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

hibiscus tarik crude from the basin
hengyuan refine the crude in refinery..

hengyuan also can take a look..

Posted by tiger2012 > 2022-02-23 14:03 | Report Abuse

Haiya what i told you all yesterday. you think shark give you chance to collect? wait for big dump later

Posted by BeeNeutral > 2022-02-23 15:06 | Report Abuse

https://oilprice.com/Energy/Energy-General/Oil-Prices-Climb-On-A-Bounty-Of-Bullish-Catalysts.html

Posted by Sakolim1986 > 2022-02-23 15:35 | Report Abuse

Hope to see big dump & we are not here prove who is right ya, important is the profit at the end of day^^ no point guessing share price daily unless u are full time trader

Posted by merhaba88 > 2022-02-23 15:49 | Report Abuse

well said....

Posted by tiger2012 > 2022-02-23 15:52 | Report Abuse

bye oil counter. all cheated by shark

Posted by SinbaLion > 2022-02-23 15:56 | Report Abuse

long term wise is a good hold.... Maybank's TP 1.70 is reasonable.... more coverage from others will come and likely will be around there. It's a simple demand+supply math, oil producers did not invest enough for the past 2 years, incl maintenance etc, so oil production is not fast enough to meet demand. This is not even factor in some countries pile up reserve quietly for potential war. OPEC may say to boost up production rapidly but who want to shoot into their own feet?

Posted by Jerichomy > 2022-02-23 16:05 | Report Abuse

Time to lari

Posted by NatsukoMishima > 2022-02-23 16:31 | Report Abuse

Dnex better than this !

Posted by BIGBUYER888 > 2022-02-23 16:39 | Report Abuse

Lari Laaaa..... 1.17 TQ jerichomy

Posted by Sakolim1986 > 2022-02-23 17:21 | Report Abuse

Bye Tiger, come back again when it hit new high ya, remind us to lari when Hibi at RM1.7, RM2 or higher. See you soon

Posted by tiger2012 > 2022-02-23 17:53 | Report Abuse

sakolim1986, hope you are doing well. brent oil turn red d. dont lose your last penny. take my advice, run.

Posted by adikhantamking > 2022-02-23 18:26 | Report Abuse

Tiger are u sure?

Posted by adikhantamking > 2022-02-23 18:27 | Report Abuse

U think buy share is for shoterm ?

Posted by King_Musang > 2022-02-23 18:41 | Report Abuse

Buy and hold until next QR in May-22, you will see the real spike on Profit even oil price drop to $75

Posted by ks5S > 2022-02-23 19:09 | Report Abuse

tiger beer mabuk already

Posted by Windy1974 > 2022-02-23 19:30 | Report Abuse

When i clicked on tiger's comments, i can't help but to speculate he lost in Hibiscus. The problem with most people, they blamed others for their failure. Even if we were conned, we should learnt from the situation instead of dwelling in self pity.
Learnt and move on

Posted by ks5S > 2022-02-23 20:02 | Report Abuse

HANOI : Vietnam is suffering from fuel shortages with hundreds of retailers forced to halt sales, prompting Prime Minister Pham Minh Chinh to order an investigation of the market including imports and exports of gasoline.
Nearly 300 petrol and oil retailers across the country have stopped product sales, according to the trade ministry, which carried out a round of inspections. Reasons ranged from insufficient supplies from wholesalers and distributors to workers contracting Covid-19, it said. Local media have published photos of shuttered petrol stations displaying signs that they had run out of gasoline.
The dislocation in Vietnam comes as a rally in crude oil to a multiyear high has boosted the prices of gasoline and diesel, fanning inflationary pressures and posing challenges for governments worldwide. In addition, Vietnam’s largest refinery, Nghi Son, was recently forced to reduce capacity from mid-January due to financial difficulties, according to the VnExpress news website.
Chinh has ordered the finance and trade ministries to provide a proposal to adjust the environmental protection tax on gasoline and other oil products, according to a statement. Extra inspections of suppliers, distributors and retailers are under way to prevent hoarding or other violations.
The trade ministry, meanwhile, plans to auction about 102 million litres of RON-92 gasoline from national reserves, with a starting price of about 14,058 dong (62 US cents) a litre, according to a separate VnExpress report.
Oil refiners throughout Asia have been increasing run rates, but that’s done little so far to alleviate the problem as unplanned outages from the US to Asia crimp output. Product supplies may remain tight in Asia, with several refineries set to undertake scheduled maintenance in the second quarter.
Fuel traders are monitoring Vietnam’s supply balances for diesel and gasoline, particularly as stockpiles of the former have hit a multi-year low. The Nghi Son refinery supplied 34% of the country’s total petroleum in 2021.

Posted by i3lurker > 2022-02-23 20:39 | Report Abuse

“Though this be madness, yet there is method in it.”

Posted by twynstar > 2022-02-23 21:40 | Report Abuse

Small Frackers Race To Drill As OPEC+ And Big Oil Majors See No Need To Pump Faster


After years of fighting low oil prices, a general and possible global consensus is emerging among major oil players who would rather see oil prices stabilize rather than undergo boom and bust phases.


https://www.zerohedge.com/energy/small-frackers-race-drill-opec-and-big-oil-majors-see-no-need-pump-faster

Posted by kakiminyak > 2022-02-23 22:54 | Report Abuse

Biden kick Putin in the backside with some sanctions , now mad Putin gonna increase the heat level, then Biden will increase sanctions, then Biden gonna increase the heat level some more, sooner or later crude oil price will be at $100 - $ 150 ? Hmmmm ?

