Volume also picking up

Brent 60 coming soon

Just ignore all them boolshhit pro-Donald, anti-oil propaganda write-ups continuously cropping up. Like latest from S&P, Goldman-Sachs etc.

Brent latest price 58.58

White House economist says 'No Recession in Sight'

https://www.ccn.com/despite-dow-sell-off-white-house-economist-says-theres-no-recession-in-sight/amp/

Larry Kudlow says 'No Recession in Sight'

https://www.ccn.com/despite-dow-sell-off-white-house-economist-says-theres-no-recession-in-sight/amp/

https://oilprice.com/Latest-Energy-News/World-News/SP-Cuts-Brent-WTI-2019-Price-Outlook-By-10.html

This is a good example of typical boolshhit American anti-oil propaganda. I would not pay any attention to it at all. It is only fit for flushing down the toilet.

https://oilprice.com/Latest-Energy-News/World-News/SP-Cuts-Brent-WTI-2019-Price-Outlook-By-10.html

This is the usual typical boolshhit American anti-oil propganda. There is only one place good enough for it. The toilet bowl.

https://www.bloomberg.com/news/articles/2019-01-03/powell-pledged-allegiance-to-data-and-some-of-it-looks-grim

Someone should be screaming at Jerome Powell, 'It's the economy, stupid!'.

US$70 Brent around the corner

https://oilprice.com/Energy/Crude-Oil/70-Oil-Could-Be-Right-Around-The-Corner.html

US$70 crude oil coming

https://oilprice.com/Energy/Crude-Oil/70-Oil-Could-Be-Right-Around-The-Corner.html

US$70 oil around the corner

https://oilprice.com/Energy/Crude-Oil/70-Oil-Could-Be-Right-Around-The-Corner.html

Ha ha ha

Want2Win can now eat chickens for Christmas

I would put my money on Vladimir & his Russia to eventually help to save Brent from collapse. Just like how they eventually helped to save Syria from collapse.

Americans have only been good mainly for creating chaos, instability & anarchy. But the Russians have emerged as the true heroes & saviours many times. Without needing the shallow glamour & glory that Americans have always seemed to crave.

Becos not each & every O&G firm in Malaysia is crrap.

If they offload for good, that means they don't like money.

Naah, more like couple months ago.

I bought at 25, few weeks ago.

Great run up

Good to see Reach holding fairly firm & not succumbing to ridiculous panic selling like brother Hibby.

Not only stabilise, but stabilise at average 70 - 75 for next year. That is what all the oil experts have been saying.

Ha ha

LOL. Your OPEC 'good news' is way very late, B4B4. It was already posted by CoolBull at 2.55 am today.

None so far. Nothing that we're aware of yet, anyway. Perhaps he's lost for words, for now.

LOL

CANADA JOINS IN WITH OPEC-RUSSIA MOVE!!!

Bloomberg - Markets

Canada's Unprecedented Oil Cut Plan Boosts Crude Prices, Stocks

By Kevin Orland

3 December 2018, 09:02 GMT+8 Updated on 3 December 2018, 22:23 GMT+8

https://www.bloomberg.com/news/articles/2018-12-03/alberta-orders-unprecedented-production-cut-to-ease-crude-crisis

CANADA JOINS IN WITH OPEC-RUSSIA MOVE!!!

Bloomberg - Markets

Canada's Unprecedented Oil Cut Plan Boosts Crude Prices, Stocks

By Kevin Orland

3 December 2018, 09:02 GMT+8 Updated on 3 December 2018, 22:23 GMT+8

https://www.bloomberg.com/news/articles/2018-12-03/alberta-orders-unprecedented-production-cut-to-ease-crude-crisis

Bloomberg - Markets

Oil Jumps Most Since June on Saudi-Russia Pact and Canada Cuts

By Heesu Lee and Alex Longley

3 December 2018, 08:10 GMT+8 Updated on 3 December 2018, 21:41 GMT+8

https://www.bloomberg.com/news/articles/2018-12-03/oil-jumps-after-saudi-arabia-and-russia-agree-to-extend-pact

Bloomberg - Markets

Oil Jumps Most Since June on Saudi-Russia Pact and Canada Cuts

By Heesu Lee and Alex Longley

3 December 2018, 08:10 GMT+8 Updated on 3 December 2018, 21:41 GMT+8

https://www.bloomberg.com/news/articles/2018-12-03/oil-jumps-after-saudi-arabia-and-russia-agree-to-extend-pact

Bloomberg - Markets

Putin Says Russia, Saudi Arabia Will Extend OPEC+ (i.e. OPEC & Non-OPEC producers) Oil Pact

Ilya Arkhipov, Javier Blas and Nayla Razzouk

2 December 2018, 04:54 GMT+8 Updated on 2 December 2018, 21:45 GMT+8

https://www.bloomberg.com/news/articles/2018-12-01/putin-says-russia-and-saudi-arabia-to-extend-opec-oil-pact

There you go, guys. You're all going to regret panic selling at 31.5 on Friday. Regret big time.

U.S. Oil Production Surge Keeps Pressure on OPEC-Plus to Cut Supply

https://www.bloomberg.com/news/articles/2018-11-30/u-s-oil-production-surge-keeps-pressure-on-opec-to-cut-supply

You meant blondie boy, right?

LOL. For a while, I was cracking my head to figure out what this 'orange head' meant. I was like, 'Huh?'. And then the light flashed through me.

Putin says Russia fine with US$60 (Brent) oil. Saudi wants US$80 (Brent) oil to keep Saudi country budget in surplus. So, midway compromise OPEC-Russia price US$70.

Fukk what Trump says.

Luck tends to prefer to ally with happy positive people. Luck does not like bitter negative people so much.

That could put some zest into Reach

Next OPEC Meeting next week. Vienna, 6 December.

Those who had bought @40 and cut loss @36, they already lost 4 sen. If price goes back up to 38, they are going to lose another 2 sen. So, total effective loss 6 sen.

Holding well

Funny indeed. Punishing a company for making what for many other companies, even much bigger ones, would be considered more than decent profit.

Tee hee. Looks like Donald Trump is going to lose again.

35 could be coming under threat tomorrow.

True

Brent pushing against 67 again. Maybe 68 by Friday.

Perdana special show coming soon

That's right, Ziko Ro. Perdana is a beast in the making. You should be erecting one leg in that one, if you have not already.

Russia is already on OPEC's side. The two are tight allies in oil now. The Russians will not need any convincing.

It is in fact becos of OPEC's strong alliance with Russia that OPEC now dares to stand up to American bullying.

Would have been playing around the 30s if not for that appalling Trump tweet.

All exported goods are priced in USD. So export-based companies gain the forex advantage when local currency is low relative to USD.

If the whole world stops over-reacting to every little piece of spoilt brat Donald's crapping, then we shall all have more peace in our lives.

Which one is a better price for you to buy something in the mall. Low price or high price. There you go.