Dont buy and dont sell. Just wait till dust settles. Hibiscs will not response to media on this, I put my money on it. If that happens, it means Hibiscs knows what to do.
Biden came back from Saudi empty hands. Saudi promised to increase oil production to 13mil barrels per day without US knowing Saudi is buying more from Russia at discounted rate for local consumption. Gasoline in Saudi remains low. Saudi then export quantities for local consumption to EU and US at market price. Saudi pays Russia in Yuan. US Dollar drops. So do Crude Oil. Clever ekk?
Zach...correction : Saudi agreed to increased Oil production to 13 million barrel by 2027....now immediate....from the current 12 million barrels.....joke for sleepy Joe! slap, slap!!!
BobAxelRod, Federal Regulation on Immigration and work permit does not apply to East Malaysia. Whoever wants to work there must have work permit there. But Hibiscs oilfields have been there for 30 years already. Hibiscs uses locals there. They even catch JAWS and make pickles on their offshore platform man!!
Nicholas, you are right. US is now lobbying others to join them put price cap on Urals Oil. There are 2 problems here. 1 What happens if they buy Russian oil at capped prices and resell them back to market at higher price in US Dollar. Will this help world crude oil prices down? This will drive US Dollar even higher and things will get more expensive. Inflation will skyrocket. 2 Russia can retaliate by not selling their crude oil and their reserves will keep on increasing. Russia then can sell their reserves at much cheaper price in distant future which will drive US Dollar down. US market will crash.
O guys, one more thing.. if Masidi make noise about work permit, hibiscs can always send their workers from Labuan and fly by chopper to oilfields in Sabah. Sabah cannot send their immigration officers on hibiscs oilfileds bcos.... its a private property... huhuhuhu Masidi i a clown i tell you
‘Heat apocalypse’: Europe in the grip of record-breaking heatwave Europe burns as a heatwave causes fatalities, breaks temperature records, and feeds ferocious wildfires.
Hundreds die as heatwave grips Europe and temperatures soar above 40ºC At least 360 people have died in Spain’s scorching heat, while in neighbouring Portugal, 238 more deaths were recorded from July 7-13 than in previous years High temperatures have been gripping southern Europe this week and have been blamed on climate change
The oilfield is private property but I believe Hibi is drilling on Sabah territory. Just like having a landed freehold bungalow that belongs to you but you still need to pay cukai tanah and cukai pintu to government.
The onset of brutally hot temperatures has triggered new demands in a part of the world where air conditioning is not as ubiquitous as the United States. “This huge increase in the demand for natural gas for electricity production has been mainly due to the high temperatures recorded as a result of the heatwave,” Spanish utility company Enagas said in a statement last week.
Attention falls this week on Thursday, when the Nord Stream 1 pipeline linking Russian gas to Europe is set to resume operations after a scheduled 10-day hiatus for maintenance. Germany, in particular, is paralyzed over what may or may not happen, depending on whether Russian President Vladimir Putin and state energy giant Gazprom turn off the spigot — a move that would cost the Kremlin, too, but nevertheless throttle some of Europe’s major economies.
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Posted by BobAxelrod > 2022-07-19 15:13 |
Post removed.Why?