Posted by derrtan > 2022-02-27 08:56 | Report Abuse

https://www.thestar.com.my/news/world/2022/02/27/germany-and-western-allies-agree-cutting-russia-out-of-swift

Posted by derrtan > 2022-02-27 08:56 | Report Abuse

oil will find a higher ground on monday!!

Posted by kakiminyak > 2022-02-27 09:50 | Report Abuse

Very volatile week ahead. If prices spike, they will try to control by releasing reserves. Let's see what happens.

Posted by derrtan > 2022-02-27 09:53 | Report Abuse

SPR release is less of a concerned ... Iranian oil back to market is the only factor that could bring down the price at the moment..is expected by early next week.

Posted by Sneakpeek > 2022-02-27 10:34 | Report Abuse

How does being kick out of swift affecting oil price.

Posted by derrtan > 2022-02-27 10:54 | Report Abuse

All Russia oil sold to international country traded in USD mostly via swift system...

Posted by derrtan > 2022-02-27 11:43 | Report Abuse

https://www.thestar.com.my/news/world/2022/02/27/investors-brace-for-volatility-as-west-moves-to-cut-russia-off-from-swift

Posted by BennyWhittman > 2022-02-27 11:47 | Report Abuse

Russia welcomes Oil and Gas Sanctions which has yet to be implemented.

Posted by BennyWhittman > 2022-02-27 11:50 | Report Abuse

Biden thinks cutting off from SWIFT is harsh? Putin says, bring it on.

What is SWIFT but just a US control of Telegraphic Payment System.....

Posted by BennyWhittman > 2022-02-27 11:54 | Report Abuse

Russian Rubles drops....US dollar strengthen....

China cash out US Bonds........US receives double whammy!

US Bonds Interest hike, Oil price jumps, Commodities prices sky high...Inflation double-up.

Posted by BennyWhittman > 2022-02-27 11:56 | Report Abuse

USA into deeper Recession and higher Inflation.

Posted by BennyWhittman > 2022-02-27 11:58 | Report Abuse

Putin is asking........."Why no Sanctions on Russian Oil and Gas?"

Posted by BennyWhittman > 2022-02-27 12:00 | Report Abuse

Iran Oil Sanctions were placed immediately and the Iranian people suffered in the hands of US.

Iran Oil supplies still find Black market channels via Turkey. Accounts receivable were in Turkey, in US$

Posted by BennyWhittman > 2022-02-27 12:00 | Report Abuse

So, why no Sanctions on Russia's Oil and Gas?

SWIFT is child's play......

Posted by BennyWhittman > 2022-02-27 12:04 | Report Abuse

Putin had prepared for over a year for this "Peacekeeping/Invasion"

Their internal produce/commodities, Currencies movements, Oil and Gas play, even the Oligarchs' Billions are in safe haven, including Putin's personal wealth.

Posted by BennyWhittman > 2022-02-27 12:21 | Report Abuse

Not one to condone war, invasions and taking of lives, but USA is playing Big brother and fanning of hostilities in this chapter.

Ukraine was not admitted into NATO for one and only one reason.........

Posted by BennyWhittman > 2022-02-27 12:24 | Report Abuse

To this day, no WMD was found in Iraq but yet their country was pounded into a pulp by US missiles, day and night.

Perhaps, the removal of Sadam was for the better of all but to such extend of firepower seems a good big bill to UN for their efforts only.

Posted by Calvin882 > 2022-02-27 12:29 | Report Abuse

There are alternatives to SWIFT. Russia has expected this.

Posted by ks5S > 2022-02-27 12:48 | Report Abuse

Russia removal from swift will push up the oil price further

Posted by BeeNeutral > 2022-02-27 13:36 | Report Abuse

https://www.theedgemarkets.com/article/ukraine-crisis-burnishes-malaysian-palm-energy-stocks

Posted by BeeNeutral > 2022-02-27 13:36 | Report Abuse

https://www.theedgemarkets.com/article/hlib-sees-trading-opportunities-og-plantation-stocks-amid-ukrainerussia-conflict

Posted by twynstar > 2022-02-27 14:48 | Report Abuse

What is SWIFT, and why does it matter in the Russia-Ukraine war?


https://www.washingtonpost.com/business/2022/02/26/swift-russia-sanctions-explained/

Posted by bb2ualways > 2022-02-27 15:38 | Report Abuse

Swift got no effect on KLSE. Of course it benefits hibiscus and should see price movement tomorrow. Hope this time it can break the all time high.

