Posted by IronShirt > 2020-05-05 21:16 | Report Abuse

brent 29.56......approaching 30 mark and above tonite

Posted by Macgyver11 > 2020-05-05 22:06 | Report Abuse

By end of this wk crude oil break 35...pak tak loo

Posted by atomic5 > 2020-05-05 22:10 | Report Abuse

Tomorrow velesto 0.18

Posted by RedEagle > 2020-05-05 22:11 | Report Abuse

Train to 0.20, 0.22, 0.25....

Posted by IronShirt > 2020-05-05 22:23 | Report Abuse

very happy arrived 0.25 but need 0.30 to breakeven

Posted by char1234 > 2020-05-05 23:41 | Report Abuse

buy now ... cheap price

Posted by char1234 > 2020-05-05 23:41 | Report Abuse

oil price rebound

Posted by Allantanks > 2020-05-05 23:54 | Report Abuse

30.53 Brent， 24.25 wti.

Posted by Godofgambler > 2020-05-06 02:58 | Report Abuse

Tomorroooww limit up!!!
Velesto got contracts!!!

Posted by char1234 > 2020-05-06 03:33 | Report Abuse

definitely got show ...

Posted by Macgyver11 > 2020-05-06 08:56 | Report Abuse

Qtr going to be bad...dont just see the crude oil only. Careful

Posted by paktua73 > 2020-05-06 09:33 | Report Abuse

mornings all velesto believer..
we will fly high soon..
just buy now n keep oil will rally up


tut tut
stand to hold

Posted by MagicHand > 2020-05-06 10:49 | Report Abuse

Today oil price up 20%, it will continue up... Buy before too late

Posted by HuatlaiOnglai > 2020-05-06 13:29 | Report Abuse

Velesto, like most of the O&G counter will likely include impairment charges into Q1 due to the low oil price.

Posted by DChosen2 > 2020-08-09 09:24 | Report Abuse

when the report coming out?

Posted by char1234 > 2020-05-06 14:57 | Report Abuse

no show ...for few days

Posted by Goodprofit > 2020-05-06 20:32 | Report Abuse

WTI gap again

Posted by char1234 > 2020-05-06 23:13 | Report Abuse

not a good day

Posted by mf > 2020-05-07 01:47 | Report Abuse

Oil turns lower, snapping five-day winning streak as oversupply fears weigh

Posted by char1234 > 2020-05-07 05:33 | Report Abuse

well it seems the worst is over ....

Posted by RedEagle > 2020-05-07 10:39 | Report Abuse

Demand start increase day by day.. Road Road Wheel Road Wheel go Round and Round..

Posted by Lewis Lee > 2020-05-07 12:39 | Report Abuse

EPF keep dumping, Urusharta (previously tabung haji) keep buying !
From one government institution to another government institution, the price will be well supported !
Government can't afford to let it die ! Might need to wait for long term for O&G sector to recover !

Posted by RedEagle > 2020-05-07 13:16 | Report Abuse

Abraham Lincoln said “Give me six hours to chop down a tree and I will spend the first four sharpening the (velesto). ”

Posted by Chua Joe Beng > 2020-05-07 13:38 | Report Abuse

Abraham Lincoln said “Give me six hours to chop down a tree and I will spend the first four sharpening the axe”

It’s the opposite of what many people do. When they have a project to work on, many people just work on it directly with little or no preparation. To the contrary, smart people prepare things well in advance and that way they outperform those with little or no ...

Posted by JJchan > 2020-05-07 17:17 | Report Abuse

Urusharta might be Buying stock But it is buying more than 5% in Velesto (from 2 months Bursa announcement) MoF is running Urusharta (ain't no stupid fund manager like Tabung Haji)

Posted by atomic5 > 2020-05-07 18:28 | Report Abuse

Oil fly again

Posted by JJchan > 2020-05-07 18:56 | Report Abuse

I am not a Oil expert but 40 by End June seem likely ( from 18 to 31 now in one month )

Posted by tkl88 > 2020-05-07 19:13 | Report Abuse

Wow, Fantastic !
Oil price continue to spike up !

As at 7.10pm,
Nymex at=> $26.01 (+2.02) (+8.42 %)
Brent at => $31.37 (+1.65) (+5.55 %)

Huat ah ! Heng ah ! Ong ah !

Posted by Goodprofit > 2020-05-07 19:16 | Report Abuse

see tomorrow morning before 8.30 am bell ring at KLCI

Posted by DChosen2 > 2020-05-07 19:28 | Report Abuse

Actually it is just rebound back to Tuesday's price range. Wednesday was a black day for oil price and the reason being the price soared too much than it should be, and there was adjustment. Thus today the price spiked back it does not seem right, have to be cautious.

Posted by char1234 > 2020-05-07 21:04 | Report Abuse

oil price is up trending ....buy while it's still cheap

Posted by tkl88 > 2020-05-07 21:55 | Report Abuse

U.S. oil prices jump more than 8% as Saudi Arabia lifts prices, China crude imports climb

By Mark DeCambre
Published: May 7, 2020 9:14 am ET

https://www.google.com.my/amp/s/www.marketwatch.com/amp/story/guid/28455BBE-901F-11EA-9208-AF2E6FA5B5BC

Brent oil price, the international benchmark, rises around 6%
Crude oil futures climbed sharply on Thursday, at least partly supported by Saudi Arabia’s decision to lift prices to help stabilize values, while China’s appetite for the commodity picked up in April compared with prior months.
Saudi Arabia, the most influential member of the Organization of Petroleum Exporting Countries, is raising crude prices for its customers world-wide, according to Bloomberg TV.

