Posted by tkl88 > 2020-04-07 10:56 | Report Abuse

Wow, Oil price spike up crazily !
As at 10.48am,
Nymex => $27.04 ‪(+0.96) (+3.68%)‬
Brent => $34.02 ‪(+0.97) (+2.93%)‬

Posted by tkl88 > 2020-04-07 15:30 | Report Abuse

Dow Jones continue it's bull run
As at 3.25 pm,
Dow Jones Futures at => 22,906.0 (+418.0) (+1.86%)

Posted by Mabel > 2020-04-07 17:30 | Report Abuse

Wah...so nice...

Everyday my Royal Fortune Icon is climbing....

Since all the my Energy Battleships are now on full speed, it’s time to secure the final business segment of the Oil & Gas Supply Chain. Today I'm on board the HengYuan Battleship. HengYuan was formerly known as Shell Refinery. Collected few batches this morning and afternoon. Thanks to current negative news, bought an average price of RM 3. Last year she was trading at RM 6. All my Fishing baits today were snapped since I usually don't queue when I'm on my Hunting Mode. Since all my Battleships are name after the ships in Pirates of the Caribbean, I'm going to call her Golden Heng Yuan.

100+ years of market history tells us that the best time to go out and scour the market for hidden opportunities is when the stock market has fallen hard. This War on Terror is a catalyst, all you need is to react to it..

Meow...

Posted by tkl88 > 2020-04-08 07:19 | Report Abuse

Wow, Oil price continue to spike up !
As at 7.13am,
Nymex => 24.63 ‪(+1.00) (+4.23 percent)

Posted by tkl88 > 2020-04-08 09:10 | Report Abuse

Wow, Oil price getting hot & hottest now !
As at 8.35am,
Nymex => $24.79 ‪(+1.16) (+4.91 percent)

Posted by pc007 > 2020-04-08 11:09 | Report Abuse

Icon sudah mau take off 10cts ...

Posted by DRwarrant > 2020-04-08 11:40 | Report Abuse

OIL STEAMINGGGG again !
TP ICON 20 sen , WA 16 sen

Posted by tkl88 > 2020-04-08 13:36 | Report Abuse

Walaoeh, Oil price now spike up crazily !
As at 1.30pm,
Nymex => $25.19 ‪(+1.56) (+6.60 percent)
Brent => $32.88 ‪(+1.01) (+3.17 percent)

Posted by DRwarrant > 2020-04-08 13:41 | Report Abuse

Oil rebounds as hopes grow for output cut deal

# BETTER FULL your tank with RON 95 ( now RM 1.30 ) BEFORE 50 - 70 sen BIG JUMP this Friday !

AFP -April 8, 2020 1:14 PM

SINGAPORE: Oil prices rebounded Wednesday as traders jockey for position ahead of a key producers’ meeting this week aimed at cutting output to support coronavirus-hit energy markets.

US benchmark West Texas Intermediate was up 5.7% to US$24.98 a barrel in morning Asian trade.

A barrel of Brent, the international benchmark, was changing hands at US$32.69 a barrel, up 2.5%.

Posted by tkl88 > 2020-04-08 22:05 | Report Abuse

Oil prices gain as OPEC meeting looms
OPEC+ expected to lower collective oil output substantially to trim some oversupply in global market
Ovunc Kutlu   | 08.04.2020
https://www.aa.com.tr/en/economy/oil-prices-gain-as-opec-meeting-looms/1797054

Posted by tkl88 > 2020-04-08 22:05 | Report Abuse

ANKARA
Crude oil prices were up on Wednesday as the upcoming meeting between OPEC and its allies, known as OPEC+, give hope to investors of potential support to prices.
International benchmark Brent crude was trading at $32.32 per barrel at 0620 GMT for a 1.4% increase after it closed Tuesday at $31.87 a barrel.
American benchmark West Texas Intermediate (WTI) was at $24.72 a barrel at the same time for a 4.6% gain after ending the previous day at $23.63 per barrel.
The oil producing member countries of OPEC+ will hold a teleconference on Thursday to discuss the low price environment and the supply-demand balance in the global oil market.
Due to the rapid spread of coronavirus, or the COVID-19 disease, weak economic activity around the world has lowered global oil demand, increasing the glut of supply in the market.
Saudi Arabia-led OPEC and Russia-spearheaded non-OPEC failed on March 6 to lower their collective output, causing a massive plummet in prices, which fell on March 30 to their lowest level since 2002.
The OPEC+ group is estimated on Thursday to lower their collective oil production level by between 10-15 million barrels per day in order to trim some of the oversupply.

