Posted by meadow1628 > 2021-02-02 05:57 |

Post removed.Why?

Posted by MichelleNg > 2021-02-02 06:10 | Report Abuse

waseh....oil price up so much. But hibiscus still below 60cents. Hahaha

Posted by kakiminyak > 2021-02-02 08:12 | Report Abuse

Ini panggil energy stock kah? Tapi energy tadak. Ha ! Ha! Ha !

Posted by meadow1628 > 2021-02-02 09:29 | Report Abuse

Hibiscs lai liao lai liao...
Now aready at 0.55 +0.015 +2.8%

CNY Big Ang Pow mari mari ....
Heng ah, Ong ah, Huat ah !

Posted by Miz Raya Bloom > 2021-02-02 09:51 | Report Abuse

mungkin sbb majority shareholders pegang banyak dan juga fund managers pegang banyak, so susah nak naik

Posted by pea3034 > 2021-02-02 11:28 | Report Abuse

meadow1628 awak siok sendiri sja minyak naik bunga raya tak naik pun jgn siok sendiri

Posted by equisearch_capital > 2021-02-02 11:31 | Report Abuse

Goldman Expects Strong Oil Demand in 2H21

https://markets.businessinsider.com/news/stocks/goldman-expects-oil-demand-to-rebound-to-100-million-bpd-by-august-1030028826

Posted by meadow1628 > 2021-02-02 14:47 |

Post removed.Why?

Posted by hendrycheah > 2021-02-02 15:33 | Report Abuse

Don't know why price can't move, but we are pretty sure with the oil price, financial result is getting better every Qtr..

Posted by micsoh > 2021-02-02 15:58 | Report Abuse

This coming result can't be good, two ship with 35dollar were sell on dec2020, at least have to wait for one more quarter.beside that, last year result base is high, don't think will surplus it.

Posted by meadow1628 > 2021-02-02 18:20 |

Post removed.Why?

Posted by linheng > 2021-02-02 21:19 | Report Abuse

I hope the results come out soon.
Can't be worse than last quater

Posted by BestOne > 2021-02-02 22:25 | Report Abuse

At last... oil price is up, Goldman Sachs predicts in H1 2021, oil proce reaches $65 due to strong demand...

Posted by BestOne > 2021-02-02 22:26 | Report Abuse

https://www.theedgemarkets.com/article/tight-oil-market-first-half-could-push-crude-us65-says-goldman

Posted by Yippy68 > 2021-02-02 22:35 | Report Abuse

dayang up , hengyuan up, hibiscus stay still, why?

Posted by gnail > 2021-02-03 00:24 | Report Abuse

the higher oil price go , the lower hibiscs will go

Posted by BestOne > 2021-02-03 07:16 | Report Abuse

Oil producers and operators are not the same as the contract services to the oil and gas operatprs of the PSC agreement producers... the bulk of the net profit per barrel goes to the PSC contract owners or operators of the oil block.

Posted by meadow1628 > 2021-02-03 07:37 | Report Abuse

Oil price hits highest in a year as producers limit supply
Wednesday, 03 Feb 2021 6:45 AM MY
https://www.thestar.com.my/business/business-news/2021/02/03/oil-price-hits-highest-in-a-year-as-producers-limit-supply

NEW YORK: Oil prices rose 2% on Tuesday, reaching their highest in 12 months after major producers showed they were reining in output roughly in line with commitments.
The global and U.S. crude benchmarks rallied as optimism about more U.S. economic stimulus added to bullishness from OPEC production levels, which rose less than expected in January.
Brent crude settled up US$1.11, or 2%, at $57.46 a barrel, its third straight day of gains. During the session, it touched $58.05, the highest since January last year.
U.S. oil gained $1.21, or 2.3%, to close at $54.76, after hitting a session high of $55.26, the highest in a year.
Both contracts traded higher after the settlement, after the American Petroleum Institute, a trade group, said oil and fuel inventories were lower on the week.
Crude output from the Organization of the Petroleum Exporting Countries rose in January for a seventh month but the increase was smaller than expected, a Reuters survey found.
Voluntary cuts of 1 million barrels per day by OPEC's de facto leader, Saudi Arabia, are to be implemented from the beginning of February through March.
Russian output increased in January, in line with the OPEC+ pact, while in Kazakhstan, oil volumes fell for the month.
The rally picked up steam as the U.S. Congress looked ready to adopt an economic stimulus package, and as cold U.S. weather boosted heating oil demand.
"You got the U.S. economic stimulus package that no one thought we would get," said Bob Yawger, director of energy futures at Mizuho in New York.
The Democratic-led U.S. House of Representatives prepared to take the first step forward on President Joe Biden's $1.9 trillion COVID-19 relief package.
A cold snap and heavy snow in the U.S. Northeast drove the margin for heating oil to an 8-month high of $15.84, lending further support to crude.
U.S. distillate fuel stockpiles, including heating oil, fell in the latest week, according to the API. The group said gasoline and crude stockpiles also fell. Government figures are due to be released at 10:30 a.m. EST on Wednesday.
However, energy giant BP flagged a difficult start to 2021 amid declining product demand, noting that January retail volumes were down about 20% year-on-year, compared with a decline of 11% in the fourth quarter.
Oil demand is nevertheless expected to recover in 2021, BP said, with global inventories seen returning to their five-year average by the middle of the year.
- Reuters

Posted by apple168 > 2021-02-03 07:38 | Report Abuse

Yippy68: Big sharks cash out!

