Posted by Bullrunrun > 2021-02-09 18:16 | Report Abuse

Oil up HY dropped

China people must give dividends la

Posted by kakashi > 2021-02-09 18:29 | Report Abuse

On technical term.. both oil n hengyuan hitting resistance. Might see some retraced

Posted by kakashi > 2021-02-09 21:21 | Report Abuse

https://www.globenewswire.com/news-release/2021/02/04/2169560/0/en/ROYAL-DUTCH-SHELL-PLC-4th-QUARTER-2020-AND-FULL-YEAR-UNAUDITED-RESULTS.html

Posted by kakashi > 2021-02-09 21:21 | Report Abuse

Here u can see the refinery earnings as well. Whopping 4bil USD losses.

Posted by kakashi > 2021-02-09 21:23 | Report Abuse

Crack at usd4++ looks good

Posted by enning22 > 2021-02-09 21:33 | Report Abuse

take note a covid-lock down consumer market and a post covid consumer market, don't mess up the two entirely different phases of the economy..

Posted by enning22 > 2021-02-09 21:35 | Report Abuse

take note a covid-lock down consumer market and a post covid consumer market, don't mess up the two entirely different phases of the economy,market is partly pricing in the post- covid economy

Posted by kakashi > 2021-02-09 22:13 | Report Abuse

Market is already fully price in post covid recovery.

Posted by kakashi > 2021-02-09 22:13 | Report Abuse

But still got leg to run... cos more positive news will flow in

Posted by enning22 > 2021-02-10 08:25 | Report Abuse

EW YORK: Oil prices rose on Tuesday for their seventh straight session of gains, touching 13-month highs as investors kept betting that fuel demand will rise while OPEC and allied producers keep a lid on supply. Brent settled up US53 cents, or 0.9%, to $61.06 a barrel. U.S. West Texas Intermediate crude (WTI) for March was at $58.36 a barrel, up 39 cents or 0.7%. The session peaks for both benchmarks were the highest since January 2020. "With Brent over $60, it's been great psychologically... and everyone is feeling bullish about stronger demand and global inventories in further decline," said John Kilduff, partner at Again Capital LLC in New York. The markets have rallied since November as COVID-19 vaccines are being distributed worldwide, and as governments and central banks deploy huge stimulus packages to boost economic activity. Top exporter Saudi Arabia is curbing supply in February and March, on top of cuts by fellow producers in the Organization of the Petroleum Exporting Countries and their allies, prompting forecasts of a supply deficit this year. "The Saudis' intent to eliminate a global supply surplus appears to be on track and capable of boosting crude prices further," said Jim Ritterbusch, president of Ritterbusch and Associates in Galena, Illinois. Benchmark crude also drew support from the dollar's fall to a one-week low, making greenback-denominated commodities more attractive to holders of other currencies. U.S. crude inventories have fallen to their lowest since March, before the pandemic crushed the oil markets. Weekly U.S. oil inventory data is due from industry group the American Petroleum Institute at 4:30 p.m. EST (2130 GMT), followed by government data on Wednesday. The U.S. government on Tuesday lowered its outlook for crude oil production in 2021 to 11.02 million barrels per day from 11.1 million bpd previously forecast.    - Reuters

Posted by kevinobc > 2021-02-10 08:39 | Report Abuse

https://indianexpress.com/article/explained/crude-oil-price-rise-explained-7181078/

Posted by kevinobc > 2021-02-10 09:38 | Report Abuse

https://www.theedgemarkets.com/article/oil-holds-rally-after-report-points-shrinking-us-stockpiles

Posted by Investing_Bursa > 2021-02-10 10:09 | Report Abuse

Good opp to tôp up again !

Posted by SuperPanda > 2021-02-10 17:18 | Report Abuse

dont compare oil major with refineries, different biz and here bursa follow sentiment only

i will top up when 5.40 and below

Posted by Bullrunrun > 2021-02-12 12:40 | Report Abuse

Last two days heavy traffic and shell station profited and price went up from 1.25 RM per litre to current RM 2.05 per litre

Next QR 50 cents EPS for last QR and this QR very impressive.

Enjoy the ride while people still pumping petrol at station

Happy CNY

Posted by kevinobc > 2021-02-12 22:51 | Report Abuse

https://www.wsj.com/articles/china-is-approaching-its-own-peak-oil-11613131201

Posted by DreamKeeper > 2021-02-12 23:28 |

Post removed.Why?

