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2020-03-12 22:42 | Report Abuse
Breaking News from CNBC
Oil prices dropped as much as 8% on Thursday as crude continues to take a hit on both the supply and demand side. U.S. West Texas Intermediate crude is now down more than 25% this week, putting it on track for its worst week since December 2008, and its third largest weekly decline on record.
On Thursday WTI fell $2.04, or 6.2%, to trade at $30.95 per barrel. Earlier in the session it traded as low as $30.02.
International benchmark Brent crude fell $2.51, or 7%, to trade at $33.26 per barrel.
2020-03-12 22:42 | Report Abuse
Breaking News from CNBC
Oil prices dropped as much as 8% on Thursday as crude continues to take a hit on both the supply and demand side. U.S. West Texas Intermediate crude is now down more than 25% this week, putting it on track for its worst week since December 2008, and its third largest weekly decline on record.
On Thursday WTI fell $2.04, or 6.2%, to trade at $30.95 per barrel. Earlier in the session it traded as low as $30.02.
International benchmark Brent crude fell $2.51, or 7%, to trade at $33.26 per barrel.
2020-03-12 22:41 | Report Abuse
Breaking News from CNBC
Oil prices dropped as much as 8% on Thursday as crude continues to take a hit on both the supply and demand side. U.S. West Texas Intermediate crude is now down more than 25% this week, putting it on track for its worst week since December 2008, and its third largest weekly decline on record.
On Thursday WTI fell $2.04, or 6.2%, to trade at $30.95 per barrel. Earlier in the session it traded as low as $30.02.
International benchmark Brent crude fell $2.51, or 7%, to trade at $33.26 per barrel.
2020-03-12 22:41 | Report Abuse
Breaking News from CNBC
Oil prices dropped as much as 8% on Thursday as crude continues to take a hit on both the supply and demand side. U.S. West Texas Intermediate crude is now down more than 25% this week, putting it on track for its worst week since December 2008, and its third largest weekly decline on record.
On Thursday WTI fell $2.04, or 6.2%, to trade at $30.95 per barrel. Earlier in the session it traded as low as $30.02.
International benchmark Brent crude fell $2.51, or 7%, to trade at $33.26 per barrel.
2020-03-12 22:41 | Report Abuse
Breaking News from CNBC
Oil prices dropped as much as 8% on Thursday as crude continues to take a hit on both the supply and demand side. U.S. West Texas Intermediate crude is now down more than 25% this week, putting it on track for its worst week since December 2008, and its third largest weekly decline on record.
On Thursday WTI fell $2.04, or 6.2%, to trade at $30.95 per barrel. Earlier in the session it traded as low as $30.02.
International benchmark Brent crude fell $2.51, or 7%, to trade at $33.26 per barrel.
2020-03-12 22:41 | Report Abuse
Breaking News from CNBC
Oil prices dropped as much as 8% on Thursday as crude continues to take a hit on both the supply and demand side. U.S. West Texas Intermediate crude is now down more than 25% this week, putting it on track for its worst week since December 2008, and its third largest weekly decline on record.
On Thursday WTI fell $2.04, or 6.2%, to trade at $30.95 per barrel. Earlier in the session it traded as low as $30.02.
International benchmark Brent crude fell $2.51, or 7%, to trade at $33.26 per barrel.
2020-03-12 22:40 | Report Abuse
Breaking News from CNBC
Oil prices dropped as much as 8% on Thursday as crude continues to take a hit on both the supply and demand side. U.S. West Texas Intermediate crude is now down more than 25% this week, putting it on track for its worst week since December 2008, and its third largest weekly decline on record.
On Thursday WTI fell $2.04, or 6.2%, to trade at $30.95 per barrel. Earlier in the session it traded as low as $30.02.
International benchmark Brent crude fell $2.51, or 7%, to trade at $33.26 per barrel.
2020-03-12 22:40 | Report Abuse
Breaking News from CNBC
Oil prices dropped as much as 8% on Thursday as crude continues to take a hit on both the supply and demand side. U.S. West Texas Intermediate crude is now down more than 25% this week, putting it on track for its worst week since December 2008, and its third largest weekly decline on record.
On Thursday WTI fell $2.04, or 6.2%, to trade at $30.95 per barrel. Earlier in the session it traded as low as $30.02.
International benchmark Brent crude fell $2.51, or 7%, to trade at $33.26 per barrel.
2020-03-12 12:40 | Report Abuse
Breaking News from CNBC
Brent crude was trading down $1.03, or 2.9%, at $34.76 by around 0130 GMT having switched in and out of positive territory before the U.S. announcement. The contract fell nearly 4% on Thursday.
