ALAM MARITIM RESOURCES BHD

KLSE (MYR): ALAM (5115)

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Last Price

0.035

Today's Change

0.00 (0.00%)

Day's Change

0.03 - 0.035

Trading Volume

935,000


44 people like this.

15,210 comment(s). Last comment by Robert Waters 5 days ago

Leoleo

5,555 posts

Posted by Leoleo > 2020-04-07 17:01 | Report Abuse

lapat kfc sedap nya

ppginvest

1,591 posts

Posted by ppginvest > 2020-04-08 00:42 | Report Abuse

lembap ni alam

tkl88

8,712 posts

Posted by tkl88 > 2020-04-08 07:14 | Report Abuse

Wow, Oil price continue to spike up !
As at 7.13am,
Nymex => 24.63 ‪(+1.00) (+4.23%)‬

Cojack31

1,673 posts

Posted by Cojack31 > 2020-04-08 07:51 | Report Abuse

Fly..fly today

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2020-04-08 08:12 | Report Abuse

Any good news from shale? why WTI up +6% suddenly?

tkl88

8,712 posts

Posted by tkl88 > 2020-04-08 08:37 | Report Abuse

Wow, Oil price getting hot & hottest now !
As at 8.35am,
Nymex => $24.79 ‪(+1.16) (+4.91%)‬

analiser

100 posts

Posted by analiser > 2020-04-08 10:40 | Report Abuse

up to now is most investor parking only

maggiemee

2,101 posts

Posted by maggiemee > 2020-04-08 11:12 | Report Abuse

now or never

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2020-04-08 13:30 | Report Abuse

buy buy buy!! Oil price keeps spike up now!!

tkl88

8,712 posts

Posted by tkl88 > 2020-04-08 13:36 | Report Abuse

Walaoeh, Oil price now spike up crazily !
As at 1.30pm,
Nymex => $25.19 ‪(+1.56) (+6.60%)‬
Brent => $32.88 ‪(+1.01) (+3.17%)‬

Cojack31

1,673 posts

Posted by Cojack31 > 2020-04-08 17:13 | Report Abuse

Price stuck 0.85cts. Too many seller.

stevie2k

45 posts

Posted by stevie2k > 2020-04-08 18:04 | Report Abuse

i think we just hold and relax guys,see the outcome of opec meeting later and decide what to do

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2020-04-08 19:42 | Report Abuse

if deal failed, how far can it go? 0.035?

Talib

536 posts

Posted by Talib > 2020-04-08 19:48 | Report Abuse

better sell.. will back to 0.03 If can't reach a deal tomorrow.

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2020-04-08 20:40 | Report Abuse

probably is failed because Trump cannot force shale cut production!! WTI seems back to 20!!

tkl88

8,712 posts

Posted by tkl88 > 2020-04-08 22:08 | Report Abuse

Oil prices gain as OPEC meeting looms
OPEC+ expected to lower collective oil output substantially to trim some oversupply in global market
Ovunc Kutlu   | 08.04.2020
https://www.aa.com.tr/en/economy/oil-prices-gain-as-opec-meeting-looms/1797054

ANKARA
Crude oil prices were up on Wednesday as the upcoming meeting between OPEC and its allies, known as OPEC+, give hope to investors of potential support to prices.
International benchmark Brent crude was trading at $32.32 per barrel at 0620 GMT for a 1.4% increase after it closed Tuesday at $31.87 a barrel.
American benchmark West Texas Intermediate (WTI) was at $24.72 a barrel at the same time for a 4.6% gain after ending the previous day at $23.63 per barrel.
The oil producing member countries of OPEC+ will hold a teleconference on Thursday to discuss the low price environment and the supply-demand balance in the global oil market.
Due to the rapid spread of coronavirus, or the COVID-19 disease, weak economic activity around the world has lowered global oil demand, increasing the glut of supply in the market.
Saudi Arabia-led OPEC and Russia-spearheaded non-OPEC failed on March 6 to lower their collective output, causing a massive plummet in prices, which fell on March 30 to their lowest level since 2002.
The OPEC+ group is estimated on Thursday to lower their collective oil production level by between 10-15 million barrels per day in order to trim some of the oversupply.

