Posted by Kawkaw > 2020-04-02 02:27 | Report Abuse

This round can hit 12.80
No get no woman no cry

Posted by masterus > 2020-04-05 21:36 | Report Abuse

Brent crude rebounded to $34 per barrel

Posted by RedEagle > 2020-04-05 23:29 | Report Abuse

https://www.tadawul.com.sa/wps/portal/tadawul/markets/equities?locale=en

Posted by tkl88 > 2020-04-09 07:04 | Report Abuse

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

Posted by tkl88 > 2020-04-09 07:06 | 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%)‬

Posted by tkl88 > 2020-04-09 07:12 | 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

Posted by masterus > 2020-04-10 09:16 | Report Abuse

MELBOURNE/SINGAPORE: Oil prices rose on Thursday on expectations the world's largest oil producers would agree to cut production at a meeting later in the day as the industry grapples with a coronavirus-driven collapse in global oil demand.

Brent crude futures rose 1.2%, or 41 cents, to $33.25 a barrel as of 0529 GMT. The contract rose to an intra-day high of $33.90, climbing for a second day.

Posted by gsi723 > 2020-04-13 16:17 | Report Abuse

this could be the only O&G that least impacted ...

Posted by masterus > 2020-04-20 09:25 | Report Abuse

Wti crude : $14.70 per barrel.
Brent crude : $26.90 per barrel.

Posted by masterus > 2020-04-20 09:29 | Report Abuse

Which crude oil do you want to buy.
As consumers, will buy cheaper one.
If home production one is expensive than imported one. Import crude oil better or use the home made production better. Guess what.

Posted by tkl88 > 2020-04-23 08:07 | Report Abuse

Wow, Fantastic ! Dow Jones spike up to
closed at=> 23,475.82 (+456.94) (+1.99 percent) !

Posted by tkl88 > 2020-04-23 08:09 | Report Abuse

Wow, Fantastic,
Oil price started it’s bull run again !

Nymex closed at=> $13.78 (rose +19%)
Brent closed at=> $20.37 (rose +5%)

Posted by tkl88 > 2020-04-23 08:12 | Report Abuse

International oil prices rebound following Trump warning

April 22, 2020 8:09 pm by Myles McCormick and Joe Rennison in London, Hudson Lockett in Hong Kong and Matthew Rocco in New York

Brent bounces back from two-decade low after US president takes aim at Iranian vessels

Oil prices rebounded on Wednesday after Donald Trump stoked Middle East tensions, saying that he had ordered US warships to “shoot down and destroy” Iranian vessels if they posed a threat.
The US president’s intervention sent Brent crude back above $20 a barrel after the international benchmark had tumbled to its lowest level since 1999 on concerns over the collapse in global oil demand.
The declaration from Mr Trump also helped buoy the high-yield bond market, which is heavily exposed to the fate of energy companies. BlackRock’s iShare high-yield bond exchange traded fund, known by its ticker HYG, rose 1 per cent, having dipped 1.8 per cent on Tuesday.

“I have instructed the United States Navy to shoot down and destroy any and all Iranian gunboats if they harass our ships at sea,” Mr Trump wrote in a tweet.
The prospect of renewed tensions in the Middle East gave crude a lift during a week where prices have struggled to contend with an evaporation in demand triggered by the coronavirus pandemic.

Brent rose as high as $22.45 a barrel and settled at $20.37, up more than 5 per cent on the day. The energy sector helped lead a rally on Wall Street that sent the benchmark S&P 500 up 2.3 per cent following two days of falls. The tech-heavy Nasdaq Composite closed up 2.8 per cent.
West Texas Intermediate, the US marker, rose 19 per cent to $13.78 a barrel. It almost halved during the previous session and earlier in the week fell into negative territory for the first time as producers were forced to pay buyers to take oil off their hands ahead of the expiry of futures contracts.

Brent crude remains down about 27 per cent so far this week. Oil production levels have remained robust even as the virus destroys demand, creating a supply glut. An unprecedented cut of almost 10 per cent of global supply by Opec and its allies will take effect next month, but traders worry it is not enough to offset the collapse in consumption.
The head of the International Energy Agency on Tuesday called for the output reductions to be expedited and deepened. Opec members met by phone overnight, but there was no sign they would change their plans.

Posted by tkl88 > 2020-05-09 12:41 | Report Abuse

Wow, Awesome !
Dow Jones closed at = > 24,331.32 (+455.43) (+1.91 %)

Posted by tkl88 > 2020-05-09 12:42 | Report Abuse

Wow, Fantastic !
Oil price continue to spike up to sky high!

Nymex closed at => $24.62 (+1.07) (+4.54 %)
Brent closed at => $30.88 (+1.42) (+4.82 %)

Huat ah ! Heng ah ! Ong ah !

Posted by mikeazk > 2020-05-12 20:32 | Report Abuse

Anybody have idea why last 15 min the PETGAS price drop from 14.96 straight to 14.84, without even going thru 14.94, 14.92... etc?