Posted by tkl88 > 2020-04-09 03:28 | Report Abuse

OMG, Oil price was damn super hot man !
As at 3.25am,
Nymex => $25.75 ‪(+2.12) (+8.97%)‬
Brent => $33.33 ‪(+1.46) (+4.58%)‬

Posted by tkl88 > 2020-04-09 04:17 | Report Abuse

‪Wow, Fabulous!
As at 4.12am,‬
Dow Jones closed at=> 23,433.57 (+779.71) (+3.44 percent) !

Posted by gorengking69 > 2020-04-09 04:23 | Report Abuse

Best counter in Bursa

Posted by tkl88 > 2020-04-09 04:40 | Report Abuse

Oh My goodness,
Oil price was unbelievable spike up to the sky high !
As at 4.35am,
Nymex => $26.‪09 (+2.46) (+10.41 percent)
Brent => $33.‪54 (+1.67) (+5.24 percent)

Posted by tkl88 > 2020-04-09 05:07 | Report Abuse

Oil Spikes After Algeria Says OPEC+ Cuts Could Reach 10 Million Bpd
By Julianne Geiger - Apr 08, 2020, 2:20 PM CDT

https://www.google.com/amp/s/oilprice.com/Energy/Oil-Prices/Oil-Spikes-After-Algeria-Says-OPEC-Cuts-Could-Reach-10-Million-Bpd.amp.html

Posted by tkl88 > 2020-04-09 05:07 | Report Abuse

The price of a West Texas Intermediate barrel of oil shot up on Wednesday afternoon by nearly 7% shortly after OPEC’s President gave the market fresh optimism about tomorrow’s virtual OPEC++ meeting.
“The meeting will undoubtably be fruitful in order to rebalance the market through measures we will take tomorrow,” Mohamed Arkab, OPEC’s President and Algeria’s Energy Minister told state news agency APS, according to Reuters.

While an intangible statement, the optimistic words spoken by the OPEC President seem to be just what the doctor ordered for the volatile markets as speculators try to make the most out of the oil-price plunge.
As a result of today’s spike, trading of the biggest oil ETF, the United States Oil Fund (USO), had been halted temporarily. Trading of the USO has since resumed. The USO is trading up 4.03% as of 3:03pm EDT.
All eyes remain on the potential deal that OPEC group may come up with tomorrow in what could be the largest oil production cut deal ever. Signatories to the deal could include, in addition to OPEC, Brazil, Norway, Canada, and all the OPEC+ countries that signed onto the previous deal. While some are hoping that the United States may join in the cuts, a formal agreement between the US and other oil producers appears unlikely.
Saudi Arabia and Russia, together responsible for producing more than 22 million barrels per day, are expected to make or break the chances of a production cut deal.

A 10 million bpd figure has been discussed by meeting attendees in the run-up to the meeting, although that figure would be insufficient to offset the loss in oil demand that the market has seen due to the coronavirus.

By Julianne Geiger for Oilprice.com

Posted by DRwarrant > 2020-04-09 16:30 | Report Abuse

OIL brent / west texas further steaming world market !
must wallappp now !
# RON 95 last chance RM 1.30...will never be this cheap dirt again
HUrrryyyy upppp to petrol Pump NOWWWWW !

Posted by tkl88 > 2020-04-09 16:38 | Report Abuse

Walaoeh, Oil price spike up like mad already !
It's definately indicating that the Opec + meeting will come out a deal of ouput cut !
As at 4.37pm,
Nymex => $26.14 (+1.05) (+4.18%)
Brent => $33.90 (+1.07) (+3.26%)

Posted by tkl88 > 2020-04-09 17:59 | Report Abuse

OMG, Oil price continue to spike up sky high !
As at 5.55pm,
Nymex => $26.60 (+1.51) (+6.02 percent)
Brent => $34.20 (+1.36) (+4.14 percent)

Posted by Cash_Is_King > 2020-04-09 22:29 | Report Abuse

Brent or crude oil affect this counter much?

Posted by mingchun91 > 2020-04-09 22:46 | Report Abuse

Saudi and Russia came to an agreement would cut 20 million barrels per day . oil jumps 12% right now! Siting CNBC.
10.45pm

Posted by pc007 > 2020-04-09 22:47 | Report Abuse

Ho la la...limit up tomorrow 9 cts

Posted by Mabel > 2020-04-09 23:12 | Report Abuse

It's already on the news...

Both Russia and Saudi agree to cut 20 million barrel per day.

