Posted by StartOfTheBull > 2023-07-08 19:46 | Report Abuse

Russia To Slash Oil Output By Another 500,000 Bpd
https://finance.yahoo.com/news/russia-slash-oil-output-another-203000033.html

Posted by StartOfTheBull > 2023-07-08 19:47 | Report Abuse

Russia To Slash Oil Output By Another 500,000 Bpd
https://finance.yahoo.com/news/russia-slash-oil-output-another-203000033.html

Posted by James_Bond > 2023-07-09 18:59 | Report Abuse

https://www.channelnewsasia.com/asia/china-chengdu-heat-hot-weather-power-supply-international-games-fisu-3616456

The World need more and more energy… current crude oil is just not enough…

Welcome the crude oil hyper-cycle!

Cheers!

Posted by Six6thsense > 2023-07-10 09:15 | Report Abuse

Its green luckily. no need potong so scary

Posted by James_Bond > 2023-07-10 10:46 | Report Abuse

Brent crude oil will break USD 80 soon! Cheers!

Posted by James_Bond > 2023-07-11 10:55 | Report Abuse

Yeah, Brent crude oil back to USD 78! More upside to go! Cheers!

Posted by StartOfTheBull > 2023-07-11 11:03 | Report Abuse

Speculators try to push down oil price, OPEC + stabalise the price.

Posted by James_Bond > 2023-07-11 11:17 | Report Abuse

You will lose a fortune if you go against the bullish crude oil price!

Posted by James_Bond > 2023-07-11 12:02 | Report Abuse

Brent oil USD78.12! Cheers!

Posted by James_Bond > 2023-07-11 12:16 | Report Abuse

Brent oil USD78.14, all the way to USD 80+! Cheers!

Posted by James_Bond > 2023-07-11 12:25 | Report Abuse

Collected another batch at 0.875!

Posted by GLNT > 2023-07-11 12:42 | Report Abuse

Markets are so crazy nowadays. Oil rebounded 8-9% but Hibiscus share price remains at recent lows. Thanks sellers for throwing the shares. This level will be a springboard, the harder you press, the stronger it will bounce. Please continue to sell at these dirt cheap prices. Real crazies.

Posted by Robert Waters > 2023-07-11 14:07 | Report Abuse

The only energy counter I know that is up today. I picked up some yesterday without even noticing. Feels good.
Now, what is the oil price ?
:-)

Posted by James_Bond > 2023-07-11 15:45 | Report Abuse

Brent oil USD78.16, all the way to USD 80+! Cheers!

Posted by Robert Waters > 2023-07-11 16:10 | Report Abuse

Thanks. Short position as of yesterday. 16 mln.
5199 HIBISCS HIBISCUS PETROLEUM BERHAD 16,313,079 0.81%

Posted by James_Bond > 2023-07-11 16:42 | Report Abuse

Brent oil USD78.31! Cheers!

Posted by GLNT > 2023-07-11 21:00 | Report Abuse

Flush out the 16mil short positions. Come on! Hahaha

Posted by James_Bond > 2023-07-11 21:25 | Report Abuse

Nicely collected 3+ million hibiscus shares so far… who else collected the remaining 13 million shares?

Posted by GLNT > 2023-07-11 21:59 | Report Abuse

When the time comes for short covering, boom!

Posted by James_Bond > 2023-07-12 05:40 | Report Abuse

Brent oil USD 79.40! Cheers!

Posted by James_Bond > 2023-07-12 09:23 | Report Abuse

Brent oil USD 79.56! Cheers!

Posted by Six6thsense > 2023-07-12 10:57 | Report Abuse

bye 0.87..see you

Posted by Robert Waters > 2023-07-12 11:15 | Report Abuse

I bought some, as per my previous posts to support this counter. Obviously, not enough.
But my imitial assessment was that this was a good buy even at low RM 1++

So, no problem at all. Can accumulate slowly.
If we focus on oil price then means we have no real worries.

Posted by rainman777 > 2023-07-12 11:26 | Report Abuse

Hahahaha cantiknya, Wakaka

Posted by troy88 > 2023-07-12 11:28 | Report Abuse

Very likely to climb back up to RM1 soon..