U.S. crude was down $1.13, or 3.4%, at $31.85 after dropping 4% in the previous session.
2020-03-12 12:39 | Report Abuse
Breaking News from CNBC
Brent crude was trading down $1.03, or 2.9%, at $34.76 by around 0130 GMT having switched in and out of positive territory before the U.S. announcement. The contract fell nearly 4% on Thursday.
U.S. crude was down $1.13, or 3.4%, at $31.85 after dropping 4% in the previous session.
2020-03-12 12:39 | Report Abuse
Breaking News from CNBC
Brent crude was trading down $1.03, or 2.9%, at $34.76 by around 0130 GMT having switched in and out of positive territory before the U.S. announcement. The contract fell nearly 4% on Thursday.
U.S. crude was down $1.13, or 3.4%, at $31.85 after dropping 4% in the previous session.
2020-03-12 12:39 | Report Abuse
Breaking News from CNBC
Brent crude was trading down $1.03, or 2.9%, at $34.76 by around 0130 GMT having switched in and out of positive territory before the U.S. announcement. The contract fell nearly 4% on Thursday.
U.S. crude was down $1.13, or 3.4%, at $31.85 after dropping 4% in the previous session.
2020-03-12 12:38 | Report Abuse
Breaking News from CNBC
Brent crude was trading down $1.03, or 2.9%, at $$34.76 by around 0130 GMT having switched in and out of positive territory before the U.S. announcement. The contract fell nearly 4% on Thursday.
U.S. crude was down $1.13, or 3.4%, at $31.85 after dropping 4% in the previous session.
2020-03-10 12:23 | Report Abuse
KYY wrote an article on his blog on March 2 titled "Dayang : Margin call is not so bad"
I am sure KYY must be very happy these last 2 days with his margin call, LOL
Lets us all help KYY continue his happiness in the next few days
2020-03-07 23:01 | Report Abuse
Breaking News from CNBC
Oil prices sank to multi-year lows on Friday as OPEC’s allies rejected additional production cuts proposed by OPEC on Thursday.
U.S. West Texas Intermediate crude plunged more than 10% to settle at $41.28 per barrel.
International benchmark Brent crude dropped more than 9% to hit a low of $45.18 per barrel.
2020-03-07 23:01 | Report Abuse
Breaking News from CNBC
Oil prices sank to multi-year lows on Friday as OPEC’s allies rejected additional production cuts proposed by OPEC on Thursday.
U.S. West Texas Intermediate crude plunged more than 10% to settle at $41.28 per barrel.
International benchmark Brent crude dropped more than 9% to hit a low of $45.18 per barrel.
2020-03-07 23:01 | Report Abuse
Breaking News from CNBC
Oil prices sank to multi-year lows on Friday as OPEC’s allies rejected additional production cuts proposed by OPEC on Thursday.
U.S. West Texas Intermediate crude plunged more than 10% to settle at $41.28 per barrel.
International benchmark Brent crude dropped more than 9% to hit a low of $45.18 per barrel.
2020-03-07 23:00 | Report Abuse
Breaking News from CNBC
Oil prices sank to multi-year lows on Friday as OPEC’s allies rejected additional production cuts proposed by OPEC on Thursday.
U.S. West Texas Intermediate crude plunged more than 10% to settle at $41.28 per barrel.
International benchmark Brent crude dropped more than 9% to hit a low of $45.18 per barrel.
2020-03-07 23:00 | Report Abuse
Breaking News from CNBC
Oil prices sank to multi-year lows on Friday as OPEC’s allies rejected additional production cuts proposed by OPEC on Thursday.
U.S. West Texas Intermediate crude plunged more than 10% to settle at $41.28 per barrel.
International benchmark Brent crude dropped more than 9% to hit a low of $45.18 per barrel.
2020-03-07 22:59 | Report Abuse
Breaking News from CNBC
Oil prices sank to multi-year lows on Friday as OPEC’s allies rejected additional production cuts proposed by OPEC on Thursday.
U.S. West Texas Intermediate crude plunged more than 10% to settle at $41.28 per barrel.
International benchmark Brent crude dropped more than 9% to hit a low of $45.18 per barrel.
2020-03-07 22:59 | Report Abuse
Breaking News from CNBC
Oil prices sank to multi-year lows on Friday as OPEC’s allies rejected additional production cuts proposed by OPEC on Thursday.
U.S. West Texas Intermediate crude plunged more than 10% to settle at $41.28 per barrel.
International benchmark Brent crude dropped more than 9% to hit a low of $45.18 per barrel.
