Posted by derrtan > 2022-02-10 15:58 | Report Abuse

i think maybe natural gas drop by alot for past few days from USD5.5 to USD4

Posted by Newbie_123 > 2022-02-10 16:32 | Report Abuse

losing steam

Posted by twynstar > 2022-02-10 21:36 | Report Abuse

JPMorgan: Oil Could Easily Hit $120 If Russia-Ukraine Tensions Escalate


But even if Russian exports were just cut in half, oil prices could skyrocket to $150, JPMorgan said in a note this week.


https://oilprice.com/Latest-Energy-News/World-News/JPMorgan-Oil-Could-Easily-Hit-120-If-Russia-Ukraine-Tensions-Escalate.html

Posted by DickyMe > 2022-02-10 21:39 | Report Abuse

No war will happen.

Only display of "dikk muscles" until April.

May end up with treaty.

Posted by Kakume > 2022-02-10 22:42 | Report Abuse

Ken already said with Repsol acquisition their 2021 KPI of 20,000bopd already achieved. 20,000 x 300 days x ($75 - $25) x RM 4 = PBT. Lifting cost 15-25 per bbl, discount 60 days for maintenance, kira lah brp itu PBT? Then tax brp %? 750M is low side if you look at the number. Huat Ahh Onh Ahhh TP2 by Jun-22

Posted by Kakume > 2022-02-11 09:45 | Report Abuse

BUY CALL TP2 by June-2022

Posted by huatlai > 2022-02-11 10:16 | Report Abuse

Hold or sell?

Posted by JacobYim > 2022-02-11 10:17 | Report Abuse

whack now, TP 1.50

Posted by kahhoeng > 2022-02-11 10:27 | Report Abuse

guess holding so long brent is still above 80?

Posted by birdparadise > 2022-02-11 11:34 |

Post removed.Why?

Posted by lynns90 > 2022-02-11 14:08 | Report Abuse

the price of dnex is ahead of the hibiscus, it's story is more interesting?

Posted by rattynz > 2022-02-11 14:57 | Report Abuse

More positive news..

https://www.thevibes.com/articles/business/53993/hibiscus-petroleums-uk-project-gets-rishi-sunak-backing

Posted by rattynz > 2022-02-11 15:00 | Report Abuse

https://www.thevibes.com/articles/business/53993/hibiscus-petroleums-uk-project-gets-rishi-sunak-backing

More good news

Posted by zhangzuode > 2022-02-11 15:01 | Report Abuse

Hibiscus Marigold going to be Fast-Tracked ... https://www.thevibes.com/articles/business/53993/hibiscus-petroleums-uk-project-gets-rishi-sunak-backing

Posted by Tobby > 2022-02-11 15:02 | Report Abuse

Bought back at 1.03!

Posted by DragonG > 2022-02-11 15:19 | Report Abuse

Indeed is a very good news for Marigold. If not because of Itacha , Marigold should have obtained the approval much earlier.
https://www.offshore-mag.com/field-development/article/14209360/hibiscus-petroleum-ithaca-energy-pursuing-different-options-for-north-sea-subsea-tiebacks

Posted by keng88 > 2022-02-11 17:15 | Report Abuse

Wooo..... Closer 1.09 next week continue flying

Posted by Moneymore > 2022-02-11 23:51 | Report Abuse

Just buy Hibiscus and Dnex and hold until Dec-22, you can retire. Buy Call by Money More, TP2 for both. Timing 6-12 months

Posted by singh1 > 2022-02-11 23:52 | Report Abuse

The more Putin or Russia is seen as a threat to Europe's energy supply the greater is the urgency to ramp up supply from others and that is going to benefit Hibiscus. Enjoy the show.

Posted by maggiemee > 2022-02-12 00:30 | Report Abuse

time to retire

Posted by Icon 888 > 2022-02-12 02:57 | Report Abuse

Upstream : h, s, r

Posted by KingKong_Doll > 2022-02-12 07:42 | Report Abuse

Brent $95+??......Damm. .ron97 going to increase again. Luckily subsidies by hibiscus ....lol.

Other news, US government urged us citizen in Ukraine to evacuate immediately oh.

Posted by bullmarket1628 > 2022-02-12 08:36 |

Post removed.Why?

Posted by Pang > 2022-02-12 09:35 | Report Abuse

Huat, huat ,huat coz oil price is up.

