Posted by soojinhou > 2016-04-18 07:49 | Report Abuse

Well for guidance the Aussie is tanking.

Posted by Beza > 2016-04-18 07:58 | Report Abuse

Volatility again. Buy REITS for safe guild.

Posted by Beza > 2016-04-18 08:03 | Report Abuse

http://www.aljazeera.com/news/2016/04/opec-oil-producers-weigh-temporary-output-cap-160417061135501.html

Posted by cklim13 > 2016-04-18 08:11 | Report Abuse

looking at Tesla model 3 electric car sales. Saudi know their days are numbered.
in 30 years internal combustion engine cars will become dinosaur.
New species of electric car will roam the earth.
What saudi do now is sell as much oil as they can, fully utilize their production capacity. Maintain or capture market share.

Posted by firehawk > 2016-04-18 08:16 | Report Abuse

good news ... drop to below 30 is good ....

Posted by Jeff Lee > 2016-04-18 08:36 | Report Abuse

time for export stocks again!

Posted by Mohd Fahmi Bin Jaes > 2016-04-18 08:48 | Report Abuse

not from official news. its speculative

Posted by ktrader > 2016-04-18 08:49 | Report Abuse

sell....

Posted by titus > 2016-04-18 09:21 | Report Abuse

it is official. Iran didn't attend and it is all over the news. Check al-jazeera

Posted by Hiu Chee Keong > 2016-04-18 09:33 | Report Abuse

Mohd Fahmi, not speculative, it is official. When i post this, i already check the news at cnbc.

Posted by zaqwerty > 2016-04-18 09:54 | Report Abuse

Excellent news. Must celebrate.

Posted by somchik > 2016-04-19 01:06 | Report Abuse

Cheaper oil is good news, good for all of us, and businesses except o &g counters. More profits for companies due to lower cost of fuel , tranport, materials in plastic, synthetic rubber etc , tranlate into strong purchasing power of wages for cheaper goods. Including prices of properties decreasing n cheaper. Equities in consumers, trade , services, manufacturing should do well. Construction benefit a lot.