Posted by kakiminyak > 2022-02-23 22:59 | Report Abuse

Putin wants higher energy prices, but don't underestimate Biden as he is a big promoter of green energy and EV revolution. Higher energy prices will benefit his agenda in shifting to alternate energy to fossil fuels. Higher energy prices may be what they are both dreaming of. If it is the case then brace for Hibiscus sky rocketing.

Posted by zhangzuode > 2022-02-24 08:28 | Report Abuse

A long read but worth it :

http://thesaker.is/the-eus-fit-for-55-farm-to-fork-and-the-freezing-of-nord-stream-2-a-mass-sacrifice-to-the-gods/

especially the sizes of these windmills and solar farms.

Also the amount of energy (mainly fossils fuels) required to get these solar farms and windmills up and running will be required.

So in conclusion, this transition (to renewable) will see higher consumption / demand of oil and gas in the coming years.

Enjoy the ride....

Posted by s3phiroth > 2022-02-24 08:44 | Report Abuse

War is coming, us100 oil is evitable.

Posted by adikhantamking > 2022-02-24 09:43 | Report Abuse

oil price go up already

Posted by AlwaysLearn2Invest > 2022-02-24 10:23 | Report Abuse

https://www.cnbc.com/2022/02/23/oil-markets-russia-ukraine-tensions.html
The last paragraph of the above article says :-
“If a U.S.-Iran deal is reached, it will ease some of the pressure but not enough to stop oil prices inching towards triple digits,” said Pratibha Thaker of the Economist Intelligence Unit.

Posted by paktua73 > 2022-02-24 10:39 | Report Abuse

iyaa bunga raya betul2 main lagu Hindustan..
menari-nari cecah rm1.21 ..
pastu turun balik
ihik ihik..

tut tut
iyaaa

Posted by chuhuifish > 2022-02-24 10:44 | Report Abuse

good peformance

Posted by chuhuifish > 2022-02-24 10:45 | Report Abuse

Origeh

Posted by KingKong_Doll > 2022-02-24 10:46 | Report Abuse

iran oil always in the market d. During sanction, nobody know the actual qty they sold. All estimate only. Once sanction remove, they no need to sell in the black market anymore. Biggest winner in this deal of course is iran......IMHO...la

Posted by BIGBUYER888 > 2022-02-24 10:49 | Report Abuse

U.S. Secretary of State Antony Blinken has said he believes Russia will invade Ukraine within hours after separatists on Wednesday asked for Russian help to repel "aggression" and as explosions rocked the breakaway eastern city of Donetsk.

Posted by BIGBUYER888 > 2022-02-24 10:53 | Report Abuse

OIL RISES AS U.S SAYS RUSSIAN ATTACK ON UKRAINE MAY OCCUR SOON.

Posted by Asyraf96 > 2022-02-24 11:02 | Report Abuse

Buy noww

Posted by vinc3362 > 2022-02-24 11:12 | Report Abuse

https://str.sg/wmKL
Putin announces military operation in 'Ukraine'.
Oil prices spiking up

Posted by paktua73 > 2022-02-24 11:14 | Report Abuse

latest holding is everage at rm1.13..
with 660k unit on hand..
now above rm1.23..
paktua now on good position..


tut tut
prepared to bomb

Posted by icecool > 2022-02-24 11:17 | Report Abuse

BRENT CRUDE $99
gogogo!!!

Posted by GeneralXVIII > 2022-02-24 11:22 | Report Abuse

where is apple who kept asking to short Brent? Hiding in cave? must have lost his house already hahahaha

Posted by lloydlim > 2022-02-24 11:31 | Report Abuse

New high in the making guys!

Posted by paktua73 > 2022-02-24 11:31 | Report Abuse

done paktua realease back 57% share on hand..
release at rm1.24-1.23
just lock back capital..
secure profit on hand..
its only tactical for more ability to fight long..

tut tut
set back reload below 1.15-1.11

Posted by NatsukoMishima > 2022-02-24 11:50 | Report Abuse

Buy dnex safe haven with oil n gad n wafer plant ,no die in whatever situation ! Better than hibiscus , dnex qr 3xx million !

Posted by AlwaysLearn2Invest > 2022-02-24 11:53 | Report Abuse

Will people sell other counters and flocking to here ???

Posted by bigmacmj > 2022-02-24 11:58 | Report Abuse

continue fly to north.

Posted by supersim > 2022-02-24 12:00 | Report Abuse

https://www.facebook.com/watch/live/?ref=search&v=1488531401541034

Posted by paktua73 > 2022-02-24 12:04 | Report Abuse

haha..
paktua prefer hibiscus to play long..
compare to dnex..
dnex pattern same as
scib.,kpower..
n mother of con serbdk..

so proven much safer to play..
base on sentiment now..
surely hibiscus..

now hibiscus will slowly come back..
on his old track hit 1.345..
higher was hit in 2018..

so no for dnex yes for bungaraya


tut tut
just paktua own view only

Posted by kakiminyak > 2022-02-24 12:05 | Report Abuse

Yeah I see that happening, people selling other counters and jumping on the Hibiscus rocketship.

Posted by birdparadise > 2022-02-24 12:07 |

Post removed.Why?

Posted by Hwai Hooi > 2022-02-24 12:11 | Report Abuse

all focus oil

Posted by Hwai Hooi > 2022-02-24 12:11 | Report Abuse

now begin..oil price still can up

Posted by kakiminyak > 2022-02-24 12:14 | Report Abuse

The pipelines carrying oil and gas to Europe through Ukraine territory may be blown up. That is the big threat right now.

Posted by kakiminyak > 2022-02-24 12:16 | Report Abuse

100 plus !!!! I am not taking about the energy drink, it is the price of Brent right now. Ho ! Ho ! Ho !