Posted by jasontan1177 > 2022-02-12 10:10 | Report Abuse

Wah tumpang king is here. Tum Pang. Hehe

Posted by bullmarket1628 > 2022-02-12 10:10 | Report Abuse

Oil price soars 3% to 7-yr highs on Ukraine jitters, tight supplies
Saturday, 12 Feb 2022 6:40 AM MYT

https://www.thestar.com.my/business/business-news/2022/02/12/oil-price-soars-3-to-7-yr-highs-on-ukraine-jitters-tight-supplies

NEW YORK: Oil prices ended 3% higher on Friday at fresh seven-year highs as escalating fears of an invasion of Ukraine by Russia, a top energy producer, added to concerns over tight global crude supplies.
Russia has massed enough troops near Ukraine to launch a major invasion, Washington said, as it urged all U.S. citizens to leave the country within 48 hours.

Britain also advised its nationals to leave Ukraine as Prime Minister Boris Johnson impressed the need for NATO allies to make it absolutely clear that there will be a heavy package of economic sanctions ready to go, should Russia invade Ukraine.
Brent crude futures settled US$3.03, or 3.3%, higher at $94.44 a barrel, while U.S. West Texas Intermediate crude rose $3.22, or 3.6%, to $93.10 a barrel.

Both benchmarks touched their highest since late 2014, surpassing the record highs hit on Monday, and posted their eighth consecutive week of gains on growing concerns about global supplies as demand recovers from the coronavirus pandemic.
Trading volumes spiked in the last hour of trading, with volumes for global benchmark Brent climbing to their highest in more than two months.
"The market doesn't want to be short going into the weekend... if an invasion appears to be imminent and you know that there will be retaliatory sanction that will result in a disruption in natural gas and oil supplies," Andrew Lipow, president of Lipow Oil Associates in Houston.
The International Energy Agency raised its 2022 demand forecast and expects global demand to expand by 3.2 million barrels per day (bpd) this year, reaching an all-time record 100.6 million bpd.
The energy watchdog's report follows the Organization of the Petroleum Exporting Countries' warning earlier this week that world oil demand might rise even more steeply this year on a strong post-pandemic economic recovery.
The IEA added that Saudi Arabia and the United Arab Emirates could help to calm volatile oil markets if they pumped more crude, adding that the OPEC+ alliance produced 900,000 bpd below target in January.
The two OPEC producers have the most spare production capacity and could help to relieve dwindling global oil inventories that have been among factors pushing prices towards $100 a barrel, deepening inflation worldwide.
The Biden administration responded to high prices by again stating this week that it has been talking with large producers about more output, as well as the possibility of additional strategic releases from large consumers, as it did late last year.
Indirect U.S.-Iran nuclear talks resumed this week after a 10-day break. A deal could see the lifting of sanctions on Iranian oil and ease supply tightness.
In the United States, drillers added the most oil rigs in a week in four years, with the rig count, an indicator of future production, rising 19 to 516, its highest since April 2020, energy services firm Baker Hughes Co said.- Reuters

Posted by jasontan1177 > 2022-02-12 10:14 | Report Abuse

Paktua wait below 70 ? Sure or not.... Inflation is here to stay for 2 years at least.

Commodities price going up. Need rate hike for 5 or 6 times. Hike till eco die. Then we lower rate again.

One cycle up one cycle down. Down few years. Up only few months ? Does that make sense ? No right. Oil price will go 150 next year

Posted by DickyMe2 > 2022-02-12 10:38 |

Post removed.Why?

Posted by Jerichomy > 2022-02-12 10:39 | Report Abuse

Tobby ru not hiaptek…everybody crying in hiapteck

Posted by BennyWhittman > 2022-02-12 11:06 | Report Abuse

Price already toppish. Not much more meat or ascend. May pull sideways or downwards.

Don't tell me those bought in at 70c is waiting for 1.30???

Trapped for months like before. Oil cycle is a myth and played by Head of Countries.

Watch out.

Posted by BennyWhittman > 2022-02-12 11:09 | Report Abuse

Putin is ready to invade Ukraine? He never studied history?

Going against NATO is a No,no...

Posted by ks5S > 2022-02-12 13:30 | Report Abuse

attackkkkkk

Posted by ks5S > 2022-02-12 13:30 | Report Abuse

monday open gap up 5 sen. closing up 10 sen

Posted by King_Musang > 2022-02-12 14:28 | Report Abuse

Hibiscus will testing 5 year High 1.3 soon, 7-14 days. Holding tight guys.

Posted by zhangzuode > 2022-02-12 15:13 | Report Abuse

BennyWhittman, appreciate if you will explain why it is a no no ...

Thanks

Posted by BennyWhittman > 2022-02-12 16:01 | Report Abuse

For the simple fact that we learned history. There has never been a successful single dictator country invading and over-run another country only to face the Alliance, even in small conflicts and not necessarily WW.

