully completed as budgeted, and will now enter the next stages.

“The well penetrated the Mid-Triassic carbonate reservoirs, with a total depth (True Vertical Depth Subsea, TVDSS) of 3,615.6 metres. The Y-3 well has been safely and successfully completed as budgeted.

“Preliminary log evaluation indicated up to 34 meters of oil-bearing reservoir. Two out of three intervals have been perforated and tested, flowing oil and gas. Future work in the near term includes perforating the remaining untested interval to confirm positive log evaluation,” it said in the filing.

Reach Energy said additional work is currently being undertaken to establish the full potential of this discovery, and integrate the newly obtained geological data and understanding with the Block-wide data gathered to date.

In addition to the previous exploration wells in the vicinity (Yessen-1 and Yessen-2), the group said it has confidence in obtaining a production licence for the Yessen field next year.

“The results of this well indicate a larger hydrocarbon accumulation on the Yessen structure. The success of Y-3 well represents a continuation of 100% success rate in oil discoveries in the Yessen Field, as previous exploration wells in the vicinity (i.e. Yessen-1 and Yessen-2) have also discovered oil.

“The positive results of the aforementioned wells underline the company’s confidence in obtaining a Commercial Production License for the Yessen Field as early as 2019,” it said.

Reach Energy chief executive officer Shahul Hamid Mohd Ismail said the results of the Y-3 test production has been encouraging, in terms of the full block potential of Emir Oil.

“This discovery highlights the vast exploration upsides that the Emir-Oil Concession Block has, and we look forward to further exploration successes such as this with our upcoming exploration wells in the near term.

"We expect this development to have a positive impact to our reserves, which is due to be updated early next year by our reserves auditor, Gaffney, Cline and Associates,” he added.

Currently, Emir-Oil’s 2P reserves stands at 81 million barrels of oil equivalent (mmboe).

Shares in Reach Energy fell 3.5 sen or 8.33% to close at 38.5 sen today, bringing it a market capitalisation of RM

I cannot open the link by ASX on the 3D oil announced just now. What is that about? Kind assist

Very strange counter lah.

The news say that in order to divert the mess of the murder of the journalist, Saudi would indirectly lower the oil production in the midst of the looming Iranian sanctions

Ha ha ha ha ha

So what is the Verdict of this three days of Arguments?????

I am at the buy que 1.15/ Hopefully some sohai shall sell.

Monday say it or not, definitely it is a gap up. May hit 1.40 level.

Myeg will rise back. Last Fiday was just a misunderstanding when the quote myeg is actually the Malaysian e-govt and not the Myeg Service.

It is not public or investment fund going to buy. It is TS Wong and his group going to acquire on Monday. Have you not witness TS Wong’s buying power recently? So this stock will not go down but will gap up Morning morning.

Wow wow wow valuelurker, you are really a lover of LOTR