OIL MARKET: flags a massive shift in global crude markets, swinging from an oversupply of 21m b/d in April to a deficit in June. Globally, according to the EIA, crude stocks are already shrinking (slowly and from a very high level
O&G start working as normal as before... price will grow back to the previous place... HIBISCUS even BARAKAH all up today... good news to O&G/energy...
Oil prices fell 2% on Thursday on a surge in coronavirus cases that triggered fears of a hit to demand and the latest diplomatic spat between the United States and China, outweighing the benefit of a weaker dollar.
Brent futures fell $1.01, or 2.3%, to $43.28 a barrel, while West Texas Intermediate crude settled 1.98%, or 83 cents, lower at $41.07 per barrel.
@Tkeng nice bro, the most important thing u got the profit. big or small doesn't matter. dont be greedy. anyway, believe me, uzma will go higher n higher. it is about time, now O&G season come back for party. just enjoy the season...
UZMA is a good company. Silent is due to pandemic and no fuel used sentiment. Fundamental is strong, technical is good, manageable and organize company. UZMA will fly soon... very soon ...
@AllYouCanBuy ... yup... if this thing happen, healthcare will affected. lucky took profit last week from glove n mask, cause got sign of O&G ... dont be greedy, enough for healthcare.... im talking to myself... :-)
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Steady Punpipi
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Posted by Steady Punpipi > 2020-07-03 07:40 | Report Abuse
Few months ago this counter outbeat Hibiscus in price ...so need i say more ?