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2018-11-19 16:32 | Report Abuse
Looks like DC's 38 dream is in the process of fulfilment.
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
2018-11-19 00:59 | Report Abuse
If there is a strong O&G run up, don't anyone be surprised if Perdana gaps up closer & closer to Reach.
2018-11-16 20:53 | Report Abuse
You're selling below 33? But DC's dream pointed to 38.
2018-11-16 20:46 | Report Abuse
After all, no country or organisation is allowed to set a price ceiling on any American export goods.
2018-11-16 20:45 | Report Abuse
If OPEC-Russia starts developing the spine to stand up to US bullying, then 100 would be no big deal.
Oil business is very high risk business. It is no kacang putih business, for sure. So, oil exporters should be free to, in alliance among themselves, set a price that suits them, instead of non-exporters.
2018-11-14 17:48 | Report Abuse
No need for panic. Just a short over-reaction to Trump's big stinking fart.
2018-11-14 17:45 | Report Abuse
Just wait for OPEC-Russia alliance to be formalised at next OPEC meeting, Vienna December 6. Then Brent is going to fukk Donald's arse.
2018-11-14 05:40 | Report Abuse
All it needs is for OPEC & Russia to make a formal joint declaration that they will proceed with cuts, becos they expect demand to decrease, due to protracted US-China trade war causing slowdown in global economy. Trump would thus be checkmated. End of story.
2018-11-13 15:13 | Report Abuse
Ha ha. I'll go along with that line.
2018-11-12 17:17 | Report Abuse
Oil outlook beginning to look favourable again
2018-11-12 12:12 | Report Abuse
Perdana has whupped Reach on volume
2018-11-10 22:55 | Report Abuse
Can't trust Trump in any deal anywhere. Fukkin sly & untrustworthy bitch, that guy.
2018-11-08 21:24 | Report Abuse
Very strong showing. Well done, Reach.
2018-11-07 17:54 | Report Abuse
Very difficult la, like that. Everything also takut. Like that, money pun tak dapat, honey also tak dapat la.
2018-11-07 14:39 | Report Abuse
Ha ha. Well, what can we do, bro. We live in the real world. There will always be people like them around.
2018-11-05 16:47 | Report Abuse
Nobody can kill Gamuda. Not Mahathir, nor LGE, nor Tony Pua.
2018-11-05 16:42 | Report Abuse
Happy Deepavali to all Hindus, all Malaysians & everybody else.
2018-11-02 16:15 | Report Abuse
Cite Brent standard, make it look better also.
2018-11-02 16:06 | Report Abuse
Focus on positives only lor
2018-11-02 12:42 | Report Abuse
I would not worry too much about the oil slipping a bit. It will be temporary.
2018-11-01 21:33 | Report Abuse
That quoted Jibby salary was referring to his basic salary as PM, I think. It does not include various allowances, which for a high level government servant like him can nearly equal the basic salary.
10% salary cut is a cheap PH political gimmick. If you're earning 30k a month, what is a 3k cut.
2018-11-01 21:27 | Report Abuse
Local girls, Slavic girls, Central Asian girls, all hot like heck.
2018-11-01 21:23 | Report Abuse
Why only Genting. Plenty of hot girls in KL city centre area. KLCC, Bukit Bintang, Jalan P. Ramlee.
2018-11-01 21:19 | Report Abuse
Gee. I got a blue flag now. Nice sky blue colour. For what. For offending a Mahathir fanboy, I guess. Or perhaps, a LGE fanboy.
2018-11-01 21:12 | Report Abuse
Mahathir should be embarrassed. LGE has whupped his arse.
2018-11-01 21:10 | Report Abuse
Repeat observation, repeated once more:
Posted by MoneyAndHoney > Nov 1, 2018 01:12 PM | Report Abuse
Repeat observation:
Posted by MoneyAndHoney > Oct 30, 2018 11:41 PM | Report Abuse
You can't keep Brent down. It's like trying to push oil down below water. You won't succeed.
2018-11-01 21:07 | Report Abuse
But still, Ah Jib's woman is the most good looking of all. The others do not have all that much to show, in terms of their taste for beauty.
2018-11-01 21:04 | Report Abuse
Power <=> Money <=> Love <=> Honey
2018-11-01 20:57 | Report Abuse
That means that his salary is only twelve times yours, Alex. Which means that you're quite a loaded guy yourself, dude.
2018-11-01 20:40 | Report Abuse
Well, they're not going to take Malaysia's economy anywhere far at all, if all that they do every day & every night is go on and on and on and on about 1MDB, big country debt, cancelling all infrastructure projects etc. etc. etc.
2018-11-01 20:24 | Report Abuse
And how sure are you that the PM is really his friend?
2018-11-01 20:23 | Report Abuse
He should at least be investigated, regarding that bungalow case.
2018-11-01 20:21 | Report Abuse
Seems like this LGE is above the law
2018-11-01 13:12 | Report Abuse
Repeat observation:
Posted by MoneyAndHoney > Oct 30, 2018 11:41 PM | Report Abuse
You can't keep Brent down. It's like trying to push oil down below water. You won't succeed.
2018-10-31 10:35 | Report Abuse
OMG, DreamConqueror. How badly you are now corrupting us all innocent ones.
Stock: [REACH]: REACH ENERGY BHD
2018-11-27 15:20 | Report Abuse
Goldman-Sachs predicting revival of commodities, including oil, Arising out of G20 meeting.