2020-03-07 22:58 | Report Abuse
Breaking News from CNBC
Oil prices sank to multi-year lows on Friday as OPEC’s allies rejected additional production cuts proposed by OPEC on Thursday.
U.S. West Texas Intermediate crude plunged more than 10% to settle at $41.28 per barrel.
International benchmark Brent crude dropped more than 9% to hit a low of $45.18 per barrel.
2020-03-06 23:12 | Report Abuse
Breaking News from CNBC
Oil prices sank to multi-year lows on Friday as Russia reportedly rejected steeper OPEC cuts, according to a report from Reuters.
U.S. West Texas Intermediate crude slid $2.76, or 6%, to $43.14 per barrel. At the low it hit $42.67, its lowest level since Dec. 26, 2018.
International benchmark Brent crude slid $3.07 or 6.1% to $46.94 per barrel. At its low Brent hit $46.70, its lowest level since July 11, 2017.
2020-03-06 23:12 | Report Abuse
Breaking News from CNBC
Oil prices sank to multi-year lows on Friday as Russia reportedly rejected steeper OPEC cuts, according to a report from Reuters.
U.S. West Texas Intermediate crude slid $2.76, or 6%, to $43.14 per barrel. At the low it hit $42.67, its lowest level since Dec. 26, 2018.
International benchmark Brent crude slid $3.07 or 6.1% to $46.94 per barrel. At its low Brent hit $46.70, its lowest level since July 11, 2017.
2020-03-06 14:53 | Report Abuse
Dayang reported a REDUCED NET PROFIT of 27% for Q419 compared to Q319.
Historically, Dayang posted Q1 NET LOSS for the last 3 years due to monsoon.
Q1 2019 :- Net loss = 17.1 mil
Q1 2018 :- Net loss = 47.6 mil
Q1 2017 :- Net loss = 43.5 mil
Will Dayang report a NET LOSS for Q1 2020? VERY LIKELY, maybe at best, a very much reduced net profit for Q1 2020 compared to Q4 2019
Thus, Dayang will post 2 CONSECUTIVE QUARTERLY REDUCED NET PROFIT.
Now, that makes Dayang "NO LONGER PROFIT GROWTH STOCK" & "KYY GOLDEN RULE DEFINITELY BROKEN"
2020-03-03 23:51 | Report Abuse
Dayang reported a REDUCED PROFIT of 27% for Q419 compared to Q319.
Historically, Dayang posted Q1 NET LOSS for the last 3 years.
Q1 2019 :- Net loss = 17.1 mil
Q1 2018 :- Net loss = 47.6 mil
Q1 2017 :- Net loss = 43.5 mil
Will Dayang report a NET LOSS for Q1 2020? I think likely.
or
Perhaps a MUCH REDUCED NET PROFIT QoQ for Q1 2020, thus Dayang posting 2 CONSECUTIVE QUARTERLY REDUCED NET PROFIT.
2020-02-26 23:26 | Report Abuse
Breaking News from CNBC
U.S. crude dropped below $50 on Wednesday, the lowest level since January 2019, as Asia, Europe and oil producing countries in the Middle East reported hundreds of new coronavirus cases and the United States warned of an inevitable pandemic.
Brent crude fell $1.09, or 2%, to $53.86 per barrel, while U.S. West Texas Intermediate crude dropped 68 cents, or 1.4%, to trade at $49.22 per barrel.
2020-02-26 23:25 | Report Abuse
Breaking News from CNBC
U.S. crude dropped below $50 on Wednesday, the lowest level since January 2019, as Asia, Europe and oil producing countries in the Middle East reported hundreds of new coronavirus cases and the United States warned of an inevitable pandemic.
Brent crude fell $1.09, or 2%, to $53.86 per barrel, while U.S. West Texas Intermediate crude dropped 68 cents, or 1.4%, to trade at $49.22 per barrel.
2020-02-26 23:25 | Report Abuse
Breaking News from CNBC
U.S. crude dropped below $50 on Wednesday, the lowest level since January 2019, as Asia, Europe and oil producing countries in the Middle East reported hundreds of new coronavirus cases and the United States warned of an inevitable pandemic.
Brent crude fell $1.09, or 2%, to $53.86 per barrel, while U.S. West Texas Intermediate crude dropped 68 cents, or 1.4%, to trade at $49.22 per barrel.
2020-02-26 23:25 | Report Abuse
Breaking News from CNBC
U.S. crude dropped below $50 on Wednesday, the lowest level since January 2019, as Asia, Europe and oil producing countries in the Middle East reported hundreds of new coronavirus cases and the United States warned of an inevitable pandemic.
