Singapore: US oil prices surged Wednesday after a turbulent start to the week that saw them fall below zero for the first time due to a coronavirus-triggered demand shock.
US benchmark West Texas Intermediate for June delivery rose 18.93 per cent to $13.76 a barrel, after suffering heavy falls in New York overnight.
WTI for May delivery on Monday collapsed to an unprecedented low of minus $40.32 as traders scrambled to sell it before the contract expired Tuesday, but could find few buyers with storage capacity fast filling up.
European benchmark Brent crude for June delivery was up 0.98 percent at $19.52 a barrel, after tumbling to an 18-year low the previous day.
@Superbull168 MAY EFFECT = SELL IN MAY n get lost , TP= 50 sen for month May 22/04/2020 10:26 AM
Yes, I'm looking for you to get lost here and all other energy counters you have been barking. In the first place, I'm actually amused why you are still here.
For the Lady Dayang I have set my cut loss at 20%. My average is pretty good.
Whether it is 60 sen, 70 sen, 1.00, 1.20 it does not matter if you know where you are going...you should be selling when Dayang is fully ripe to the right groom.
I'm already on Board on the Gloves Battleships (Hartalega, Top Gloves and Kossan). Yes I agree it has been a Darling to my collections to fight Convid-19.
O&G is not about my battle. It's for everyone including YOU!
Global GDP estimated to be $86 trillion, the oil and gas is around 10% of the global economy. 20% of government revenue in 2020 50 Billion Petronas Capex Each US$1 per barrel increase in oil prices brings the Treasury RM300 million in revenue per year.
Sold everything at 1.12 for ~RM16k profit and swooped in one solid block at 1.09.
This is so unprecedented of me in my 8 years of history as an investor. Recycling the same counter for the fourth time in a row in a span of two months, let alone one year.
@polycarp Mabel is a sweetheart but mata belum buka 22/04/2020 11:23 AM
Dear Poly,
If I have listen to you in TDM (one of my collection of Plantations), I would have missed an excellent opportunity to feed more than 3 billion people over 200 countries. Plantation export revenue RM 67.6 billion (6.1% GDP) of our country...
Remember we are not alone...we have a team of Investors supporting Dayang
Here are the Top Shareholdings
Shareholder Value (M) Naim Holdings Berhad 328.85 Urusharta Jamaah Sdn Bhd 98.51 Datuk Ling Suk Kiong 94.5 Tengku Yusof Bin Tengku Ahmad Shahruddin 85.03 Vogue Empire Sdn Bhd 42.21 Vogue Empire Sdn Bhd 36.77 Joe Ling Siew Loung @ Lin Shou Long 27.18 Joe Ling Siew Loung @ Lin Shou Long 22.98 Lembaga Tabung Angkatan Tentera 16.58 Deutsche Bank AG London 13.2 Ronie Tan Choo Seng 13.09 Ronie Tan Choo Seng 10.32 Tan Boon Ping 8.38 Ram (LUX) Systematic 7.24 Tan Kit Pheng 6.79 UOB Kay Hian Pte Ltd 6.57 FSS Trustee Corporation 6.24 Morgan Stanley & Co. International PLC 5.46 Credit Suisse Securities (Europe) Limited 5.46 CIMB Islamic Dali Equity Fund 5.16 UBS AG 5.05 Ong Lei IM 4.74 Emerging Market Core Equity Portfolio DFA Investment Dimensions Group Inc 4.34 Burhanuddin Bin Md Radzi 3.99
i believe mabel didnt borrow money from those investors who insulted her to invest in stock market.those who attacked her try to be a gentleman..insulting a lady in public due to different opinion doesnt make you wiser .
bojed Sold everything at 1.12 for ~RM16k profit and swooped in one solid block at 1.09.
This is so unprecedented of me in my 8 years of history as an investor. Recycling the same counter for the fourth time in a row in a span of two months, let alone one year. 22/04/2020 11:17 AM
tq bojed for show us how to dive deep n get treasure in "red sea" , U r good !
paktua still have two platoons troops hold below 0.90 their stand to hold until oil back above 35 will take some time..but their willing to hold.. only elite squad play swing here and hold avrge 1.18+ and still 57% ammo need to use if hit their buy call... we do on own Styles..stick with own methods
yaya, can only buy at red,to capture the fear factor discount n sell back quick, on the rebound, at near term resistance, for trading, unless one is loaded n can stay long.
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....
tkl88
8,712 posts
Posted by tkl88 > 2020-04-22 09:56 | Report Abuse
Wow, Nymex price started to spike up like crazy now !
Nymex=> $12.80 (+$1.23) (+10.63%)