* U.S. crude futures for April rose 92 cents, or 3.7% to $26.14 a barrel. The front-month April contract, which spiked 24% on Thursday, expires later on Friday. * Brent crude futures climbed 57 cents, or 2%, to $29.04 per barrel. Brent rose 14.4% on Thursday in its biggest one-day gain since September.
U.S. crude oil prices rose over $1 on Friday, extending steep gains from the previous session, after U.S. President Donald Trump hinted he may intervene in the price war between Saudi Arabia and Russia at an "appropriate time". Prices were also supported by United States' plans to buy oil for its emergency stockpile, while regulators in the country's largest oil-producing state Texas were reportedly considering curtailing production.
Quarantine is going to over and China almost zero new case reported... After oil price plunged to record lowest below USD $20 plus and KLSE hitting the record lowest of 1,200 plus points, now it’s the beginning of the bull run market in Asian stock markets especially KLSE !
Ayoyoi!!, every counters promoting XOX, must be kena trap kaw kaw at very high price, now no need to promote, so many counters are so cheap, if have holding power for one year, can make profit many times,
@Investsucess Trader Posted by Mabel > Mar 20, 2020 8:33 PM | Report Abuse
Investsuccess
Where have you been?
Meow
I'm here ever day, just to keep low profile to lets those kings and sifus to demostrates and perform. See how long they can boast of their power, 20/03/2020 8:37 PM
BEIJING/SHANGHAI (REUTERS) - China’s coronavirus infections from abroad hit a new daily record while infected travellers reached an unprecedented number of Chinese provinces, pressuring the authorities to hold the bar high on already tough customs rules and public-health protocols. For a second day in a row, China found no domestically transmitted cases of the virus, which is believed to have emerged in a central province late last year, according to new daily figures on the disease, registered on Thursday (March 19). Now the focus is on guarding against cases arriving from abroad as the spread of the coronavirus in Europe and North America sparks a rush home by Chinese expatriates, many of them students, raising fears of a second wave of infections just as China brings its epidemic under control.
Mainland China had 39 new confirmed cases on Thursday, the National Health Commission said, all of them imported. Of the new imported infections, 14 were found in Guangdong, eight in Shanghai and six in Beijing, the health authority said in a statement. Big transport hubs like the capital, Shanghai, Guangdong, including the city Shenzhen, near Hong Kong, have been the main points of entry for the infected travellers. But on Thursday (March 19), imported cases were also reported in the cities of Tianjin, Liaoning, Heilongjiang, Shandong and Gansu in the north, as well as in Zhejiang, Fujian, Guangxi, Sichuan, bringing the total number of imported infections in China to 228.
The commission did not say where the cases were believed to have originated but provincial authorities said some of the travellers had been in Britain, the United States and Spain.
TAK1..thank you for Goldman Sach report article..thats why from beginning i said cannot trust Goldman Sach. When they said USD 20 Dollar thats mean Brent oil will go higher. So now they said USD 30 dollar. So it will go more Higher.
As for me i am stick to my own research whereby during USA Presidential Year, Brent oil will swing upwards within USD 20-30 dollar per barrel.
So based on current situation, Brent Oil will move from USD 27 per barrel to USD 47-57 per barrel. Add on manipulation and people start chasing the contract by another USD 10 per barrel and DXY Index cool off, we will easily see the Brent Oil back to USD 60-70 per barrel.
All the best market warriors. For those who still hope Brent Oil to break USD 20 and below, DREAM ON.
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....
TAK1
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Posted by TAK1 > 2020-03-20 15:55 | Report Abuse
Last call 1 hr Russia opec+ talking v shape to 20