President Trump's policy was for energy price to stay low;now with Biden in charge,democracts working with Arabs , wanted to see oil price to climb high.
if u talk about survival then 1st u need oxygen, next when u c recovery play then u need oil la....more and more oil....Where to get refine oil...from Hengyuan.
Since the vaccine-led recovery of oil prices, the energy sector has turned from the worst performer on the market to the top-performing sector, and analysts believe there is still upside for energy stocks and ETFs. In early November, just before the first announcement of a successful vaccine trial and approval, the oil and gas industry was the biggest market loser of 2020, and also the worst performer on the market—ever. However, the bull run in commodities, especially oil, is now making energy the top performer of the S&P 500 index. Year to date to March 5, energy outperformed – by a mile – all other sectors in the S&P 500, including the index itself, data compiled by Yardeni Research shows. So far this year, the energy sector has rallied by 38.6 percent, compared to a 2.3-percent rise of the index. The second-largest sector in terms of gains, financials, had risen by 13.9 percent. Analysts believe the energy sector still has room to rise. “Within Value, we also want to highlight Energy as an area that we believe has staying power and should continue to be a key beneficiary of the commodity bull cycle,” Dubravko Lakos, head of U.S. equity strategist and global quantitative research at JPMorgan, wrote in a note dated Monday, as carried by CNBC.
Collect more HY if you can withstand some pressure. Notice there are 2 newly listed HY warrants, I strongly believe HY soon will be the STAR of 2021. I will only collect mother share instead of warrants now.
the technical correction is finally over , flush out of weak holders,consolidate a while, setting a strong base .oh!,can see a brighter phase ahead, cheer.
why the old man said "Hengyuan's profit is reduced due to Covid 19 ?", he waswrong,the fact is Hengyuan 's profit has recorded a higher number ,more then previous quarter,only the revenue figure suffered a contraction,mainly due to MCO lock-down, once the MCO is removed, and traffic normalized, certainly can see rising figure.
crack spread and profit margin of refinery industry will hugely improve with the oil price between 50$ to 70$, we can expect with ease of movement control revenue also increase. commodities sector will surprise market with QR report this year. while still ppl buy Technologies over price shares.
What lar you fellas, go up 10c, and when Friday comes you all contalah players sell.and see this stock down 7c...teruk lar you people...10c also you all.want to make profit!?? CAN'T HOLD ON ARH...MUST KASI KELUAR KAH!! Ayoh yoh...yih yih....kikikiki
Pang72 and Enning 22......why you both talking about HY reach 6.60!!?? What are you both planning to.do at 6.60 !! Sell.there and then up to 8.70..Haha....kikikik i
Shell exploring options to divest non-operated interests in Malaysia's Baram Delta KUALA LUMPUR (March 12): As part of its continuous global portfolio rationalisation, Shell has decided to explore its options to divest its non-operated interests in the amended 2011 Baram Delta EOR production sharing contract (PSC) and the SK 307 PSC. The assets located offshore Sarawak, Malaysia are operated by Petronas Carigali Sdn Bhd, and Sarawak Shell Bhd is a non-operating partner. This decision is in line with the Shell group’s strategy for its upstream business to become more focused, and to increase its resilience and competitiveness. Shell Malaysia remains committed to supporting the operator in delivering safe and smooth operations until completion of a sale to a credible buyer,” it said in a statement. The British-Dutch multinational oil and gas (O&G) company said Malaysia remains an important country to the Shell group with a continued strong presence in its upstream, gas-to-liquid, downstream and business operations sectors. It noted that the upstream business in Malaysia had been identified as one of Shell upstream’s nine core performance units worldwide. Shell has been a partner of the nation’s progress over its 130 years of operations in the country, contributing to the success of its energy industry, the development of Malaysian talent and communities. The company said it will continue to play an important role in powering Malaysia’s future with cleaner, innovative and competitive energy solutions.
oil Price is 70$ and the big whale still try to control n accumulate below Rm 6 funny.. soon hv to come above that .. with this low volume is obvious not much ppl selling at this super low price
Tech stock had superb return and their time is over now at least for a while and need correction. we are at commodities super Cycle now . better follow the trend.
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....
enning22
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Posted by enning22 > 2021-03-08 12:17 | Report Abuse
President Trump's policy was for energy price to stay low;now with Biden in charge,democracts working with Arabs , wanted to see oil price to climb high.