Posted by B4b4 > 2018-12-06 15:58 | Report Abuse

Yes yes yes..... BRENT UP. Opec agreed to have STEEP CUT

Posted by B4b4 > 2018-12-06 15:58 | Report Abuse

Meeting on ard sir

Posted by Nicholasming91 > 2018-12-06 16:03 | Report Abuse

Tonight got so many shows between bull and bears

Posted by HazByn > 2018-12-06 16:05 | Report Abuse

https://www.cnbc.com/2018/12/06/opec-meeting-oil-prices-in-focus-as-saudi-arabia-russia-discuss-production.html

Posted by _Investment_ > 2018-12-06 16:24 | Report Abuse

But what happen to brent oil? Seems like keep dropping?

Posted by Run Bull > 2018-12-06 16:25 | Report Abuse

"OPEC waiting for Russia before deciding level of oil cut" - http://www.reuters.com/article/us-oil-opec/opec-waiting-for-russia-before-deciding-level-of-oil-cut-idUSKBN1O50OE

Posted by Franklim1989 > 2018-12-06 16:26 | Report Abuse

TODAY big news a lot, FED , OPEC , AMERICA GDP & API

Posted by Nicholasming91 > 2018-12-06 16:27 | Report Abuse

Yup today damn cigek hahaha

Posted by Lai Hm > 2018-12-06 17:43 | Report Abuse

Can watch live!
https://www.opec.org/opec_web/en/multimedia/349.htm

Posted by B4b4 > 2018-12-06 18:30 | Report Abuse

Opec agreed to cut production by 1m bpd. Some analysts said not enough. They expected 1.3 m.

Posted by Nicholasming91 > 2018-12-06 18:33 | Report Abuse

Wa crazy oil drop wtf . Create pressure to force opec cut more production

Posted by B4b4 > 2018-12-06 19:15 | Report Abuse

Trump......

Posted by toffeemoose > 2018-12-06 19:19 | Report Abuse

US 'not in a position to tell (OPEC) what to do': Saudi Arabia

Brent begin to rise after 4% dip...

[Following twitter on 'OPEC']

Posted by Nicholasming91 > 2018-12-06 19:30 | Report Abuse

Stupid orange head. We need a balance in oil price

Posted by sheryn74 > 2018-12-06 19:58 | Report Abuse

Stupid Trump. He is a selfish guy. He made the world tumbled. He sneeze , everyone kena flu.

Posted by pang72 > 2018-12-06 20:02 | Report Abuse

My idol trump always give us surprise.

Posted by pang72 > 2018-12-06 20:03 | Report Abuse

Oil drop!
No need to pay expensive Ron95

Save cost

Posted by pang72 > 2018-12-06 20:04 | Report Abuse

Trump is helping Malaysian to cut the cost of living.
You must thank him

Posted by toffeemoose > 2018-12-06 20:05 | Report Abuse

in Msian context...we need a stable price of 70 to bolster our economy...

Posted by pang72 > 2018-12-06 20:05 | Report Abuse

Even PH government does not help us anything after election but Trump is.

Posted by Nicholasming91 > 2018-12-06 20:06 | Report Abuse

Haha mr pang is back !

Posted by pang72 > 2018-12-06 20:08 | Report Abuse

But your wallet po kai, and abangadik minister pocket million million ...le

Posted by pang72 > 2018-12-06 20:09 | Report Abuse

You call me Mr Pang


Thank you bro...
You are improving

Posted by pang72 > 2018-12-06 20:11 | Report Abuse

How is your friend RJ...
Still self proclaim smarter in the world and stuck inside VIS?

Posted by Run Bull > 2018-12-06 21:01 | Report Abuse

https://www.cnbc.com/video/2018/12/06/us-wont-benefit-from-an-oversupplied-oil-market-saudi-energy-minister-says.html

Posted by toffeemoose > 2018-12-06 23:31 | Report Abuse

Looks like a cut of 1mil bpd....still with Russia not in the pic yet

Posted by toffeemoose > 2018-12-06 23:37 | Report Abuse

still debating...

Posted by Nicholasming91 > 2018-12-07 00:02 | Report Abuse

-7m inventory... wooooww

Posted by samuel > 2018-12-07 01:12 | Report Abuse

Later opening sugar rush....yee haa

Posted by B4b4 > 2018-12-07 08:04 | Report Abuse

Extract from the latest AR 2017, page 18 to 23, the average realised Brent oil price for Emir-Oil in 2017 was USD 42 pb, in 2016 was USD 35 pb. In 2018, Brent oil price is rangebound from USD 55 - 86 pb. Now, it is time to buy Reach when ppl are selling cheap. But don't play CONTRA. Buy, keep and invest.

Posted by B4b4 > 2018-12-07 08:08 | Report Abuse

As at 31st March 2018, from the shareholding analysis chart, there are some big names ie Lembaga Tabung Haji, Pension Fund, MTD Capital, Citibank New York, Norges Bank 14, and many more.

Posted by Nicholasming91 > 2018-12-07 08:25 | Report Abuse

Mr Pang no interest liao go UMW already

Posted by _Investment_ > 2018-12-07 08:34 | Report Abuse

So overall yesterday is bad news?

Posted by Lim Chee Keong > 2018-12-07 08:50 | Report Abuse

Good. Cut the oil prod

Posted by HazByn > 2018-12-07 12:00 | Report Abuse

everyday drop.

Posted by B4b4 > 2018-12-07 12:06 | Report Abuse

Opec second day not yet started, now Vienna only 5 am. Wait for Russia to say cut.

Posted by Nicholasming91 > 2018-12-07 12:12 | Report Abuse

Next month expire why try ? zzz

Posted by asd88 > 2018-12-07 12:18 | Report Abuse

No worries la. Eventually u will make profit with this cheap entry price.

Posted by B4b4 > 2018-12-07 14:59 | Report Abuse

Just play long. Brent at 59 still ok. Forex is cheap for RM and Kazakhstani Tengi.

Posted by Lai Hm > 2018-12-07 15:29 | Report Abuse

wow... 0.30 already! :(:(

Posted by Nicholasming91 > 2018-12-07 15:41 | Report Abuse

Low volume only dont worry haha

Posted by afifi > 2018-12-07 16:10 | Report Abuse

fuh...good to buy.

Posted by WeiZian Chin > 2018-12-07 16:28 | Report Abuse

is time to average down?

Posted by SuperPanda > 2018-12-07 16:47 | Report Abuse

keep money in bank is much safer now

Posted by SuperPanda > 2018-12-07 16:48 | Report Abuse

come back Q1

Posted by WeiZian Chin > 2018-12-07 17:10 | Report Abuse

so need wait 3~6month lo?

Posted by B4b4 > 2018-12-07 17:12 | Report Abuse

Many of us must be wondering why Hibi cannot go up despite making big profit. Remember, Reach Energy CEO, Mr Shahul said off-shore drilling in very very risky and high costs. That is why many Hibi investors are not happy.

Posted by B4b4 > 2018-12-07 17:14 | Report Abuse

For Reach Energy, on-shore drilling is much cheaper like NK-3 well is within budget. Normally, on-shore we'll costs about USD 4.5m, please refer to Reach Website.

Posted by bylkw2 > 2018-12-07 17:28 | Report Abuse

gg liao la, oil price is gonna plunge like shit, OPEC no deal

Posted by pang72 > 2018-12-07 17:45 | Report Abuse

Haha....
Musang.....why like that?
Nicholas is improving.
Don't teach him bad thing la