Oil Spike 12 %...

Tomorrow I expect all O&G counters will explode...

Meow....

Posted by aireez > 2020-04-09 23:30 | Report Abuse

Both Russia and Saudi agree to cut 20 million barrel per day.
butttt .....
Trump start clearing their stock .... huhuhuhuhuuuuuuuuuuuuuuuuuuuuu

Maybe next Monday start new price .... USD 30 @ USD 40 maybe USD 50
still hv time to collect 2mrw ...

Posted by aireez > 2020-04-09 23:37 | Report Abuse

2night .... Tops 3 oil leader hv to lelong their oil until OPEC maximum limit level reach !!!

Posted by aireez > 2020-04-09 23:56 | Report Abuse

Together2 .... we collect 7cts for next week limit-up !!!

Posted by davidkkw79 > 2020-04-10 00:00 | Report Abuse

Penny stock really easily to limit up

Posted by tkl88 > 2020-04-10 00:24 | Report Abuse

Wow, Congratulations to you all guys who is still keep tight tight & Sailang Armada at current low price !
Good news from the OPEC+ meeting which the output cut was Deal and the oil price then was spike up sharply!
As at ‬12.13am,
Nymex => $26.02 ‪(+0.93) (+3.71 percent)
Brent => $33.86 ‪(+1.02) (+3.11 percent)

Posted by tkl88 > 2020-04-10 00:50 | Report Abuse

Russia and Saudi Arabia agree deal on oil output cuts: Report
OPEC members are on Thursday set to discuss 'deep cuts' of up to 20 million barrels per day
By MEE and agencies
Published date: 9 April 2020 14:40 UTC
Last update: 18 min 21 sec ago

https://www.middleeasteye.net/news/russia-and-saudi-arabia-agree-deal-oil-output-cuts

Posted by tkl88 > 2020-04-10 00:56 | Report Abuse

Russia and Saudi Arabia have overcome all hurdles to cut oil production at a meeting of OPEC, ending a month-long price war.
Oil prices jumped after Reuters reported that the two countries have agreed to a "deep cut" in crude production.
OPEC and other oil producers were set to debate on Thursday oil cuts as big as 20 million barrels per day (bpd), equivalent to about 20 percent of global supplies, one OPEC source and a Russian source told Reuters.
"That is a global deal," the OPEC source said.
He did not specify if the United States would be involved - something Russia and OPEC producers have insisted on.
A worldwide lockdown to slow the spread of the coronavirus pandemic has cut fuel demand by roughly 30 percent and contributed to a crash in prices that took major benchmarks down by more than two-thirds.
Prices surge
Prices surged over 10 percent earlier on Thursday as producers appeared set to cut production sharply, but the exact details of the cuts remain unclear.
The OPEC and allies including Russia - a group known as OPEC+ - were in talks on Thursday to cut production sharply, with numbers as high as 20 million bpd bandied about, OPEC and Russian sources said.
That would be equivalent to about 20 percent of global supplies, to support prices hammered by the coronavirus crisis. However, it is unclear if a figure that lofty includes cuts made for economic decisions by private producers in the United States, Canada and elsewhere, or if OPEC assumes those countries will mandate cuts, which the US has not wanted to do.
A cut of 20 million bpd would be by far the biggest output cut ever agreed by OPEC. But Russia has insisted it will only reduce output if the United States joins the deal. US laws prevent coordination among private companies.
Analysts, meanwhile, said that even if such record cuts are agreed, they will not be enough.
"Ultimately, the size of the demand shock is simply too large for a coordinated supply cut," analysts at Goldman Sachs said on Thursday.
Following the OPEC+ meeting, energy ministers from the Group of 20 major economies are set to meet on Friday.
The last OPEC meeting in early March ended acrimoniously, with Russia and Saudi Arabia unable to come to an agreement to curb output as the virus spread, adding to the slump in prices.
A source briefed on Saudi Arabia's oil policy said it is ready to cut up to 4 million bpd of its production, but only from its record output levels of 12.3 million bpd achieved in April.
Russia has said it wants output to be cut from the January-March levels before Saudi production jumped.

Posted by tkl88 > 2020-04-10 04:28 | Report Abuse

Great, Dow Jones continue it’s bull run !
DJI closed at =>
23,719.37 (+285.80) (+1.22 percent)

Posted by napnap > 2020-04-10 05:46 | Report Abuse

Tkl88 it's over, run as fast dont hold anymore.

