Posted by Invest123 > 2022-02-09 10:27 | Report Abuse

Think twice to open the border!

Posted by Invest123 > 2022-02-09 10:29 | Report Abuse

U turn

Posted by Invest123 > 2022-02-10 16:06 | Report Abuse

Bad news?

Posted by DCang Akino > 2022-02-12 08:19 | Report Abuse

Good news . Brent Oil future up again, closed at: 95.05 . New height ! Next Monday Penergy sure starts with a big... big.... big...... bang liao lah !

Posted by bullmarket1628 > 2022-02-12 08:47 |

Post removed.Why?

Posted by bullmarket1628 > 2022-02-12 10:28 | Report Abuse

Oil price soars 3% to 7-yr highs on Ukraine jitters, tight supplies
Saturday, 12 Feb 2022 6:40 AM MYT

https://www.thestar.com.my/business/business-news/2022/02/12/oil-price-soars-3-to-7-yr-highs-on-ukraine-jitters-tight-supplies

Posted by bullmarket1628 > 2022-02-12 10:28 | Report Abuse

NEW YORK: Oil prices ended 3% higher on Friday at fresh seven-year highs as escalating fears of an invasion of Ukraine by Russia, a top energy producer, added to concerns over tight global crude supplies.
Russia has massed enough troops near Ukraine to launch a major invasion, Washington said, as it urged all U.S. citizens to leave the country within 48 hours.

Britain also advised its nationals to leave Ukraine as Prime Minister Boris Johnson impressed the need for NATO allies to make it absolutely clear that there will be a heavy package of economic sanctions ready to go, should Russia invade Ukraine.
Brent crude futures settled US$3.03, or 3.3%, higher at $94.44 a barrel, while U.S. West Texas Intermediate crude rose $3.22, or 3.6%, to $93.10 a barrel.

Both benchmarks touched their highest since late 2014, surpassing the record highs hit on Monday, and posted their eighth consecutive week of gains on growing concerns about global supplies as demand recovers from the coronavirus pandemic.
Trading volumes spiked in the last hour of trading, with volumes for global benchmark Brent climbing to their highest in more than two months.
"The market doesn't want to be short going into the weekend... if an invasion appears to be imminent and you know that there will be retaliatory sanction that will result in a disruption in natural gas and oil supplies," Andrew Lipow, president of Lipow Oil Associates in Houston.
The International Energy Agency raised its 2022 demand forecast and expects global demand to expand by 3.2 million barrels per day (bpd) this year, reaching an all-time record 100.6 million bpd.
The energy watchdog's report follows the Organization of the Petroleum Exporting Countries' warning earlier this week that world oil demand might rise even more steeply this year on a strong post-pandemic economic recovery.
The IEA added that Saudi Arabia and the United Arab Emirates could help to calm volatile oil markets if they pumped more crude, adding that the OPEC+ alliance produced 900,000 bpd below target in January.
The two OPEC producers have the most spare production capacity and could help to relieve dwindling global oil inventories that have been among factors pushing prices towards $100 a barrel, deepening inflation worldwide.
The Biden administration responded to high prices by again stating this week that it has been talking with large producers about more output, as well as the possibility of additional strategic releases from large consumers, as it did late last year.
Indirect U.S.-Iran nuclear talks resumed this week after a 10-day break. A deal could see the lifting of sanctions on Iranian oil and ease supply tightness.
In the United States, drillers added the most oil rigs in a week in four years, with the rig count, an indicator of future production, rising 19 to 516, its highest since April 2020, energy services firm Baker Hughes Co said.- Reuters

Posted by DCang Akino > 2022-02-13 16:45 | Report Abuse

both Pudin and Biden tried to talk and settle..... but unluckily, it seems like chicken talk to duck.....

Posted by wakarimas > 2022-02-13 17:02 | Report Abuse

dont think will fight

Posted by DCang Akino > 2022-02-14 08:44 | Report Abuse

They wouldn't fight but what we worry is some naughty boys play firecracker ignite go off fire ..... Whatever happen petrol gas supply to Europe sure seriously affected.

Posted by bullmarket1628 > 2022-02-15 07:02 |

Post removed.Why?

Posted by bullmarket1628 > 2022-02-15 12:29 |

Post removed.Why?

