Posted by Macgyver11 > 2020-06-18 18:39 | Report Abuse

**next month

Posted by power88 > 2020-06-18 18:58 | Report Abuse

Oil price up , tmr oil share up

Posted by Trapps > 2020-06-18 20:18 | Report Abuse

It drop lo..notup...haha..funny

Posted by Macgyver11 > 2020-06-18 21:08 | Report Abuse

Not drop..it is fluctuating. This is normal as nothing can go straight to uptrend immediately, must have fluctuation. Oil strong at 39 - 40. Check the oil data you can see it clearly. India/China working hard and almost at the edge of discovering covid vaccine...matter of time. Recently, kind of steroid drugs found effective to treat covid patients. Soon there will be easing traveling restrictions.

Posted by KAQ4468 > 2020-06-19 09:42 | Report Abuse

Hibiscus ...KNM ... Armada


Terbang pergi bulan



Hahahaha


Audi mari .... Bungalow mari ... New wife mari ....

Posted by KAQ4468 > 2020-06-19 09:42 | Report Abuse

stay cool .... stay invest

Posted by stainlyho37 > 2020-06-19 09:43 | Report Abuse

oil broke and stay above USD40 will bullish to USD47...Armada..collection still going on till 0.27..just buy and look for 0.35 in near term....

Posted by Macgyver11 > 2020-06-19 09:54 | Report Abuse

Good startup. Brent is rising as same as O&G counters. Good bargain now don't miss the boat.

Posted by Macgyver11 > 2020-06-19 10:01 | Report Abuse

Our Armada battleship will only stop @ 0.30 to replenish...

Posted by TAK1 > 2020-06-19 11:11 | Report Abuse

You have a few indian warships in straits of melaka what is the chance of u collecting your cash if war starts in your area.sold all at barakah armada just now. 21 JUNE DOESNT BODE WELL FOR THE WORLD.

Posted by skygazer > 2020-06-19 11:44 | Report Abuse

hahaha... seems like some are upset by uprise

Posted by bullrun1985 > 2020-06-19 11:50 | Report Abuse

oil stock no power

Posted by chtan82 > 2020-06-19 15:39 | Report Abuse

https://oilprice.com/Latest-Energy-News/World-News/OPEC-Confident-Its-Members-Will-Reach-100-Compliance.html

Posted by oilwaterman > 2020-06-19 16:14 | Report Abuse

brent at 42.54 now. https://www.tradingview.com/symbols/FX_IDC-USDBRO/

Posted by oilwaterman > 2020-06-19 16:20 | Report Abuse

brent is steadily rising 41.88 since 1200 hrs. now at 42.56

Posted by Trapps > 2020-06-19 16:28 | Report Abuse

Anyways brent oil up doesnt have much affect on malaysia oil tradw counter at all....so dun put too much hope..who know tonight slump lower again..

Posted by stainlyho37 > 2020-06-19 16:34 | Report Abuse

WTI also above US40 now......!!

Posted by Mabel > 2020-06-19 18:58 | Report Abuse

Meow Meow Meow

Posted by oilwaterman > 2020-06-19 20:13 | Report Abuse

COLUMN-Oil prices no longer especially cheap after strong rally: Kemp

(John Kemp is a Reuters market analyst. The views expressed are his own)

By John Kemp

LONDON, June 19 (Reuters) - Oil prices are no longer particularly cheap by historical standards.

Perceptions about prices tend to be over-influenced by recent experience so current prices feel very low to producers used to receiving $60-80 per barrel over the 2018/19 period.

But over a longer time horizon, current prices are not especially cheap, and are only a little below long-run averages over the last few price cycles.

Current Brent prices at just over $40 per barrel are in the 49th percentile for all months since 1988, after adjusting for U.S. inflation (tmsnrt.rs/2V1lJea).

If prices were to settle at this level through the end of the year, the annual average would be just over $40, compared with an inflation-adjusted median of $50-55 since 1973.

The strong rally since April is a sign crude traders are confident about a sustained rebound in consumption over the rest of this year and that OPEC+ and U.S. shale producers will restrain output until excess stocks are absorbed.

As a result, the balance of risks has become more symmetrical than it was two months ago, when prices were clearly unsustainably low, which likely explains why the rally has lost some momentum over the last two weeks.

If the economic recovery and resumption in fuel demand proves more protracted, shale output does not fall as much as expected, or OPEC+ cohesion frays, price could pull back again.

But if a more optimistic scenario is realised (strong economic recovery, limited shale production, continued OPEC+ cohension), prices might continue to rise towards their pre-pandemic level of $55 or even $65 per barrel.

Posted by tkl88 > 2020-06-19 21:28 | Report Abuse

Wow, Amazing !
Oil price spike up crazily !

As at 9.28 pm,
Nymex=> $40.20 ‪(+1.36) (+3.50%)‬
Brent => $42.61 ‪ (+1.10) (+2.65%)‬

Posted by Teleboy > 2020-06-19 23:12 | Report Abuse

Why malaysia oil stock didn’t follow the oil price today?