tkl88

8,712 posts

Posted by tkl88 > 2020-04-09 03:27 | Report Abuse

OMG, Oil price was damn super hot man !
As at 3.25am,
Nymex => $25.75 ‪(+2.12) (+8.97%)‬
Brent => $33.33 ‪(+1.46) (+4.58%)‬

tkl88

8,712 posts

Posted by tkl88 > 2020-04-09 04:15 | Report Abuse

‪Wow, Fabulous!
As at 4.12am,‬
Dow Jones closed at=> 23,433.57 (+779.71) (+3.44%) !

tkl88

8,712 posts

Posted by tkl88 > 2020-04-09 04:38 | Report Abuse

Oh My goodness,
Oil price was unbelievable spike up to the sky high !
As at 4.35am,
Nymex => $26.‪09 (+2.46) (+10.41%)‬
Brent => $33.‪54 (+1.67) (+5.24%)‬

tkl88

8,712 posts

Posted by tkl88 > 2020-04-09 05:12 | Report Abuse

Oil Spikes After Algeria Says OPEC+ Cuts Could Reach 10 Million Bpd
By Julianne Geiger - Apr 08, 2020, 2:20 PM CDT

https://www.google.com/amp/s/oilprice.com/Energy/Oil-Prices/Oil-Spikes-After-Algeria-Says-OPEC-Cuts-Could-Reach-10-Million-Bpd.amp.html

The price of a West Texas Intermediate barrel of oil shot up on Wednesday afternoon by nearly 7% shortly after OPEC’s President gave the market fresh optimism about tomorrow’s virtual OPEC++ meeting.
“The meeting will undoubtably be fruitful in order to rebalance the market through measures we will take tomorrow,” Mohamed Arkab, OPEC’s President and Algeria’s Energy Minister told state news agency APS, according to Reuters.

While an intangible statement, the optimistic words spoken by the OPEC President seem to be just what the doctor ordered for the volatile markets as speculators try to make the most out of the oil-price plunge.
As a result of today’s spike, trading of the biggest oil ETF, the United States Oil Fund (USO), had been halted temporarily. Trading of the USO has since resumed. The USO is trading up 4.03% as of 3:03pm EDT.
All eyes remain on the potential deal that OPEC group may come up with tomorrow in what could be the largest oil production cut deal ever. Signatories to the deal could include, in addition to OPEC, Brazil, Norway, Canada, and all the OPEC+ countries that signed onto the previous deal. While some are hoping that the United States may join in the cuts, a formal agreement between the US and other oil producers appears unlikely.
Saudi Arabia and Russia, together responsible for producing more than 22 million barrels per day, are expected to make or break the chances of a production cut deal.

A 10 million bpd figure has been discussed by meeting attendees in the run-up to the meeting, although that figure would be insufficient to offset the loss in oil demand that the market has seen due to the coronavirus.

By Julianne Geiger for Oilprice.com

azta12

5,594 posts

Posted by azta12 > 2020-04-09 09:03 | Report Abuse

otw to clse the gap

azta12

5,594 posts

Posted by azta12 > 2020-04-09 09:31 | Report Abuse

add

analiser

100 posts

Posted by analiser > 2020-04-09 09:42 | Report Abuse

dont worry alam will go to 50c. end of this year

khaiyangt

40 posts

Posted by khaiyangt > 2020-04-09 09:44 | Report Abuse

.085 is so hard to break..

analiser

100 posts

Posted by analiser > 2020-04-09 09:49 | Report Abuse

0.85 and 0.9 is asbestos ceiling will break soon

Looiks

5,493 posts

Posted by Looiks > 2020-04-09 09:53 | Report Abuse

hehehe......

Looiks

5,493 posts

Posted by Looiks > 2020-04-09 09:54 | Report Abuse

hehehe.......lets see

super_newbie

1,261 posts

Posted by super_newbie > 2020-04-09 14:50 | Report Abuse

Saudi Arabia buys stakes worth $1 billion in European oil companies: WSJ
https://www.reuters.com/article/us-health-coronavirus-saudi-oil/saudi-arabia-buys-stakes-worth-1-billion-in-european-oil-companies-wsj-idUSKCN21R01W

That's why :))

JokerT

1,391 posts

Posted by JokerT > 2020-04-09 15:19 | Report Abuse

going downtrend very very soon

Looiks

5,493 posts

Posted by Looiks > 2020-04-09 15:24 | Report Abuse

hehehe......

