to all the pitiful losers still stuck here,( waiting for 17.5 sen ??), last chance to start cut and switch to any fast moving up shares but this loser !!
Saudi Arabia Secretly Targeting $80 Oil By Tsvetana Paraskova - Apr 10, 2018, 9:30 AM CDT Tadawul Saudi Arabia is likely targeting oil prices at $80 a barrel to boost the valuation of its oil giant Aramco ahead of its much-hyped IPO and to help finance increasingly ambitious domestic policy plans, Bloomberg reported on Tuesday, citing people who have spoken to Saudi officials.
Although Saudi officials have been careful not to point to a specific oil price target in private discussions over the past month, “the inescapable conclusion from the conversations was that Riyadh is aiming for $80,” according to the people who spoke to Bloomberg on the condition of anonymity.
A couple of months ago, Saudi Arabia was reportedly targeting oil at $70, but that was before Riyadh admitted that Aramco’s initial public offering could take place in 2019, instead of in the second half of 2018, as it has been planned for years.
In an interview with Time magazine last week, Saudi Crown Prince Mohammed bin Salman—the proponent of the Saudi economic overhaul to diversify from oil—for the first time linked oil prices with the Aramco IPO.
Asked about the delayed listing, the Crown Prince said:
“We do not delay it. We said we will be ready to IPO around 2018. And we are ready. We did all the laws. We did all the steps that are making us ready to IPO it. Now it’s a matter of choosing the right time. So we believe oil prices will get higher in this year and also get higher in 2019, so we are trying to pick the right time. But we are ready to IPO it now if the time is right.” Related: Russia Wants To Drop Dollar For Oil Payments
Saudi Energy Minister Khalid al-Falih has also recently signaled that the Kingdom would rather overtighten the market instead of leaving the job of erasing the glut undone.
In February al-Falih said that “If we have to err on over-balancing the market a little bit, so be it.”
According to Bloomberg’s sources, however, the Saudi ambitions for oil at $80 is not shared by all OPEC members, because some of them are worried—privately—that the Saudis are targeting too high an oil price that could further boost U.S. shale production.
u r the one keep deleting pengcritics posts n keep pacak bendera. ------------------------------------------------------------------------------------- LeoLeo u mother focker... if I can delete forum... i don have to argue with your pathetic brain on this forum? ask your own focking brain the logic... pathetic douchbag !!!!!! 11/04/2018 01:06
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 841 views | 5 d ago
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New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
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....
Leoleo
5,508 posts
Posted by Leoleo > 2018-04-10 14:04 | Report Abuse
tala sapu all 0065 . tala confirm ala mali lor....kikiki
aiyo itu toilet paper manyak murah wor....tapi tala olang sapu....
expire on nov 2018.....kikiki