Posted by apanama > 2020-06-20 07:23 | Report Abuse

before happily digesting Brent crude oil price..please happily digesting Dollar Index (DXY Index) graph too..then you will 'berhati hati' di jalan raya..:)..happy investing..happy punting..happy betting..happy collecting...i am happy with my new wife after already dispose Armada at 25 sen..for those who still hoping it breakthru until 35-50sen..GOOD LUCK and i wish all the best..

Posted by Mabel > 2020-06-20 13:36 | Report Abuse

Thank you Apanama..

Meow Meow Meow

Posted by Mabel > 2020-06-21 12:39 | Report Abuse

https://oilprice.com/Energy/Energy-General/JP-Morgan-Predicts-100-Oil....

JP Morgan Predicts $100 Oil
By Irina Slav - Jun 19, 2020, 9:00 AM CDT
JP Morgan's head of oil and gas research for EMEA: The reality is the chances of oil going toward $100 at this point are higher than three months ago.
The current situation is fundamentally no different, according to JP Morgan's analyst, who expects the oil market to swing into a deficit sometime in 2022.
21/06/2020 12:38 PM

Posted by Macgyver11 > 2020-06-21 16:20 | Report Abuse

https://finance.yahoo.com/news/big-oil-turnaround-negative-prices-060000227.html

Posted by bullrun1985 > 2020-06-21 16:56 | Report Abuse

Biggest joke in century

Posted by Friendship > 2020-06-22 00:00 | Report Abuse

This week high chance to cross 0.30

Posted by Cheo219305 > 2020-06-22 08:27 | Report Abuse

Hopefully....

Posted by yohashama > 2020-06-22 09:26 | Report Abuse

How come the price is going down?

Posted by Yuming > 2020-06-22 10:54 | Report Abuse

In collecting position,,,, be patient....

Posted by stainlyho37 > 2020-06-22 13:58 | Report Abuse

yes..long enough at this prices...a sudden jump up.?..just watch it....

Posted by bullrun1985 > 2020-06-22 16:22 | Report Abuse

IDSS coming back

Posted by lversoncylee > 2020-06-22 16:29 | Report Abuse

IDSS coming back , good can go more higher liao

Posted by KAQ4468 > 2020-06-22 16:31 | Report Abuse

got confirmation already kah IDSS suspended will be lifted ?

Posted by nasrulfahmi > 2020-06-22 16:47 | Report Abuse

in armada i put on trust

Posted by Mabel > 2020-06-22 20:44 | Report Abuse

Soon we will see JC and the Geng..:)

,Meow

Posted by Mabel > 2020-06-22 21:12 | Report Abuse

Actually I'm looking forward to have IDSS..

Without IDSS, the highest 27.5 sen

With IDSS it can go as high as 55.5..

The operator need their capital and volumes to push the ship high..

Meow

Posted by Mabel > 2020-06-22 21:13 | Report Abuse

We retailers alone not enough volumes to push this ship to the next level..

Meow

Posted by mf > 2020-06-23 08:35 | Report Abuse

Oil jumps more than 1%, settles above $40 for first time since March

Posted by xuxu > 2020-06-23 14:32 | Report Abuse

Oil price stable at USD43, but didnt reflect to any oil stocks. Oil price down all follow

Posted by bullrun1985 > 2020-06-23 15:37 | Report Abuse

oil price keep going up, shares price mcm bangkai

Posted by apanama > 2020-06-24 09:03 | Report Abuse

this company debts high..price going up from 10sen to 25-28sen is good enough already..dont expect its going up so much within this virus pandemic. People lost job..towkey dont have much cash..people go back to basic. So..takes time to push to high level above 35-55sen eventhough oil price push to USD 45. If stockist push to 35-55sen..who want to buy at 35-55sen ..then those who buy at 35-55sen at what price they want to exit. End up hold 2-3 years.

This era people want to untung kuat within 6-8months. :)..

So all the best. As for me..i am waiting at 10-13sen back.

Posted by stainlyho37 > 2020-06-24 11:28 | Report Abuse

seeing 0.24 the collection point now...another round pushing comming soon ??.0.275...0.305

Posted by bullrun1985 > 2020-06-24 13:25 | Report Abuse

"With contracts canceled and debts mounting, offshore oil drillers face another shakeout"

https://www.investing.com/news/commodities-news/with-contracts-canceled-and-debts-mounting-offshore-oil-drillers-face-another-shakeout-2210545

Posted by oilwaterman > 2020-06-24 14:43 | Report Abuse

crude up, oil stocks not up
crude falls, oil stocks fall. wtf

Posted by apanama > 2020-06-25 00:09 | Report Abuse

Come on Armada..Please come back to papa at 10sen-0,135sen. Jangan marah mabel. :)

Posted by oilwaterman > 2020-06-25 00:35 | Report Abuse

crude fall below 40. tomorrow all hell breaks loose

Posted by apanama > 2020-06-25 00:39 | Report Abuse

Crude will loss about USD 5 dollar to 10 dollar depending on how strong DXY Index push until November election. Dont be surprise crude will touch back USD 30..:) One thing for sure.. Brent Crude oil has difficulty to break USD 45.

Posted by bombombominvest > 2020-06-25 08:40 |

Post removed.Why?

Posted by June June > 2020-06-25 11:15 | Report Abuse

Armada can keep buy short term ? i holding some ..