Posted by BennyWhittman > 2022-02-27 16:34 | Report Abuse

The key words are ...."not all Russian Banks" are prohibited to execute SWIFT transfers..........hahahaha

Alternatively, there are hundreds of ways to trade Oil.

Now, why hasn't there be any Sanction of Russian Oil and Gas.

Who leads OPEC+...............................Riyadh and Moscow!!!!!
If Moscow removes herself............OPEC+ falls to pieces.

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

China so far not helping Russia evade Western sanctions-U.S. official

https://www.ibtimes.com/china-so-far-not-helping-russia-evade-western-sanctions-us-official-3415677

Some of that trade is conducted in China's yuan currency, which could technically fall outside of sanctions aimed at cutting Russia off from transactions in U.S. dollars, euros, sterling and other major currencies.

But Chinese banks that do business with Russian banks and other entities hit with full blocking sanctions and put on the Treasury's "specially designated nationals" list could face sanctions themselves and loss of access to the U.S. financial system.

The official said that if China were to help Russia evade U.S. sanctions, "it really would be an unfortunate signal for China's vision of the world," and give "tacit or explicit accommodation to Russia's invasion of a sovereign country in the heart of Europe."

"It would do profound damage to its reputation in Europe, but really across the world," the official said of China.

Posted by BennyWhittman > 2022-02-27 17:32 | Report Abuse

Hahahaha......if you believe this US News Report....then you're one of Fox News fans too.

Posted by BennyWhittman > 2022-02-27 17:39 | Report Abuse

Oooohhhh.......China is so afraid of Biden......Podah!

US alone imposed such heavy sanctions and Import Tariffs on China past 2 years and now they are afraid or buddies again??????

US 30-50% Import levies on China would hurt whom?????? Chinese exports or the Importers at USA?????

Now, on Feb 4, Putin made Chinese New Year greetings directly to President Xi and Xi pledged FULL co-operations and without any "Forbidden areas" to Russia.

Who is Xi aligned to???? His sweetheart, Biden???

Posted by BennyWhittman > 2022-02-27 17:43 | Report Abuse

US dare not sanction Russian's Oil and Gas, then it's up to Putin to pull the plug on supply........see who blink first.

Russia supply 12% of the world's total Oil.

Presently, even in Middle East some countries are "quietly" but sure pledging loyalty to Putin and Moscow for comradeship. They have been stung like a bee from USA.

Posted by i3lurker > 2022-02-27 17:49 | Report Abuse

Ukraine War is taking longer than expected
Bursa will continue to be impacted

First 2 days 2,800 Russians killed, 20,000 Russians invaded
by today Sunday, 3,500 Russians killed, approx 150,000 Russians invaded

Ukraine are killing entire convoys of Russians
main strategy seems to be to let the Main Battle Tanks T-90s pass by
then destroy the fuel tanker of the convoys. as can be seen from the Battle of Kherson

https://en.wikipedia.org/wiki/Battle_of_Kherson#:~:text=The%20Battle%20of%20Kherson%20is%20an%20ongoing%20military,offensive%20during%20the%202022%20Russian%20invasion%20of%20Ukraine.

This is going to be a long winter
only 9 BMPT-72 aka Terminator 2s had been despatched by Russians to Ukraine
This is just NOT enough
https://en.wikipedia.org/wiki/BMPT_Terminator

Those main battle tanks T-90s will be completely destroyed around Kyiv
because its not suitable for urban warfare.

When using conventional armor during urban engagements, Russian forces suffered heavy losses in manpower and equipment, including the destruction of an entire mechanized brigade during the first battle of Grozny.
https://en.wikipedia.org/wiki/T-90

Posted by BennyWhittman > 2022-02-27 17:57 | Report Abuse

Putin's "Peacekeeping/Invasion" is with surgical strikes from military convergence. Sure to sustain casualties on both sides.

USA bombed Iraq like no tomorrow until the country was flattened like an air strip. More civilians died and buildings destroyed.....did they care 2 hoots?

Posted by BennyWhittman > 2022-02-27 18:10 | Report Abuse

US's only excuse was Iraq's WMD sites which until today were never found and proved to be untruthful by their own military and Agents on ground. Their puppet Rulers was not accepted by Iraq's Political parties......slap, slap!

