Posted by mf > 2020-04-02 23:13 | Report Abuse

Meanwhile, the Saudi Press Agency reported that Saudi Arabia had called for an urgent meeting of the OPEC+ group of producers "in appreciation of the US president's request".

Posted by aireez > 2020-04-02 23:31 | Report Abuse

CRUDE OIL CRASH TO USD 15 ....
ALA BETUL KA ???

Posted by GoodTrade > 2020-04-02 23:33 | Report Abuse

This Donald Trump is a joker, expecting Saudi n Russia to cut 10 million to 15 million barrels of oil ... hahaha ...

Posted by aireez > 2020-04-02 23:35 | Report Abuse

BELUM AGI .... SIB BEK $24.5 LORRR

Posted by gibsontan > 2020-04-02 23:35 | Report Abuse

desperate situation require desperate solution

Posted by gibsontan > 2020-04-02 23:36 | Report Abuse

saudi and russia would eventually call for meeting to resolve issue

Posted by Kancil4848 > 2020-04-02 23:41 | Report Abuse

Cut 15million barrel is winwin for us saudi russia

Posted by funkyway > 2020-04-02 23:47 | Report Abuse

limit up tomorrow!! finally can make money. always no luck. ini kalilah

Posted by Mabel > 2020-04-03 00:11 | Report Abuse

Meow Meow Meow...

Life is so beautiful...

Meow...

Posted by Baby Shark > 2020-04-03 00:17 | Report Abuse

Hahahaha.. me too meow here cannot sleep..

Posted by Michael Kwok > 2020-04-03 00:19 | Report Abuse

The sharp recovery look possible.Can it reach back the high it's made.

Posted by Michael Kwok > 2020-04-03 00:21 | Report Abuse

OTB missing.Can see SSLee.

Posted by Mabel > 2020-04-03 00:22 | Report Abuse

Meow Baby... I'm too excited to sleep tonight..

Can't wait for tomorrow..

Good night everyone..

Meowwwww...

Posted by Baby Shark > 2020-04-03 00:23 | Report Abuse

Good nite Mabel..

Posted by signalmw > 2020-04-03 00:23 | Report Abuse

沙特条件是 ”世界产油商需要一起减产". 剑指页岩油商和俄罗斯。

Posted by Michael Kwok > 2020-04-03 00:32 | Report Abuse

There Got shark and cat here.Please this is stock market blog.

Posted by Expertise > 2020-04-03 00:46 | Report Abuse

Crude oil usd30 lor...I can’t sleep now

Posted by Investor48 > 2020-04-03 00:56 | Report Abuse

Wednesday sold 40% liaw..
Balance keep till 2.00..

Hehe...

Posted by apolloang > 2020-04-03 01:03 | Report Abuse

1.50 kambing…..,now 1.40 no wanna sell....hehe

Posted by dusti > 2020-04-03 01:14 | Report Abuse

What makes people think crude will have aNYTHING TO DO WITH THE FORTUNES OF CONTRATORS OF PETRONAS LIKE DAYANG, CARIMIN ETC ETC WHEN SPECIFIC JOBS HAVE BEEN AWARDED? THINK VERY CAREFULLY.

Posted by tkl88 > 2020-04-03 01:48 | Report Abuse

Walaeh, Oil price up crazily !
As at 1.47am,
Nymex => $24.56 ‪(+4.25) (+20.93%)‬
Brent => $29.85 ‪(+5.11) (+20.65%)‬

Posted by tkl88 > 2020-04-03 02:13 | Report Abuse

Oil prices surge after Trump claims Russia and Saudi Arabia agree deal - as it happened

https://www.google.com.my/amp/s/amp.theguardian.com/business/live/2020/apr/02/markets-us-jobless-claims-covid-19-economy-recession-coronavirus-business-live

Rolling coverage of the latest economic and financial news as oil prices jump by more than 30% and the US jobless report reveals scale of coronavirus damage
* US president claims oil production cut deal; Russia denies agreement
* US initial jobless claims hit record; 6.6m people signed on last week
* Earlier: One in four UK firms cut staff levels
* Coronavirus – latest updates
* See all our coronavirus coverage

