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5 comment(s). Last comment by Finalburst 2019-09-17 23:25
Posted by Unfair > 2019-09-16 15:32 | Report Abuse
75% 2019 gone why 15% unhedged oil is good?
Posted by teoct > 2019-09-16 15:42 | Report Abuse
Tony, it would be good that you read this and reflect before saying oil is a dying commodity: https://criticalspectator.com/environment/nobody-gives-a-damn-about-climate.
Yes Ringgit has more or less de-coupled from oil price if one bother to research on it. Malaysia has a deeper secular problems that causes the Ringgit to depreciate, please refer my earlier article: https://klse.i3investor.com/blogs/teoct_blog/165332.jsp
Electric vehicles are like Concorde, expensive and toys for the rich. When it become mainstream than maybe, maybe it is the end of oil.
Happy investing.
Posted by probability > 2019-09-16 23:14 | Report Abuse
tony panic airasia price will dip on tuesday...
Posted by Finalburst > 2019-09-17 23:25 | Report Abuse
Malaysia has been a net crude oil importer since 2014. https://www.thestar.com.my/business/business-news/2015/01/21/clearing-the-air-treasury-sec-gen-malaysia-net-importer-of-crude-oil-petroleum-products-since-2014
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Posted by chinaman > 2019-09-16 15:09 |
Post removed.Why?