Posted by apple168 > 2021-02-03 08:56 | Report Abuse

We can see gold and silver price spiked up before and going downhill now... oil prices will follow due to poor oil demand globally...

Posted by kl_guy > 2021-02-03 09:18 | Report Abuse

see all the o&g counter start to move. Oil rally start already.

Posted by kl_guy > 2021-02-03 09:19 | Report Abuse

wti usd 55

Posted by lloydlim > 2021-02-03 10:52 | Report Abuse

Time to accumulate!

Posted by apple168 > 2021-02-03 11:31 | Report Abuse

Goodness... Sell on strength still persistent...

Posted by BestOne > 2021-02-03 11:45 | Report Abuse

Oil price is recovering esp with reduction of new COVID19 infection amid vaccination progress as seen in the States and in EC. Demand on oil recovers faster hopefully...

Posted by apple168 > 2021-02-03 12:30 | Report Abuse

Be aware that unemployment rate in US is raising tremendously, high jobless rate, no income, becoming debt defaulters, banking sectors in deep SOS, less spending and less demand on oil and oil related products!

Posted by BestOne > 2021-02-03 15:28 | Report Abuse

Crude Brent Price hits above R3 $56.07
https://www.dailyfx.com/crude-oil

Posted by micsoh > 2021-02-03 16:26 | Report Abuse

Let's GameStop spirit came upon this stock, pls.

Posted by apple168 > 2021-02-03 16:49 | Report Abuse

Wonderful day trade! Thank you!

Posted by meadow1628 > 2021-02-03 18:11 |

Post removed.Why?

Posted by Loh Kok Wai W > 2021-02-03 21:25 | Report Abuse

oil price rise more already.......but malaysia many oil counters still sleeping n dreaming......tipu.

Posted by onionchong > 2021-02-03 21:26 | Report Abuse

At least today hibiscs got some movement. Hopefully can sustain

Posted by meadow1628 > 2021-02-03 23:26 |

Post removed.Why?

Posted by Maridien2 > 2021-02-03 23:42 | Report Abuse

Nice, finally oil and gas theme.

Posted by onionchong > 2021-02-04 00:01 | Report Abuse

Oil price fly but stock price no fly also no use

Posted by meadow1628 > 2021-02-04 08:50 | Report Abuse

Argus Live: Crude prices could surge to $80/bl in 2021
Published date: 27 January 2021

https://www.argusmedia.com/en/news/2181082-argus-live-crude-prices-could-surge-to-80bl-in-2021

Posted by meadow1628 > 2021-02-04 08:50 | Report Abuse

Global crude prices could soar to $80/bl this year because of severe inventory shortages and rising demand, but US shale producers are unlikely to ramp up production, a panel of experts told the Argus Live Crude Summit today........

Posted by Maridien2 > 2021-02-04 08:52 | Report Abuse

Break 0.60 today and it will uptrend all the way.

Posted by nicholas99 > 2021-02-04 09:01 | Report Abuse

klse bursa not same. it will only go up if the IB says so. haha

Posted by apple168 > 2021-02-04 09:10 | Report Abuse

Goodness!

Posted by apple168 > 2021-02-04 09:11 | Report Abuse

虎头蛇尾

Posted by nicholas99 > 2021-02-04 09:13 | Report Abuse

you see 2020 you will know. haha

Posted by apple168 > 2021-02-04 09:13 | Report Abuse

Help those trapped high to run tickets...

Posted by nicholas99 > 2021-02-04 09:14 | Report Abuse

oil industry has been doing badly for a year. their debt run deep.

Posted by apple168 > 2021-02-04 09:25 | Report Abuse

Brent oil price weakened!!

Posted by BestOne > 2021-02-04 09:32 | Report Abuse

Brent is $58, oil is back

Posted by meadow1628 > 2021-02-04 09:35 | Report Abuse

HIBISCS lai liao lai liao ...
Now already at traded at 0.60 +0.025 +4.3 %
Heng ah, Ong ah, Huat ah !

Posted by Maridien2 > 2021-02-04 09:38 | Report Abuse

Big road block at 0.60, come lets break it down together.

Posted by apple168 > 2021-02-04 09:58 |

Post removed.Why?

Posted by BestOne > 2021-02-04 10:01 | Report Abuse

Resistance Brent is $65.62 , pivot Suport is $55.