Posted by mf > 2020-05-18 20:42 | Report Abuse

Oil jumps 9% to $32 as June futures contract nears expiration

Posted by waikee > 2020-05-19 10:01 | Report Abuse

oil 30 usd now

Posted by RezekiBanyak > 2020-05-21 11:17 | Report Abuse

KLCI fail to beakthrough 1450 today, tmr all drop before long week end

Posted by newcomer1388 > 2020-05-21 13:01 | Report Abuse

why this stupid share so strong

Posted by warrior > 2020-05-21 13:03 | Report Abuse

Huat ah!

Posted by weiyk2004 > 2020-05-21 13:09 | Report Abuse

newcomer1388 stupid as it is not speculative counter for you?

Posted by Kevin Tam > 2020-05-21 15:28 | Report Abuse

What good news to push up so much ??

Posted by masterus > 2020-05-22 06:35 | Report Abuse

Chinese Oil Imports To Rise In 2020 Despite Coronavirus

Despite the low oil demand during the COVID-19 outbreak in China, the world’s top oil importer is set to increase its crude oil imports by 2 percent in 2020

Posted by darkness > 2020-05-28 16:03 | Report Abuse

22. COMMENTARY ON PROSPECTS

last pharagraph....

"The current COVID-19 pandemic is not expected to significantly impact the Group’s overall earnings as the Group’s business model and long-term contracts ensures steady revenue streams, particularly for Gas Processing,Gas Transportation and Regasification business segments"

Petgas will be very defensive during the downturn....

Posted by James Ng > 2020-06-04 21:23 | Report Abuse

https://klse.i3investor.com/blogs/general/2020-06-04-story-h1508011642.jsp
[转贴] [Facebook live video:浅谈Petronas Gas bhd (PetGas)] - James的股票投资James Share Investing

Posted by Lk036 > 2020-06-04 21:29 | Report Abuse

Tis guy james only do reporting

Posted by pontianak > 2020-06-23 22:28 | Report Abuse

Petgas kawan , apa cerita ? Ini boleh jadi rumah teduh masa ribut

Posted by alibaba007 > 2020-06-25 09:50 | Report Abuse

oil up to usd 38 per barrel

Posted by mf > 2020-07-19 12:46 | Report Abuse

U.S. Cases Up 1.4%; New Data on Kids and Contagion: Virus Update
Bloomberg News
19 July 2020, 06:53 GMT+8
Updated on 19 July 2020, 11:52 GMT+8

Posted by ABSBOSS > 2020-08-10 14:13 | Report Abuse

https://www.theedgemarkets.com/article/high-court-grants-petronas-tnb-interim-stay-against-irb-multibillion-tax-claims?type=malaysia

Posted by OldWiseMan100 > 2020-08-12 00:06 |

Post removed.Why?

Posted by sour_grape_so_sour > 2020-08-12 07:42 | Report Abuse

utiity also down

MPI posibility speculation only

Posted by signalmw > 2020-08-17 09:57 | Report Abuse

Foreigner back quite

Posted by ABSBOSS > 2020-08-17 19:02 | Report Abuse

good for blue chip if FI coming

Posted by Lychien20 > 2020-08-19 17:48 | Report Abuse

good QR and divident but no ppl goreng. natural gas price up a lot

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2020-08-19 19:32 | Report Abuse

Resilient. Declared a big dividend this qtr.

Posted by ABSBOSS > 2020-08-19 20:50 | Report Abuse

https://www.theedgemarkets.com/article/petgas-2q-net-profit-rises-88-declares-16-sen-dividend?type=malaysia

Posted by chtan33 > 2020-08-20 08:29 | Report Abuse

bumper dividend.... in long term, this is certainly a better stk than gloves, as its position is nearly monopoly, cost of entry is simply too high for any other competitor to come into this field

Posted by ABSBOSS > 2020-08-20 16:21 | Report Abuse

@lychien20 many assume petgas will drop got IB gives price target 12.80 only.. We will see tomolo if special div will attract investor

Posted by Lychien20 > 2020-08-21 08:01 | Report Abuse

yupp, buy before the div ex date then simply earn more than 6%

Posted by david8977 > 2020-08-21 17:56 | Report Abuse

Good dividend

Posted by Beast3 > 2020-08-23 20:33 | Report Abuse

https://klse.i3investor.com/servlets/ptres/56350.jsp

Posted by Beast3 > 2020-08-23 20:35 | Report Abuse

Good dividen. Affim gave high TP also.

Posted by tkl88 > 2020-08-29 08:01 | Report Abuse

Wow, Amazing !
Oil price continue to spike up !
Brent=> $45.87 ‪(+0.27) (+0.59 %) !‬

Posted by Sami_Value > 2020-09-10 15:23 | Report Abuse

Petgas also defensive & dividend yield play but the setback was there is no strong growth catalyst foreseable

Posted by ABSBOSS > 2020-09-11 18:54 | Report Abuse

Petgas maintain today....

Posted by ABSBOSS > 2020-09-16 16:25 | Report Abuse

Oil going to usd 42 hope tomolo ada sikit lompat ini petgas

Posted by ABSBOSS > 2020-09-16 23:57 | Report Abuse

Wah esok good for o

Posted by Shawalrich87 > 2020-09-18 22:28 | Report Abuse

In long term , prospect in this counter look bright ..