When was the last battle or war Russian went to against US/UK and the rest of the world. Would you think Putin is about to end his reign?

This invasion would only be successful if the Alliance backed out of their words and not defend Ukraine as promised. Russian can just waltz in.

The Commies, China included, have always wished to Eco bombing of US financial. Oil is US biggest threat and in this winter storm seasons. Spiking to $100 and above would cripple US productions and cost of heating.

It's all a show of massing troops and to heighten the threat of war. If they had wanted......it would last less than 3 days to take over Ukraine. The arsenal and might of Russian's fire power is of Super standard...matched only by China and US

Believe that?

Posted by BennyWhittman > 2022-02-12 16:05 | Report Abuse

Since the advancement of modern times and standard of living, mankind is evasive of wars. From the time Kennedy almost press the Nuke button, countries abstain from conflicts and loss of lives.

Every Government would be blasted to be sending their young men into war.

So is the trigger happy fingers to Nukes which could escalate world wide.

Posted by BennyWhittman > 2022-02-12 16:09 | Report Abuse

Final question....did Bush "free" Iraq without the permission and approval of UN????

Posted by izoklse > 2022-02-12 16:12 | Report Abuse

wow oil 95 USD.

Posted by Tobby > 2022-02-12 16:22 | Report Abuse

Fortunately i bought back at 1.03!

Posted by Bobii > 2022-02-12 16:54 | Report Abuse

95 dollar oil. Means 100 is not a dream.

Posted by derrtan > 2022-02-12 17:27 | Report Abuse

may be will challenge new high of RM1.35 soon

Posted by Jerichomy > 2022-02-12 18:23 |

Post removed.Why?

Posted by kakiminyak > 2022-02-12 23:44 | Report Abuse

Benny In my opinion Biden and allies have already "handed over" Ukraine to the Russian's when he said that the Americans that have not evacuated will not be rescued by American forces as firing shots at the Russians may trigger WW3. So there you go. As far as American's fighting Russians in Ukraine is concerned, it is a big No! NO! from Biden. What they are doing instead is stationing American troops at neighboring countries that share common border with Ukraine and are on the side of the allies that are fearful of being invaded as well. That is Poland, Romania etc What the Allied countries plan to do is impose economic sanctions against Russia. That is it. No WW3.

Posted by kakiminyak > 2022-02-12 23:47 | Report Abuse

If Russia moves into Ukraine Crude oil and Natural gas prices could sky rocket as a result of sanctions. Let's see how that plays out.

Posted by BennyWhittman > 2022-02-13 09:29 | Report Abuse

@kaki,..of course US would not be sending thousands of troops into Ukraine at this moment in time. That would be costly and tantamount to political warmongering. The alliance are pulling out troops to Poland since they are grossly out-numbered by Russian at 100,000 to just a few thousand (few hundreds of USA)

Biden is fanning the Russian flames to invade and make the mistake of contradicting diplomacy from NATO. US spoke of sissy econ sanctions from the rest of the world but don't think Putin cares a hoot.

Russian hopes to prolong the tension and hold Oil prices at high levels to cause a greater dent in US financials and econ derailments.

Posted by NatsukoMishima > 2022-02-13 09:45 | Report Abuse

Oil n gas company will have robust earnings in the future just like invest in crypto currency Bitcoin !

Posted by NatsukoMishima > 2022-02-13 09:51 | Report Abuse

Elon musks will invest in oil n gas sector !

Posted by maf1964 > 2022-02-13 09:54 | Report Abuse

world War 3....we actually were in it with the worldwide pandemic.
Almost every coutry had casulties.

But we survived and are pulling thru.

Posted by BennyWhittman > 2022-02-13 10:24 | Report Abuse

USA together with the rest of the world would not want a direct military conflict with Russia. They would sooner allow Russia to walk into Ukraine and hit them with sanctions and lip services. There will not be WW3.

Direct conflict this round would be the worst to be seen for all mankind.

Russia on the other hand has the option to invade and face the wrath or simmer down and take it as an exercise which they have aptly named this massing of troops. Putin has denied any decision taken to invade YET!

Remembering last year when India and China had cross the heated arguments at Khyber Pass and soldiers where shot and killed on both sides. The conflict could have escalated but cool heads prevailed and both dropped back their stance.

At this juncture, Biden and UK are hoping for a swift decision at Ukraine and to stabilise Oil prices. US is faltering at Treasury Bonds Interest hikes, DJ dropping under stress and recovery from pandemic is not as simple as predicted.