PERDANA PETROLEUM BERHAD
KLSE (MYR): PERDANA (7108)
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Last Price
0.18
Today's Change
0.00 (0.00%)
Day's Change
0.17 - 0.195
Trading Volume
64,326,900
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| Date | Type | No. of Shares | Price | Direct (%) | Indirect (%) | Total (%) | ||||
Discussions
10 people like this. Showing 50 of 6,932 comments
Oil prices could soon return to $100 as OPEC+ considers ‘historic’ cut, analysts say
PUBLISHED MON, OCT 3 2022 6:43 AM EDT
Lee Ying Shan @LEEYINGSHAN
Sam Meredith @SMEREDITH19
https://www.cnbc.com/amp/2022/10/03/opec-oil-prices-could-soon-return-to-100-a-barrel-analysts-say.html
KEY POINTS
* OPEC and non-OPEC producers, a group often referred to as OPEC+, will meet in Vienna, Austria on Wednesday to decide on the next phase of production policy.
* The oil cartel and its allies are considering an output cut of more than a million barrels per day, according to OPEC+ sources who spoke to Reuters.
* "The OPEC ministers are not going to come to Austria for the first time in two years to do nothing. So there's going to be a cut of some historic kind," said Dan Pickering, CIO of Pickering Energy Partners.
2022-10-05 07:44
White House Disappointed With OPEC’s ‘Shortsighted’ Decision
By Charles Kennedy - Oct 05, 2022, 12:00 PM CDT
https://oilprice.com/Energy/Energy-General/White-House-Disappointed-With-OPECs-Shortsighted-Decision.amp.html
A White House statement following the OPEC+ decision to defy the Biden administration with an output cut for November vows to find new ways to temper OPEC’s control over energy prices.
Earlier on Wednesday, members of OPEC+ said they would cut November production quotas by 2 million bpd, citing the “uncertainty that surrounds the global economic and oil market outlooks”.
The decision immediately led to a more than 2% increase in Brent crude and WTI prices and goes directly against the Biden administration’s attempts to lobby Saudi Arabia for higher production to bring prices down.
Shortly after the release of an OPEC+ press release detailing the output cuts, the White House said, “In light of today's action, the Biden Administration will also consult with Congress on additional tools and authorities to reduce OPEC's control over energy prices.”
2022-10-06 07:41
unicornP, making good money now? if you had followed and bought, very happy for you. this time needed a little patience.
1 week ago
UnicornP, i would be happy to let go at around 20. but if you dare to keep it for a year, i have a feeling 30sen is possible. but never be greedy or fall in love with your investments.
1 week ago
I think there is shortage of service providers for oil/gas rigs. Waiting for better news.
6 days ago
Recession is coming. Even oil and gas will also be affected. Be prepared and wait for its corrections.
5 days ago
Time to buy 0.17-0.18 will go back 0.20 easily and if can hold will go higher from there.
5 hours ago
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Latest news from CNN…
A war between Russia & USA/Europe will be ignited anytime from now if the ‘Sham’ referendum results is in favour to russia (of course is a sure guranteed passed results created by Russia), So, since russia will use this results by annexed 4 Ukraine’s regions and as an excuse for them to publicly giving mandate to them to sending millions of troops to based the stations permanently into this 4 regions,
then a new World War III cannot be avoid and will happened anytime from now already !
Then the Oil price definitely will immediately shooting up to sky high !
And then all the O & G counters definitely will follow to spike up like mad already !
2022-09-27 18:39