Posted by Invest123 > 2022-02-16 11:42 | Report Abuse

Game over

Posted by bullmarket1628 > 2022-02-17 18:18 | Report Abuse

World’s Most-Important Oil Price Tops $100, Signals More to Come
https://www.bloomberg.com/news/articles/2022-02-16/world-s-most-important-oil-price-just-took-out-100-a-barrel

By Alex Longley+Follow
February 17, 2022, 3:52 AM GMT+8

Posted by bullmarket1628 > 2022-02-17 18:18 | Report Abuse

Forget the futures market, the world’s most important oil price just smashed through $100 a barrel with every sign it is going to push higher. 
Dated Brent, the price of cargoes bought and sold in the North Sea, reached $100.80 a barrel on Wednesday for the first time since 2014, according to S&P Global Platts, the company that publishes the marker. Price spreads in the futures market are pointing to one the tightest markets ever.....

Posted by sarawakian63 > 2022-02-18 09:49 | Report Abuse

>RM 1 PM must change? Change to Tun M or Anwar?

Posted by DCang Akino > 2022-02-18 20:57 | Report Abuse

Just Announced: Interim Dividend 2 cents ! Latest EPS: 3.91 C

Posted by DCang Akino > 2022-02-19 08:32 | Report Abuse

This coming Monday sure starts with a bang !

Posted by cckiong > 2022-02-19 10:14 | Report Abuse

https://www.theedgemarkets.com/article/petra-energy-posts-1965-rise-4q-net-profit-amid-4132-decline-revenue

Posted by Unfair > 2022-02-20 07:15 | Report Abuse

QR, dividend > Hibiscus why not share price?

Posted by bullmarket1628 > 2022-02-22 09:51 |

Post removed.Why?

Posted by bullmarket1628 > 2022-02-22 10:29 | Report Abuse

Putin orders Russian troops to Ukraine after recognising breakaway regions
By Andrew Osborn and Dmitry Antonov
22-2-2022

https://www.reuters.com/markets/europe/kremlin-says-no-concrete-plans-summit-with-biden-over-ukraine-2022-02-21/

MOSCOW, Feb 21 (Reuters) - Russian President Vladimir Putin ordered the deployment of troops to two breakaway regions in eastern Ukraine after recognising them as independent on Monday, accelerating a crisis the West fears could unleash a major war.
A Reuters witness saw tanks and other military hardware moving through the separatist-controlled city of Donetsk after Putin issued a decree recognising the breakaway regions and told Russia's defence ministry to send in forces to "keep the peace".
The moves drew U.S. and European condemnation and vows of new sanctions although it was unclear whether it was Putin's first major step toward a full-scale offensive in Ukraine that Western governments have warned about for weeks.
A senior U.S. official said the deployment to breakaway enclaves already controlled by separatists loyal to Moscow did not yet constitute a "further invasion" that would trigger the harshest sanctions, but that a wider military campaign could come at any time.
There was no word on the size of the force Putin was dispatching, but the decree said Russia now had the right to build military bases in the breakaway regions.
In a lengthy televised address packed with grievances against the West, a visibly angry Putin described Ukraine as an integral part of Russia's history and said eastern Ukraine was ancient Russian lands.
Russian state television showed Putin, joined by Russia-backed separatist leaders, signing a decree recognising the independence of the two Ukrainian breakaway regions - the self-proclaimed Donetsk People's Republic and the Lugansk People's Republic - along with agreements on cooperation and friendship.
Defying Western warnings against such a move, Putin had announced his decision in phone calls to the leaders of Germany and France earlier, the Kremlin said.
Moscow's action may well torpedo a last-minute bid for a summit with U.S. President Joe Biden to prevent Russia from invading Ukraine, which the senior U.S. official said was now in doubt.
Oil jumped to a seven-year high, safe-havens currencies like the yen rallied and U.S. stock futures dived as Europe's eastern flank stood on the brink of war. The rouble
extended its losses as Putin spoke, at one point sliding beyond 80 per dollar.
Ukrainian President Volodymyr Zelenskiy, who received a solidarity call from Biden, accused Russia of wrecking peace talks and ruled out territorial concessions in an address to the nation early on Tuesday.
Biden, who also spoke to French President Emmanuel Macron and Germany Chancellor Olaf Scholz, quickly signed an executive order to halt all U.S. business activity in the breakaway regions and ban import of all goods from those areas.
White House spokesperson Jen Psaki said the measures were separate from sanctions the United States and its allies have been readying if Russia invades Ukraine.
U.S. Secretary of State Antony Blinken said the executive order "is designed to prevent Russia from profiting off of this blatant violation of international law."
The U.N. Security Council was due to meet publicly on Ukraine at 9 p.m. EST Monday (0200 GMT on Tuesday), a Russian diplomat said, following a request by the United States, Britain and France.
German Chancellor Olaf Scholz's spokesman said Germany, France and the United States had agreed to respond with sanctions, while British Foreign Minister Liz Truss said Britain would announce new sanctions on Tuesday.
NATO Secretary-General Jens Stoltenberg accused Russia of "trying to stage a pretext" for a further invasion. Russia annexed Crimea from Ukraine in 2014.
In his address, Putin delved into history as far back as the Ottoman empire and as recent as the tensions over NATO's eastward expansion. His demands that Ukraine drop its long-term goal of joining the Atlantic military alliance have been repeatedly rebuffed by Kyiv and NATO states.
With his decision to recognise the breakaway regions, Putin brushed off Western warnings.
"I deem it necessary to make a decision that should have been made a long time ago - to immediately recognise the independence and sovereignty of the Donetsk People's Republic and the Lugansk People's Republic," Putin said.
A French presidential official said the speech "mixed various considerations of a rigid and paranoid nature".

