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5 comment(s). Last comment by zhangzuode 2022-10-17 09:16
Posted by zhangzuode > 2022-10-12 15:13 | Report Abuse
Rystad, an energy adviser Hibiscus frequently uses, stated that OPEC+ 2M cut provides stability to the oil market, etc.:
https://www.rigzone.com/news/brent_likely_to_hit_100_per_barrel_by_year_end-07-oct-2022-170632-article/
Posted by zhangzuode > 2022-10-13 08:31 | Report Abuse
More comments on OPEC+ cut for better understanding of the potential effect of the proposed cut: https://www.hellenicshippingnews.com/pimco-opec-production-cuts-show-energy-security-has-a-price/
Posted by zhangzuode > 2022-10-13 08:56 | Report Abuse
Here is Maybank Investment Bank take on Hibiscus - indeed the Future is Bright:
https://mkefactsettd.maybank-ke.com/PDFS/282827.pdf
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CS Tan
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
zhangzuode
244 posts
Posted by zhangzuode > 2022-10-12 09:27 | Report Abuse
The intrigue of oil price: https://oilprice.com/Latest-Energy-News/World-News/US-Officials-Promised-Saudis-It-Wouldnt-Let-Oil-Market-Collapse.html
The Saudi was tricked once by the previous us President in 2018/9 that sanction Iran oil and at the last moment gave wavier to many countries causing price to collapse. Well, white men speak with forked tongue, Saudi appears to not trusting usa anymore.
Mid-term usa election is on 8/11. The need to posture for lower oil price could be become redundant soon.