Meanwhile, China’s imports rose to 10.42 million barrels a day in April from 9.68 million in March, according to Reuters data. Overall imports for the world’s second-largest economy and the biggest oil importer were down 14.2% from the year-ago period. However, exports from the country grew an unexpected 3.5% from the previous year.
That data combined with hope of a slowdown in production by global oil producers and a gradual revival of economies around the globe after restrictions due to the COVID-19 pandemic are lifted are expected to eventually lift crude prices.
“Oil is ruining up on hopes on rebounding demand,” wrote Peter Cardillo, chief market economist at Spartan Capital Securities in a daily research note.
West Texas Intermediate crude for June delivery CL CLM20+9.38% on the New York Mercantile Exchange, rose $2, or 8.3%, to $25.99 a barrel, after settling 2.4% lower on Wednesday, which snapped a five-session streak of gains.
Global benchmark July Brent crude UK:BRNN20+5.99%  picked up $1.54, or 5.2%, at $31.26 a barrel on ICE Futures Europe, following a 4% decline in the prior session.

The EIA reported Wednesday that U.S. crude inventories rose 4.6 million barrels for the week ended May 1. The data, which excludes changes in the SPR, marked a 15th consecutive weekly rise, but was smaller than the average increase of 7.1 million barrels forecast by analysts polled by S&P Global Platts.
Investors are also digesting the U.S. weekly jobless claims data Thursday which showed more than 3 million Americans lost employment, adding to the already 30 million figure that has been racked up over the past six weeks.
Some signs of easing tensions between China and the U.S. may also be providing a lift to crude prices, as Bloomberg News reported on Thursday that U.S. trade negotiator Robert Lightihizer and his counterpart Liu He are scheduled to have a call to discuss progress on a phase-one trade deal between the countries that had looked in jeopardy of being quashed by President Donald Trump.

Posted by Macgyver11 > 2020-05-07 22:24 | Report Abuse

US news reports suggest White House officials have already considered the idea of cancelling all or part of the US$1.1 trillion debt owed to China. Dispute still going on in between US/China.

Posted by Macgyver11 > 2020-05-07 22:30 | Report Abuse

Oil price just reach break even points for Velesto nevertheless still floating 29 -30.
Malaysia politic just awaken. Tun strikes back and matter of time once parliament reopen.

Posted by Macgyver11 > 2020-05-07 22:32 | Report Abuse

Qtr ???

Posted by Macgyver11 > 2020-05-07 22:33 | Report Abuse

Meow meow

Posted by Gunners78 > 2020-05-07 22:44 | Report Abuse

Assessment for Velesto tomorrow?

Posted by Macgyver11 > 2020-05-07 22:51 | Report Abuse

Crude even break 35....then why so many excitement

Posted by char1234 > 2020-05-08 05:57 | Report Abuse

oil red today ....rest .... consolidation

Posted by Baby Shark > 2020-05-08 08:21 | Report Abuse

Wait 3 cent buy.. hehe

Posted by JJchan > 2020-05-08 09:28 | Report Abuse

Oil prices gained Thursday after Saudi Arabia announced increased prices on almost all grades for June, Bloomberg reported. West Texas Intermediate crude surged as much as 11% Thursday to $26.74 per barrel. The commodity erased those gains in the afternoon, settling roughly 2% lower, around $23.59.7 hours ago

Posted by MamakKutty > 2020-05-08 09:59 | Report Abuse

i've collected enough already, just wait for it to rebound and ripe

Posted by Baby Shark > 2020-05-08 10:33 | Report Abuse

MamakKutty paling pandai.. me too
No untung besar I no sell.. bankrupt also I don;t care
Pak Tua teaches me... FIGHT !

Posted by atomic5 > 2020-05-08 10:50 | Report Abuse

if drop i shall top up more

Posted by Baby Shark > 2020-05-08 10:55 | Report Abuse

Close eyes buy la & hope tertumpang shark's ship sure kaya.. otherwise mati.. wakakaka

Posted by Lucky88 > 2020-05-08 10:59 | Report Abuse

wait for LOWEST prices !!!!!! Huat ah !!!!!

Posted by Allantanks > 2020-05-08 11:45 | Report Abuse

When 1st q report out?

Posted by tkl88 > 2020-05-08 17:26 | Report Abuse

Wow, Amazing !
Oil price continue to spike up !

As at 5.22pm,
Nymex at => $24.39 (+0.84) (+3.57 %)
Brent at => $29.99 (+0.53) (+1.80 %)

Huat ah ! Heng ah ! Ong ah !

Posted by limkokthye > 2020-05-08 20:56 | Report Abuse

oil up, valesto cannot up, useless

Posted by tkl88 > 2020-05-09 08:09 | Report Abuse

Wow, Awesome !
Dow Jones closed at = > 24,331.32 (+455.43) (+1.91 %)