Posted by bullmarket1628 > 2022-02-22 10:31 | Report Abuse

DIPLOMATIC WINDOW NARROWS
Putin has for years worked to restore Russia's influence over nations that emerged after the collapse of the Soviet Union, with Ukraine holding an important place in his ambitions.
Russia denies any plan to attack its neighbour, but it has threatened unspecified "military-technical" action unless it receives sweeping security guarantees, including a promise that Ukraine will never join NATO.
Recognition of the separatist-held areas will narrow the diplomatic options to avoid war, since it is an explicit rejection of a seven-year-old ceasefire mediated by France and Germany.
Separately, Moscow said Ukrainian military saboteurs had tried to enter Russian territory in armed vehicles leading to five deaths, an accusation dismissed as "fake news" by Kyiv.
Those developments fit a pattern repeatedly predicted by Western governments, who have accused Russia of preparing to fabricate a pretext to invade by blaming Kyiv for attacks and relying on pleas for help from separatist proxies.
Washington says Russia has massed a force numbering 169,000-190,000 troops in the region, including the separatists in the breakaway regions, and has warned of invasion at any moment.

Posted by DCang Akino > 2022-02-22 10:34 | Report Abuse

" Yo Ho Ho ooo.... , and a bottom of drum ! " ( Treasure Island )

Posted by DCang Akino > 2022-02-23 08:24 | Report Abuse

18-2-22 North Sea Brent Crude Oil: 98.95 ! Up, Up, Horray !

Posted by bullmarket1628 > 2022-02-24 12:26 |

Post removed.Why?

Posted by bullmarket1628 > 2022-02-24 12:33 |

Post removed.Why?

Posted by bullmarket1628 > 2022-02-24 13:11 |

Post removed.Why?

Posted by I_like_dividend > 2022-02-24 13:52 | Report Abuse

Brent >USD 100.

Posted by virginvin > 2022-02-24 23:16 | Report Abuse

is time to harvest this counter

Posted by DCang Akino > 2022-02-25 01:02 | Report Abuse

Now Brent Crude oil : 103.47 liao !

Posted by DCang Akino > 2022-02-28 09:07 | Report Abuse

North Sea Brent Crude Oil now : 105.29 !

Posted by DCang Akino > 2022-03-01 07:55 | Report Abuse

Brent Crude Oil rising every day ; Penergy price on the contrary hovering down. It is funny ?

Posted by Zolan2020 > 2022-03-02 02:05 | Report Abuse

tomolo can fly la

Posted by ddm1312 > 2022-03-02 02:11 | Report Abuse

look at oil price, sure fly

Posted by ddm1312 > 2022-03-02 02:11 | Report Abuse

if you looking at another stock to hedge, click on my profile

Posted by DCang Akino > 2022-03-02 08:25 | Report Abuse

North Sea Brent Crude oil closed at : 107.65 ! Now sure fry and fly !

Posted by DCang Akino > 2022-03-02 10:13 | Report Abuse

1312： How about Deleum， oil and gas stock.

Posted by DCang Akino > 2022-03-02 10:55 | Report Abuse

Brent oil : 110.95 now !

Posted by DCang Akino > 2022-03-02 21:28 | Report Abuse

Brent Crude Oil May future : 113.78 !

