Posted by B4b4 > 2018-11-17 18:31 | Report Abuse

If Trump goes loggerheads against the Saudi Crown Prince, then impose sanctions like Iran, oil price will spike to USD 200 pb

Posted by B4b4 > 2018-11-17 20:34 | Report Abuse

Trump just fooled the Saudi to replace Iran oil but Trump gave waiver

Posted by Nicholasming91 > 2018-11-17 20:42 | Report Abuse

If they continue to show relationship between saudi and US, not good also people will know oil price is being rmanipulated

Posted by Nicholasming91 > 2018-11-17 20:46 | Report Abuse

Probably when Saudi announce to cut production , the US use Khashoggis death to threaten Saudi that they have confirmed is Saudi king killed . But why not before that confirmation on the killing ? Why only confirm when after the announce cut production? obviously US did all these thing (trying to waive Iran and switch to Saudi sanction ) But if Saudi is not confident enough on Khashoggis death, they wont agree on cutting production . US famous for its accusations and drama

Posted by Ziko Ro > 2018-11-17 21:05 | Report Abuse

Fuel prices will rally next week range 70-75 before opec largest meeting on 6 dec.

Posted by DreamConqueror > 2018-11-18 02:36 | Report Abuse

Not King Salman, Nicholas. But the Crown Prince Muhammad bin Salman, his son & heir-apparent.

https://www.cnbc.com/2018/11/16/cia-reportedly-determines-saudi-crown-prince-ordered-khashoggis-death.html

Posted by DreamConqueror > 2018-11-18 02:40 | Report Abuse

Not that surprising, really, becos he is indeed the current de facto ruler. The one actually running the show on behalf of his ageing & physically frail father.

Posted by longvalley > 2018-11-18 11:14 | Report Abuse

It'$ ending ........
Trump ............
Let'$ waiting n seeing........!!!!!?

Posted by B4b4 > 2018-11-18 17:06 | Report Abuse

Brent price above 65 pb, Reach still make a decent profit

Posted by B4b4 > 2018-11-18 17:17 | Report Abuse

Just to refresh our attention, 1. On 24 Oct 2018, Reach successfully completed the Y-3 well as budgeted, 2. On 6 Oct 2018, the Kariman K-16 vertical exploration well has been spud using advanced drilling program undertaken by a mix of local and international reputable service providers such as Sinopec, AsiaPetroService, Drill-Lab Kazakhstan and KazPromGeofizika, 3. On 1 Oct 2018, Reach obtained authority approval to commence the trial production period of the North Kariman field for 15 months.

Posted by SuperPanda > 2018-11-18 20:49 | Report Abuse

coming few days last call to buy below 40c, after that will be 45c and touch back 50c before correction

Posted by MoneyAndHoney > 2018-11-19 01:07 | Report Abuse

Muhammad Bin Salman (MBS) needs oil revenue to fund his ambitious plans to transform Saudi Arabia, while avoiding unrest from those hurt in the process. The International Monetary Fund forecasts that the kingdom will need an oil price of $73.3 a barrel next year to balance its fiscal budget. Brent crude is trading about $5 below that, with Saudi Arabia’s exports trading at a discount to the North Sea benchmark. Prolonging output cuts for a third year is the only way he can realize the price he needs.

extracted from:
https://economictimes.indiatimes.com/markets/commodities/views/view-oil-price-is-now-controlled-by-just-3-men/articleshow/66678879.cms

Posted by Nicholasming91 > 2018-11-19 08:05 | Report Abuse

Syok ah open market 67 something, slowly climb xlimb

Posted by 偉國 > 2018-11-19 08:14 | Report Abuse

Good day today for market KLSE.. no more monday blue.. Monday Green Today!

Posted by B4b4 > 2018-11-19 08:42 | Report Abuse

Relax and stay cool. Brent is up now 67.33 pb.

Posted by B4b4 > 2018-11-19 09:17 | Report Abuse

Last call..... To buy at 39.5s

Posted by Nicholasming91 > 2018-11-19 09:28 | Report Abuse

Oil will go 68 today ! Then tomrrow 70!

Posted by fazlyfaruc > 2018-11-19 09:45 | Report Abuse

tighten your seat belt

Posted by _Investment_ > 2018-11-19 10:21 | Report Abuse

Sleeping day. Bounce around 0.390 - 0.395, although Dow Jones, KLSE & Brent Oil green

Posted by B4b4 > 2018-11-19 11:57 | Report Abuse

Patience..... Patience.....

Posted by WeiZian Chin > 2018-11-19 15:17 | Report Abuse

MONDAY BLUE...

Posted by SuperPanda > 2018-11-19 15:19 | Report Abuse

buy now before its too late. saudi has offloaded more barrels from shipment to us.