The only casualty inflicted during the invasion after they shot missiles from Destroyer parked in open seas, stealth aircrafts missions and B-bombers was a sergeant with paper cuts on his finger, loading A4 paper in a printer!

Posted by BeeNeutral > 2022-02-27 18:17 | Report Abuse

https://www.theedgemarkets.com/article/here-are-asian-stocks-most-affected-ukraine-turmoil

Posted by Calvin882 > 2022-02-27 18:46 | Report Abuse

Crypo may get boosted as more businesses may consider crypto as one of their alternative in trading. Sanction on SWIFT will expedite the development of other alternatives.

Posted by i3lurker > 2022-02-27 19:03 | Report Abuse

at the current rate of war, it might take a whole week before the Ukraine army executes a pincer movement.
After that the real slaughter of Russians will start.
as of now Russians killed exceed 4,000

crude oil will remain volatile for a bit longer.....

Posted by Dangel > 2022-02-27 19:54 | Report Abuse

Peace talk offered by Russia has been rejected by Ukraine so the war wouldn't finish any time soon. Oil price might breaks usd100 again by tomorrow.

Posted by derrtan > 2022-02-27 22:19 | Report Abuse

peace talk will take place in Belarus but it will not have any outcome in one meeting..

Posted by BeeNeutral > 2022-02-27 22:31 | Report Abuse

https://www.nst.com.my/world/world/2022/02/775008/war-will-last-warns-frances-macron-ukraine?fbclid=IwAR0Ucf-D4JCAyNCdtnj_2MzEmJtucMAop19EJG5nTYb9ALHxQBHvD-DePnw#.YhoF7Ludk5A.facebook

Posted by izoklse > 2022-02-27 22:56 | Report Abuse

Aiyo are they going for Nuclear war ? EU and NATO should be careful handling this issue.

Putin orders Russian nuclear deterrence forces on high alert; Ukraine and Russia delegations to meet

https://www.cnbc.com/2022/02/27/ukraine-holds-on-to-kyiv-as-dawn-breaks-as-us-and-europe-impose-massive-new-sanctions.html

Posted by ks5S > 2022-02-28 00:07 | Report Abuse

Ukraine: ‘I’m surprised the oil price hasn’t hit US$130 a barrel yet’ – energy trading expert Q&A

Checked this link below

https://theconversation.com/ukraine-im-surprised-the-oil-price-hasnt-hit-us-130-a-barrel-yet-energy-trading-expert-qanda-177942

Posted by kakiminyak > 2022-02-28 00:12 | Report Abuse

The U.S. has made too many enemies, now not many will stand with them to face Russia. The World's two most populous countries, India and China are friends of Russia. Sanctions will not work as such. Iran will not supply oil to help the situation as they are the most angriest country on earth that really and badly hates the U.S.
My suspicion is even the U.S. and Germany want to see oil and gas prices to rise higher and become a severe pain to consumers so that more and more people would want to switch to green energy. The sales of Electric Vehicles will shoot up. The pain from high gasoline prices will reverberate across the world.
Next big shock for crude oil and gas ?
Russia may shut the valves , so no oil and gas supply to Europe. Very simple, no money no supply. The swift move on the russian financial system will result in a swift move by russia to cut the energy supply. That would be putin's go F*** your selves.

Posted by i3lurker > 2022-02-28 07:53 | Report Abuse

Brent is above 100 now

Posted by warrenchok90 > 2022-02-28 07:56 | Report Abuse

no chance to buy ... will open high

Posted by lloydlim > 2022-02-28 08:19 | Report Abuse

Brent oil return to usd100 guys!

Posted by warrenchok90 > 2022-02-28 08:27 | Report Abuse

too late to buy. Putin put up nuclear alert. Don't think ulkraine will continue unless they all ready to die. After talk will drop back.

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

u think sanction will easily removed even if ukraine surrender???

Posted by warrenchok90 > 2022-02-28 08:30 | Report Abuse

Can see alot ulkraine Military surrendered. This also lowered the intention to war.

Posted by warrenchok90 > 2022-02-28 08:32 | Report Abuse

if not remove. Still time matter but for us investor there is risk there.

Posted by warrenchok90 > 2022-02-28 08:33 | Report Abuse

I just giving my opinion.

Posted by Coiffure > 2022-02-28 08:37 | Report Abuse

western has no ball to sanction on Russia oil and natural gas..

Posted by Coiffure > 2022-02-28 08:39 | Report Abuse

as for others, Russia already got immune for the past 30years.....