Posted by bullmarket1628 > 2022-03-03 06:43 |

Post removed.Why?

Posted by DCang Akino > 2022-03-03 10:10 | Report Abuse

Brent Crude Oil : 118.20

Posted by DCang Akino > 2022-03-03 16:13 | Report Abuse

Brent Crude Oil : 119.78 liao !

Posted by DCang Akino > 2022-03-07 08:52 | Report Abuse

Brent Oil May future : 130.20 liaolah !

Posted by DCang Akino > 2022-03-08 08:04 | Report Abuse

Brent Oil spike sharply, but, Penergy on the contrary drops terribly . It's time to collect cheap cheaplah. Comrade !

Posted by bullmarket1628 > 2022-03-09 07:31 | Report Abuse

Biden announces ban on Russian oil imports, calling it 'Putin's price hike'
March 8, 2022, 9:43 PM +08�/�Updated�March 9, 2022, 2:25 AM +08
By Kristen Welker, Peter Alexander and Rebecca Shabad
https://www.nbcnews.com/politics/politics-news/us-ban-russian-oil-imports-rcna19119

WASHINGTON ? President Joe Biden announced Tuesday that the U.S. will target "the main artery of Russia's economy" by banning the import of Russian energy products.
"We're banning all imports of Russian oil and gas and energy," Biden said in remarks from the White House. "That means Russian oil will no longer be acceptable at U.S. ports and the American people will deal another powerful blow to Putin's war machine."

The president warned that the move would probably increase gas prices in the U.S., but that it was necessary to ramp up sanctions pressure on Russia's economy for its war on Ukraine.�
?Putin's war is already hurting American families at the gas pump," Biden said. "I?m going to do everything I can to minimize Putin's price hike here at home.?
Biden's language clearly anticipated a concerted Republican effort to blame him directly for the rise in gas prices, which hit a record in the U.S. on Tuesday. With gas prices certain to become a huge political issue in this year's midterm elections, Biden devoted much of his remarks to focusing American anger directly on Putin, while also encouraging U.S. energy companies to produce more domestic oil.
The president said the U.S. had made the decision to ban Russian energy products "in close consultation" with allies around the world, particularly in Europe. He said many of those partners may not be able to take the same action.
"The United States produces far more oil domestically than all of Europe," said Biden, who said the U.S. is a net exporter of energy. "We can take this step when others cannot, but we're working closely with Europe and our partners to develop a long-term strategy to reduce their dependence on Russian energy as well."

Posted by bullmarket1628 > 2022-03-09 08:26 | Report Abuse

Oil surges as U.S. bans Russian crude, Britain to phase out purchases
By Shariq Khan. 9-3-2022

https://www.reuters.com/business/oil-see-saws-near-14-yr-highs-us-weighs-russia-oil-embargo-2022-03-08/

BENGALURU, March 8 (Reuters) - Oil prices settled around 4% higher on Tuesday as the United States banned Russian oil imports and Britain said it will phase them out by year end, decisions expected to further disrupt the global energy market where Russia is the second-largest exporter of crude.
Oil prices have surged more than 30% since Russia invaded Ukraine, and the United States and other countries imposed a raft of sanctions. Russian oil and gas exports were already being shunned before the ban as traders sought to avoid running afoul of future sanctions.
U.S. President Joe Biden announced a ban on Russian oil and other energy imports. Britain said it will phase out the import of Russian oil and oil products by the end of 2022, giving the market and businesses time to find alternatives.

Brent crude futures settled at $127.98 a barrel, 3.9% higher, while U.S. crude futures settled at $123.70 a barrel, a 3.6% increase.

Russia ships 7 million to 8 million barrels per day of crude and fuel to global markets. European allies are not expected to join the United States in the ban, but major buyers there are already shunning Russian oil. Shell, the one notable major that did buy Russian crude, faced a torrent of criticism, including from Ukraine's foreign minister. On Tuesday, Shell said it would no longer buy Russian oil.
The disruption could ripple through other energy markets, as Russian oil and products are used for refining into other goods...

Posted by DCang Akino > 2022-03-09 11:51 | Report Abuse

Brent Oil : 131.53 liao !

Posted by virginvin > 2022-03-09 15:29 | Report Abuse

Brent oil: 150
penergy: 0.88
hibiscus: 1.50

despair

Posted by virginvin > 2022-03-09 15:32 | Report Abuse

when I buy in 0.91
hibiscus are 1.22