Posted by B4b4 > 2018-11-19 15:46 | Report Abuse

Brent price now is still up by 1% ie 67.43 pb

Posted by DreamConqueror > 2018-11-19 16:24 | Report Abuse

I told ya all, that day, to be erecting one leg in Perdana. You wud not hv been regretting it, if you had done.

Posted by Want2Win > 2018-11-19 16:35 |

Post removed.Why?

Posted by Want2Win > 2018-11-19 16:36 | Report Abuse

Ini minggu huat arr loh. Gaw gaw fatt tatt loh.

Posted by SuperPanda > 2018-11-19 16:38 | Report Abuse

Not only perdana, im dancing at dayang too, later will be reach

Posted by BountyOfTheBourse > 2018-11-19 16:57 | Report Abuse

Oil Prices May Have Reached A Bottom

https://oilprice.com/Energy/Crude-Oil/Oil-Prices-May-Have-Reached-A-Bottom.html

Posted by BountyOfTheBourse > 2018-11-19 16:59 | Report Abuse

Can We Expect A Major Rebound In Oil Prices?

https://oilprice.com/Energy/Oil-Prices/Can-We-Expect-A-Major-Rebound-In-Oil-Prices.html

The short answer is ... YES!!!

Posted by Want2Win > 2018-11-19 17:13 |

Post removed.Why?

Posted by SuperPanda > 2018-11-19 17:25 | Report Abuse

i bought 39 again. sudah banyak kumpul ni. sapu kaw kaw.

Posted by Nicholasming91 > 2018-11-19 17:28 | Report Abuse

Dayang earn alrdy switch to here kikiki

Posted by B4b4 > 2018-11-19 18:04 | Report Abuse

Reach has important announcement regarding about doing downstream business together with a local Kazakshtan company , KatZatGas .

Posted by B4b4 > 2018-11-19 18:19 | Report Abuse

KTG, KazTransGas is a state-owned national gas pipeline operator and GPC is a the concession owner relating to processing feed gas into downstream products. Both Reach and GPC see a mutually beneficial partnership.

Posted by SuperPanda > 2018-11-19 18:24 | Report Abuse

why switch, both keep lah. more to come.

Posted by SuperPanda > 2018-11-19 18:26 | Report Abuse

i even bought velesto today.. ha ha. suka suka only. bet on coming quarter in few days. its cheap now.

Posted by B4b4 > 2018-11-19 18:29 | Report Abuse

Don't switch. Just wait and hold your position. Be patient .

Posted by DreamConqueror > 2018-11-19 19:25 | Report Abuse

Now, where has that silly Hibiscus fanboy club member gone, I wonder. When Hibby goes 1.31, he comes here beating chest like a drunken gorilla, gloating about Hibby & badmouthing Reach. Today Hibby goes 1.06, and where is he? Sinking & drowning in his own big lump of stinkin gorilla shit, I guess.

Posted by Uncle Sam > 2018-11-19 19:41 | Report Abuse

just ignore all the other noises

basic economics always rule.

iran is sanctioned, hence less oil in the market. oil price will go up.
saudi now wanna cut production. again oil price will go up
oil price has dropped quite a lot. again it will go up sooner or later.

brent at usd67 is actually not cheap also. oil will no longer fall like crazy to usd30 like last time. dun dream.

Posted by FortuneBlooming > 2018-11-19 19:52 | Report Abuse

Brent pushing against 67 again. Maybe 68 by Friday.

Posted by Nicholasming91 > 2018-11-19 21:52 | Report Abuse

Tonight go back down a bit

Posted by OrlandoOIL > 2018-11-20 08:50 |

Post removed.Why?

Posted by Nicholasming91 > 2018-11-20 09:33 | Report Abuse

Pls go back to your hibiscus counter tq

Posted by B4b4 > 2018-11-20 12:04 | Report Abuse

Reach will not call for RI, since the company is doing well and now making profit. Furthermore, the bank borrowings is ZERO! Reach just have to service the loan from the corporate shareholder. So no worries. The profit is more than enough to pay the loan in the near future.

Posted by 偉國 > 2018-11-20 13:06 | Report Abuse

Coperate with gPC+Qr result... will be fantastic day in soon..

Posted by SuperPanda > 2018-11-20 14:18 | Report Abuse

Orlandooil said .... he earned,

"... 6 figures profit fr Hibiscus big 5 figures profit fr Reach n 5 figures profit in Dayang now"
19/11/2018 18:32

we all should learn from him lah like this.

Posted by KenaTipu_ > 2018-11-20 15:07 |

Post removed.Why?

Posted by Jeffrey Ng > 2018-11-20 17:37 |

Post removed.Why?

Posted by ran777rpt > 2018-11-20 18:39 |

Post removed.Why?

Posted by B4b4 > 2018-11-20 19:57 | Report Abuse

Many oil and gas companies are doing well with good profit eversince oil price recovered from a low of 30 pb in Jan 2016. Now the average oil price is 70 pb. Reach will do well too with a good profit. Just be patient, the QR will be out soon.