Posted by StartOfTheBull > 2023-07-12 11:30 | Report Abuse

OPEC + said will cut oil output, and they really do it.

Posted by James_Bond > 2023-07-12 12:03 | Report Abuse

Brent oil USD 79.50! Very near USD 80! Cheers!

Posted by James_Bond > 2023-07-12 12:07 | Report Abuse

When Saudi and Russia working together to cut down oil production to reach the goal of high oil price ie more than USD80! No one could stop them but to accept the fact that no more cheap oil for everyone!

Posted by James_Bond > 2023-07-12 12:08 | Report Abuse

Remember we r in the hyper cycle of oil price! Soon will reach USD150 per barrel! Mark my words!

Posted by Six6thsense > 2023-07-12 15:21 | Report Abuse

primary calculation 80 4.6

Posted by James_Bond > 2023-07-12 15:53 | Report Abuse

Brent oil USD 79.51, moving stronger and stronger! World just not enough oil! Cheers!

Posted by James_Bond > 2023-07-12 18:00 | Report Abuse

Brent oil USD 79.69! Cheers!

Posted by James_Bond > 2023-07-12 19:49 | Report Abuse

Brent oil USD 79.66! Cheers!

Posted by James_Bond > 2023-07-12 20:36 | Report Abuse

Wow, Brent oil breaks USD80! Hurray! Congratulations my fellow comrades! Cheers!

Posted by StartOfTheBull > 2023-07-12 21:18 | Report Abuse

Brent crude futures rose above $80 a barrel for the first time since early May amid signs of tightening supplies and slower-than-expected US inflation.
Prices have climbed since OPEC+ heavyweights Saudi Arabia and Russia pledged even more output reductions in an effort to rebalance the market. Russian crude production is now showing signs of dropping, with average shipments falling below February averages.

Futures rose as much as 0.8% in London and were last at $79.95 a barrel.
(Bloomberg)

Posted by keluarpattern > 2023-07-12 21:22 | Report Abuse

Oil Start Of The Bull Run

Posted by James_Bond > 2023-07-12 21:30 | Report Abuse

Wow, Brent oil all the way up, now USD80.14! Cheers!

Posted by James_Bond > 2023-07-12 21:39 | Report Abuse

Wow, Brent oil all the way up, now USD80.33! Cheers!

Posted by kebling98 > 2023-07-13 08:15 | Report Abuse

Bull coming

Posted by rainman777 > 2023-07-13 09:34 | Report Abuse

Hahahaha cantik

Posted by wahidul > 2023-07-13 09:41 | Report Abuse

ON THE RISE

Posted by James_Bond > 2023-07-13 10:42 | Report Abuse

Wow, Brent oil USD80.41 now! Cheers!

Posted by James_Bond > 2023-07-13 11:50 | Report Abuse

Wow, Brent oil USD80.49 now! Cheers!

Posted by James_Bond > 2023-07-13 11:59 | Report Abuse

Let me start the ball rolling, bought hibiscus at 0.925! Cheers!!

Posted by James_Bond > 2023-07-13 12:51 | Report Abuse

Warren Buffett heavily invested in occidental petroleum corporation. Why? He foresees high crude oil price soon! Grab hibiscus now or never! Cheers!

Posted by Robert Waters > 2023-07-13 16:25 | Report Abuse

Yes, Hibiscus eventually goes with oil.
But better not say it here. SOPHISTICATED investors hate this claim.
So the correlation graph is a shock to some.

Posted by James_Bond > 2023-07-13 22:54 | Report Abuse

Wow, Brent oil USD81.30 now! Cheers…

Posted by James_Bond > 2023-07-14 07:48 | Report Abuse

Wow, Brent oil USD81.54 now! Cheers…

Posted by 1pingpong > 2023-07-14 09:31 | Report Abuse

Next target 0.99. Breakout from this will fly

Posted by troy88 > 2023-07-14 09:45 | Report Abuse

Bursa lacking foreign funds to push it up. Should already be RM1