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2018-10-30 23:41 | Report Abuse
You can't keep Brent down. It's like trying to push oil down below water. You won't succeed.
2018-10-29 16:24 | Report Abuse
And don't forget the northern winter. You can feel the cool beginning already, even in Malaysia.
2018-10-26 22:02 | Report Abuse
What happens to Dow Jones has virtually zero impact on how much profit an O&G company in Malaysia makes or does not make. So it should not matter even one bit. What really matters is the price of oil.
2018-10-26 13:17 | Report Abuse
Something many guys are still forgetting. With every moment, November 4 coming nearer. Nearer. Nearer. Nearer.
Saudi cannot just say 'abra cadabra' or 'zam zam al la kazam', and then simply jerk up production so dramatically in 10 frekkin days, no, now only 9 frekkin days, to make up for expected massive Iranian shortfall. Doesn't happen that way.
Nope. That ain't how it works, man. In another alternate Universe, perhaps. But not in this one real world.
2018-10-25 15:32 | Report Abuse
With every moment, November 4 coming nearer. Nearer. Nearer. Nearer.
Saudi cannot just say 'abra cadabra' or 'zam zam al la kazam', and then simply jerk up production so dramatically in 10 frekkin days to make up for expected massive Iranian shortfall. Doesn't happen that way.
Nope. That ain't how it works, man. In another alternate Universe, perhaps. But not in this one real world.
2018-10-25 11:14 | Report Abuse
Sanctions on Saudi? Well, why not. If Iran can be punished with sanctions, then why not Saudi also.
2018-10-20 15:37 | Report Abuse
Naah, govt related stocks are tough to predict, in terms of their movement. Overly unpredictable & excessively prone to speculations this way & that.
O&G easier to play, becos Brent can serve as reasonable indicator. Just avoid the companies with major unmanageable debt problems.
2018-10-19 20:16 | Report Abuse
So, FrankLim should stop citing oil 70 (i.e. WTI). That is not good for Reach. Say oil 80 (i.e. Brent).
2018-10-19 20:13 | Report Abuse
Wow. Brent fighting back. Ever so powerfully too.
2018-10-18 21:51 | Report Abuse
Well, it's not that easy to tell some guys, 'Hey, I want you people to work harder, so that you're going to earn less'.
2018-10-17 21:02 | Report Abuse
Good portent for construction sector
2018-10-17 20:46 | Report Abuse
big company small price
Stock: [REACH]: REACH ENERGY BHD
2018-10-30 23:56 | Report Abuse
Now moving up toward 77 again