Posted by DreamKeeper > 2021-02-12 23:29 |

Post removed.Why?

Posted by DreamKeeper > 2021-02-12 23:29 | Report Abuse

Okay also la

Posted by DreamKeeper > 2021-02-12 23:29 | Report Abuse

Boleh juga la

Posted by DreamKeeper > 2021-02-12 23:30 |

Post removed.Why?

Posted by DreamKeeper > 2021-02-12 23:30 | Report Abuse

Very good

Posted by DreamKeeper > 2021-02-12 23:30 |

Post removed.Why?

Posted by DreamKeeper > 2021-02-12 23:30 | Report Abuse

Well done

Posted by DreamKeeper > 2021-02-12 23:30 |

Post removed.Why?

Posted by DreamKeeper > 2021-02-12 23:31 | Report Abuse

Keep surging

Posted by DreamKeeper > 2021-02-12 23:31 | Report Abuse

Good luck

Posted by kevinobc > 2021-02-12 23:52 | Report Abuse

https://www.nytimes.com/2021/02/12/business/dealbook/shell-peak-oil.html

Posted by kevinobc > 2021-02-14 10:13 | Report Abuse

https://www.dailyfx.com/crude-oil

59.61 WTI

62.64 BRENT

Posted by Investing_Bursa > 2021-02-14 17:52 | Report Abuse

Monday open high

Posted by Bullrunrun > 2021-02-14 19:46 | Report Abuse

Tomorrow RM 6.00

Posted by Yippy68 > 2021-02-15 07:44 | Report Abuse

brent now USD 63 , Hengyuan GOGOGO

Posted by Bgt 9963 > 2021-02-15 08:57 |

Post removed.Why?

Posted by caveatemptor2050 > 2021-02-15 09:28 | Report Abuse

Once it decisively cross 6 it should move to 8. Year-end quarter results out next week. By 26 February you will be surprised. Hold on. Strong buy more momentum in the chart

Posted by kevinobc > 2021-02-15 10:05 | Report Abuse

https://www.reuters.com/article/us-global-oil/oil-rises-on-fears-of-heightened-tensions-in-middle-east-idUSKBN2AF013

Posted by Dartmaster > 2021-02-15 10:06 | Report Abuse

kapui oil drop abit it crash faster. oil raise so much faster but go up a bit useless operator

Posted by kevinobc > 2021-02-15 10:47 | Report Abuse

https://www.malaymail.com/news/money/2021/02/15/asian-shares-hit-all-time-highs-oil-buoyant/194981

Posted by kevinobc > 2021-02-15 11:39 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/02/15/ringgit-opens-higher-amid-surging-oil-prices

Posted by paperplane > 2021-02-16 09:58 | Report Abuse

finally, it fly high and high. BUT CRACK SPREAD STILL LOW WOH. Apa hantu cerita ini CRACK SPREAD then???

Crack spread is bullshit then???

Posted by kevinobc > 2021-02-16 10:21 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/02/16/oil-hits-13-month-highs-as-market-rebalances

Posted by paperplane > 2021-02-16 10:59 | Report Abuse

so crack spread apa cerita

Posted by wehcant > 2021-02-16 11:05 | Report Abuse

Racing towards 6.25. Coming...

Posted by kevinobc > 2021-02-16 11:05 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/02/16/oil-prices-climb-as-deep-freeze-shuts-us-oil-wells-curbs-refineries

Posted by kevinobc > 2021-02-16 12:26 | Report Abuse

https://www.malaymail.com/news/malaysia/2021/02/16/pm-pfizer-covid-19-vaccine-to-arrive-on-feb-21-ahead-of-schedule/1950076

Posted by paperplane > 2021-02-16 13:17 | Report Abuse

so apa cerita CRACK SPREAD AH

Posted by kevinobc > 2021-02-16 23:45 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/02/16/oil-spike-bodes-well-for-malaysian-economy

Posted by kevinobc > 2021-02-17 08:59 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/02/17/oil-price-rally-points-to-more-opec-easing-from-april

Posted by kevinobc > 2021-02-17 15:44 | Report Abuse

https://www.theedgemarkets.com/article/ringgit-snaps-sixday-gains-oil-dips

Posted by Desmond Nah > 2021-02-17 16:01 | Report Abuse

nice.... HY

Posted by kevinobc > 2021-02-17 16:18 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/02/17/oil-steady-amid-texas-supply-disruptions-potential-opec-moves