Posted by DRwarrant > 2020-04-10 07:10 | Report Abuse

Don't be Pondan,,,,,since the Dow Jone is in New Bull Rally , up almost 30 % , around 5,500 point since low this March ,
More to Come $$$$$$$

Posted by tkl88 > 2020-04-10 07:21 | Report Abuse

Oil producers agree to cut production by a fifth
* 09 April 2020 Business

https://www.google.com.my/amp/s/www.bbc.com/news/amp/business-52226236

Posted by tkl88 > 2020-04-10 07:22 | Report Abuse

Opec producers and allies have agreed to cut output by more than a fifth to counter the slump in demand caused by coronavirus lockdowns.
The group said it would cut output in May and June by 10 million barrels to help prop up prices. The cuts will then be eased gradually until April 2022.

Opec+, made up of Opec producers and allies including Russia, held talks on Thursday via video conference.
Talks were complicated by disagreements between Russia and Saudi Arabia.

The group and its allies agreed to cut 10 million barrels a day or 10% of global supplies. Another 5 million barrels is expected to be cut by other nations.

It said the cuts would be eased to eight million barrels a day between July and December. Then they would be eased again to six million barrels between January 2021 and April 2022.
Oil prices slumped in March after Opec+ failed to agree cuts .

In the wake of the March meeting, Saudi Arabia and Russia moved to boost production in order to retain market share amid falling global demand.
That, together with the collapse in demand for oil amid the coronavirus pandemic, help to push oil prices to 18-year lows by the end of March.

Prices have recovered some ground since then. Last week, prices jumped 20% after US President Donald Trump said he expected Saudi Arabia and Russia to end their feud.

Thursday's talks will be followed by a conference call on Friday between energy ministers from the G20 countries. It will be hosted by Saudi Arabia.

Kirill Dmitriev, head of Russia's wealth fund and one of Moscow's top oil negotiators told Reuters: "We are expecting other producers outside the Opec+ club to join the measures, which might happen tomorrow during G20."

The US has not committed itself to any cuts although it did say that its oil output was gradually reducing anyway due to plunging oil prices.
President Donald Trump had warned Saudi Arabia that the US would impose sanctions if it did not cut oil production.

Posted by RedEagle > 2020-04-10 07:37 | Report Abuse

The UAE has received an invitation to participate as an honorary guest in the G20 Energy Ministers Meeting, which will be held remotely on Friday, April 10, the Ministry of Energy and Industry said.

Posted by 5354_ > 2020-04-10 13:12 | Report Abuse

Boss add more why not us(retailers)?

Posted by Hidup_Anwar > 2020-04-10 15:35 | Report Abuse

Hate to say but no say is worse. Anwar must be PM asap only Icon can rise back?

Posted by newkid > 2020-04-12 20:27 | Report Abuse

as far as 6.5 sen intact, next level will break RI price.

Posted by FoolsGold > 2020-04-12 20:31 | Report Abuse

Posted by 5354_ > Apr 10, 2020 1:12 PM | Report Abuse

Boss add more why not us(retailers)?

Boss got tons of money, us retailers got ? can follow lo..

Posted by Investsucess Trader > 2020-04-12 20:39 | Report Abuse

Boss acquired at 0.035, retailers at 0.06-0.07, later boss sell to retailers, easy money for boss, lol

Posted by Ubah_ > 2020-04-13 09:04 | Report Abuse

New Petronas chairman is Tengku Razaleigh Hamzah? Can give more order books?

Posted by DRwarrant > 2020-04-13 09:06 | Report Abuse

OPEC and allies finalize record oil production cut after days of discussion

Posted by 8888_ > 2020-04-14 10:00 | Report Abuse

Local capex maintained is good news.

Posted by 8888_ > 2020-04-14 10:03 | Report Abuse

Petronas aims to keep local capex
https://www.thestar.com.my/business/business-news/2020/04/14/petronas-warns-of-project-delays-aims-to-keep-local-capex

Posted by DRwarrant > 2020-04-14 10:38 | Report Abuse

Oil prices rise as Trump flags deeper output cuts
AFP -April 14, 2020 10:23 AM

Posted by johorean8 > 2020-04-14 15:27 | Report Abuse

10 sen or > Muhyiddin is right PM.

Posted by DRwarrant > 2020-04-14 18:46 | Report Abuse

Great News >> OIL to JUMP $$$

Texas Oil Regulators Could Mandate 20% Output Cuts
By Michael Kern - Apr 13, 2020, 7:30 PM CDT

Posted by BlackWhite > 2020-04-15 09:19 | Report Abuse

Will buy at 40cent