13:11 EDT
Closing summary: Trump sends oil prices rocketing and US jobless claims soar
Donald Trump sent oil markets into an unprecedented buying frenzy on Thursday afternoon, after tweeting that Saudi Arabia and Russia had reached a deal on production cuts.
Russia poured cold water on the details, saying there had been no deal, but it still put oil futures prices on track for the biggest daily rise ever. At the time of writing Brent crude futures prices had gained 22%.
Here are the other important developments from today:
* More than 6.6m Americans filed jobless claims last week, by far the largest number in history and an indication that unemployment could reach a record high. Economists said it was one of the starkest indications yet of the scale of the economic pain already inflicted on the US.
* In the UK, the experimental data from the Office for National Statistics said that a quarter of UK companies are already cutting staffing levels “in the short term” due to the coronavirus crisis.
* British Airways confirmed that it will cut capacity by 90% year-on-year for April and May and furlough 30,000 cabin crew.
* British Gas owner Centrica has joined the ranks of companies cancelling their dividends. It also announced £400m in spending cuts this morning.
* National Express cancelled all of its services across the UK.
And of course you can continue to follow all of our coverage of the coronavirus pandemic.
In the UK, health secretary Matt Hancock says the government has written off £13.4bn of historic NHS debt:

Posted by tkl88 > 2020-04-03 06:02 | Report Abuse

Dow Jones closed at=> 21,413.44 (+469.93) (+2.24%)

Posted by tkl88 > 2020-04-03 06:27 | Report Abuse

Oil surges 35% after Trump says he expects Saudi Arabia and Russia to end their price war
Shalini Nagarajan
Apr. 2, 2020, 05:51 AM

https://www.google.com/amp/s/markets.businessinsider.com/amp/news/oil-prices-jump-trump-comments-on-saudi-arabia-russia-deal-2020-4-1029057828

* Oil prices surged as much as 35% on Thursday after President Donald Trump said he expected Saudi Arabia and Russia to reach a deal that could end their price war and likely mitigate a sharp price collapse.
* Trump said he spoke with leaders in both countries as global demand for oil continues to evaporate while much of the world is in lockdown.
* A Saudi Arabia-Russia pact is expected to scale back a supply surge that led to US oil tumbling to an 18-year low earlier this week.
* Watch oil trade live here.

Oil rallied sharply on Thursday after President Donald Trump said he expected Saudi Arabia and Russia to cut back on oil production to save the drowning oil and gas industry.
Brent crude oil jumped as much as 47%, to $36.29, while West Texas Intermediate crude rose 35%, to $27.39, at intrasession highs. The resource started rallying on Wednesday after Trump first signaled a potential agreement between Saudi Arabia and Russia.
Trump provided different volume estimates in separate tweets, first mentioning a cutback of about 10 million barrels and then suggesting it could be "as high as 15 Million Barrels."
Trump said on Wednesday that he believed a deal would be reached within days. Such a deal is expected to lower production and bring prices back up.
Trump also said he had invited American oil executives to the White House to discuss measures to aid the oil industry, which has been hurt by a slump in demand due to both the coronavirus outbreak and the price war.
The oil strategy meeting would include CEOs from Exxon, Chevron, Occidental Petroleum, Devon Energy, Phillips 66, and Energy Transfer Partners, as well as the former Continental Resources CEO Harold Hamm, according to CNBC.

Posted by Mabel > 2020-04-03 06:34 | Report Abuse

Meow Meow Meow tkl88!

Posted by Mabel > 2020-04-03 06:35 | Report Abuse

@dusti What makes people think crude will have aNYTHING TO DO WITH THE FORTUNES OF CONTRATORS OF PETRONAS LIKE DAYANG, CARIMIN ETC ETC WHEN SPECIFIC JOBS HAVE BEEN AWARDED? THINK VERY CAREFULLY.
03/04/2020 1:14 AM

Good thinking dusti!

Just to add to your list... Serbadk Dinamik, Velesto, KNM and Barakah..

Meow

Posted by Mabel > 2020-04-03 06:36 | Report Abuse

@Michael Kwok There Got shark and cat here.Please this is stock market blog.
03/04/2020 12:32 AM

Meow...

Posted by Mabel > 2020-04-03 06:43 | Report Abuse

@Michael Kwok The sharp recovery look possible.Can it reach back the high it's made.
03/04/2020 12:19 AM

Yes it's very possible. I'm looking at V recovery.

If there's a recession as many have highlighted, it will be a short one with a strong rebound.