Posted by Stone001 > 2020-04-09 15:26 | Report Abuse

Sell it all

Looiks

5,493 posts

Posted by Looiks > 2020-04-09 15:30 | Report Abuse

hehehe......

Posted by Stone001 > 2020-04-09 15:33 | Report Abuse

@looiks what your opinion?

Looiks

5,493 posts

Posted by Looiks > 2020-04-09 15:56 | Report Abuse

hehehe.....keep

azta12

5,594 posts

Posted by azta12 > 2020-04-09 16:05 | Report Abuse

currently, in asia mrkt .. crude oil +5.46% to 26.46 lvl, brent +3.09% to 33.85 lvl

Looiks

5,493 posts

Posted by Looiks > 2020-04-09 16:13 | Report Abuse

hehehe......anytime will move fwd

Looiks

5,493 posts

Posted by Looiks > 2020-04-09 16:15 | Report Abuse

hehehe.......saudi will broaden their market share

tkl88

8,712 posts

Posted by tkl88 > 2020-04-09 16:38 | Report Abuse

Walaoeh, Oil price spike up like mad already !
It's definately indicating that the Opec + meeting will come out a deal of ouput cut !
As at 4.37pm,
Nymex => $26.14 (+1.05) (+4.18%)
Brent => $33.90 (+1.07) (+3.26%)

Looiks

5,493 posts

Posted by Looiks > 2020-04-09 16:56 | Report Abuse

hehehe.......

tkl88

8,712 posts

Posted by tkl88 > 2020-04-09 17:56 | Report Abuse

OMG, Oil price continue to spike up sky high !
As at 5.55pm,
Nymex => $26.60 (+1.51) (+6.02%)
Brent => $34.20 (+1.36) (+4.14%)

RedEagle

3,194 posts

Posted by RedEagle > 2020-04-09 20:18 | Report Abuse

The current OPEC members are the following: Algeria, Angola, Equatorial Guinea, Gabon, Iran, Iraq, Kuwait, Libya, Nigeria, the Republic of the Congo, Saudi Arabia (the de facto leader), the United Arab Emirates and Venezuela.

Twowah123

654 posts

Posted by Twowah123 > 2020-04-09 20:50 | Report Abuse

Good

maggiemee

2,101 posts

Posted by maggiemee > 2020-04-09 22:41 | Report Abuse

lari kuat kuat

cmloo

158 posts

Posted by cmloo > 2020-04-09 22:56 | Report Abuse

Brent high @ 36.38

Mabel

24,452 posts

Posted by Mabel > 2020-04-09 23:12 | Report Abuse

It's already on the news...

Both Russia and Saudi agree to cut 20 million barrel per day.

Oil Spike 12 %...

Tomorrow I expect all O&G counters will explode...

Meow....

up88up

598 posts

Posted by up88up > 2020-04-09 23:16 | Report Abuse

Meow, I can’t sleep

gemfinder

6,880 posts

Posted by gemfinder > 2020-04-09 23:17 | Report Abuse

Posted by gemfinder > Apr 9, 2020 11:13 PM | Report Abuse X

Oil gave up all the gains la.. sleeping ka

tkl88

8,712 posts

Posted by tkl88 > 2020-04-10 00:26 | Report Abuse

Wow, Congratulations to you all guys who is still keep tight tight & Sailang Armada at current low price !
Good news from the OPEC+ meeting which the output cut was Deal and the oil price then was spike up sharply!

As at ‬12.13am,
Nymex => $26.02 ‪(+0.93) (+3.71%)‬
Brent => $33.86 ‪(+1.02) (+3.11%)‬

tkl88

8,712 posts

Posted by tkl88 > 2020-04-10 00:55 | Report Abuse

Russia and Saudi Arabia agree deal on oil output cuts: Report
OPEC members are on Thursday set to discuss 'deep cuts' of up to 20 million barrels per day
By MEE and agencies
Published date: 9 April 2020 14:40 UTC
Last update: 18 min 21 sec ago

https://www.middleeasteye.net/news/russia-and-saudi-arabia-agree-deal-oil-output-cuts

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