Always factor risk with a window between 6 to 12 month to recover your cost and profit.

Whenever possible use extra cash.. No margin calls..

Dayang is one of the counter than you can reap profit at RM level.. It's a good company.

Meow..

Posted by Mabel > 2020-04-03 06:45 | Report Abuse

Like I said earlier, if you can hold, hold

If you want to take profit, do so to improve your holding cost.

Otherwise, see you at RM 3..

Meow..

Posted by Kancil4848 > 2020-04-03 06:51 | Report Abuse

1.50 kambing…..,now 1.40 no wanna sell....hehe


STICK TO YOUR PLAN WHEN VOLATILITY IS HIGH
GREED KILL
REMEMBER ALWALYS GOT TOMMOROW
RR88 ALWALYS A WINNER Bcou stick to master plan

Posted by RedEagle > 2020-04-03 07:17 | Report Abuse

gap up kaunter???

-carimin
-alam
-velesto
-hibiscus
-sapnrg
-dayang
-perdana
-hengyuan
-petronm
-perdana

Posted by ktrader > 2020-04-03 07:38 | Report Abuse

Armada

Posted by Mabel > 2020-04-03 07:47 | Report Abuse

Serba Dinamik

Posted by pang72 > 2020-04-03 07:52 | Report Abuse

Yes. Stick to the plan.
60c kambing.
Chase up chase down... Gambling at genting...

Posted by pang72 > 2020-04-03 07:54 | Report Abuse

Retailers 'see' gap up, it will gap 'down'
Always remember!

Posted by ktrader > 2020-04-03 08:02 | Report Abuse

aye aye chief pang

Posted by signalmw > 2020-04-03 08:10 | Report Abuse

All im

Posted by Lucky81 > 2020-04-03 08:14 | Report Abuse

the worst yet to come

Posted by funkyway > 2020-04-03 08:21 | Report Abuse

money money money coming! so happy. wonder what is the price. should keep or sell?

Posted by Totalpackage > 2020-04-03 08:23 | Report Abuse

Trump is lying again!! Saudi & Russia both denies talks held. Oil price not sustainable!!!!

Posted by pang72 > 2020-04-03 08:26 | Report Abuse

Trump always lie

Posted by 6765791ahq388 > 2020-04-03 08:27 | Report Abuse

Dayang buy now?

Posted by ochai > 2020-04-03 08:33 | Report Abuse

nee noo nee noo...

Posted by funkyway > 2020-04-03 08:34 | Report Abuse

if talks not happening oil price will crash right? i think its okay. havent crash. keep dayang till rm2!!!

Posted by Sonnykwaeh > 2020-04-03 08:36 | Report Abuse

USA biggest OIL PETROLEUM COMPANY ( WHITING PETROLEUM Declared Bankrupt) 1st april ...malaysia oil & Gas yesterday rally is control by the operator ,,, pls walk away to this danger counter . there are so many share can buy ,, Ekovest ,Iwcity ,VS today maybe thier day ...

Posted by pang72 > 2020-04-03 08:43 | Report Abuse

U.S. shale driller Whiting Petroleum Corp. filed for bankruptcy protection on Wednesday, becoming the first sizable fracking company to succumb to the crash in oil prices.

Whiting’s bankruptcy filing comes as many U.S. oil drillers face pressure to meet hefty debt obligations they took out from banks and bondholders to make America into the world’s largest oil and gas producer, as U.S. benchmark crude prices drop to their lowest levels in nearly two decades

Posted by pang72 > 2020-04-03 08:44 | Report Abuse

Let's chase high.. Baby... Hoho!!

Posted by CharlesT > 2020-04-03 08:49 | Report Abuse

chase high n sell low to cut loss ah?

Posted by Sonnykwaeh > 2020-04-03 08:51 | Report Abuse

looks like USA when whole word worry COVID 19 ....he say is a normal flu....yeah today the OIl war just start maybe still early, go make another million before the fire burn evrybody Hand yeah ...GD luck

Posted by Hotwires > 2020-04-03 08:51 | Report Abuse

Too bad those naysayer who missed the boat when Dayang at 80c can't IDSS to frustrated the uptrend. At this price, I don't have to worry if it up and down 10-15cents. Dayang now is well supported at 1.10 and trying to establish new support at 1.20-1.25. As long Dow and Crude didn't crash and make new low, Dayang won't go back to below RM1.