Brent crude fell $1.09, or 2%, to $53.86 per barrel, while U.S. West Texas Intermediate crude dropped 68 cents, or 1.4%, to trade at $49.22 per barrel.
2020-02-26 23:24 | Report Abuse
Breaking News from CNBC
U.S. crude dropped below $50 on Wednesday, the lowest level since January 2019, as Asia, Europe and oil producing countries in the Middle East reported hundreds of new coronavirus cases and the United States warned of an inevitable pandemic.
Brent crude fell $1.09, or 2%, to $53.86 per barrel, while U.S. West Texas Intermediate crude dropped 68 cents, or 1.4%, to trade at $49.22 per barrel.
2020-02-26 23:24 | Report Abuse
Breaking News from CNBC
U.S. crude dropped below $50 on Wednesday, the lowest level since January 2019, as Asia, Europe and oil producing countries in the Middle East reported hundreds of new coronavirus cases and the United States warned of an inevitable pandemic.
Brent crude fell $1.09, or 2%, to $53.86 per barrel, while U.S. West Texas Intermediate crude dropped 68 cents, or 1.4%, to trade at $49.22 per barrel.
2020-02-26 23:24 | Report Abuse
Breaking News from CNBC
U.S. crude dropped below $50 on Wednesday, the lowest level since January 2019, as Asia, Europe and oil producing countries in the Middle East reported hundreds of new coronavirus cases and the United States warned of an inevitable pandemic.
Brent crude fell $1.09, or 2%, to $53.86 per barrel, while U.S. West Texas Intermediate crude dropped 68 cents, or 1.4%, to trade at $49.22 per barrel.
2020-02-26 23:23 | Report Abuse
Breaking News from CNBC
U.S. crude dropped below $50 on Wednesday, the lowest level since January 2019, as Asia, Europe and oil producing countries in the Middle East reported hundreds of new coronavirus cases and the United States warned of an inevitable pandemic.
Brent crude fell $1.09, or 2%, to $53.86 per barrel, while U.S. West Texas Intermediate crude dropped 68 cents, or 1.4%, to trade at $49.22 per barrel.
2020-02-04 09:04 | Report Abuse
Breaking News from CNBC
U.S. West Texas Intermediate fell 2.8%, or $1.45 per barrel, to settle at $50.11 per barrel. Earlier in the session, WTI fell more than 3% to $49.92, its lowest level since Jan. 2019.
International benchmark Brent crude dropped 3.9%, or $2.21, to $54.41 and hit its lowest level since Jan. 3, 2019.
2020-02-04 09:04 | Report Abuse
Breaking News from CNBC
U.S. West Texas Intermediate fell 2.8%, or $1.45 per barrel, to settle at $50.11 per barrel. Earlier in the session, WTI fell more than 3% to $49.92, its lowest level since Jan. 2019.
International benchmark Brent crude dropped 3.9%, or $2.21, to $54.41 and hit its lowest level since Jan. 3, 2019.
2020-02-04 09:04 | Report Abuse
Breaking News from CNBC
U.S. West Texas Intermediate fell 2.8%, or $1.45 per barrel, to settle at $50.11 per barrel. Earlier in the session, WTI fell more than 3% to $49.92, its lowest level since Jan. 2019.
International benchmark Brent crude dropped 3.9%, or $2.21, to $54.41 and hit its lowest level since Jan. 3, 2019.
2020-02-04 09:04 | Report Abuse
Breaking News from CNBC
U.S. West Texas Intermediate fell 2.8%, or $1.45 per barrel, to settle at $50.11 per barrel. Earlier in the session, WTI fell more than 3% to $49.92, its lowest level since Jan. 2019.
International benchmark Brent crude dropped 3.9%, or $2.21, to $54.41 and hit its lowest level since Jan. 3, 2019.
2020-02-04 09:03 | Report Abuse
Breaking News from CNBC
U.S. West Texas Intermediate fell 2.8%, or $1.45 per barrel, to settle at $50.11 per barrel. Earlier in the session, WTI fell more than 3% to $49.92, its lowest level since Jan. 2019.
International benchmark Brent crude dropped 3.9%, or $2.21, to $54.41 and hit its lowest level since Jan. 3, 2019.
2020-02-04 09:03 | Report Abuse
Breaking News from CNBC
U.S. West Texas Intermediate fell 2.8%, or $1.45 per barrel, to settle at $50.11 per barrel. Earlier in the session, WTI fell more than 3% to $49.92, its lowest level since Jan. 2019.
International benchmark Brent crude dropped 3.9%, or $2.21, to $54.41 and hit its lowest level since Jan. 3, 2019.
2020-02-04 09:03 | Report Abuse
Breaking News from CNBC
U.S. West Texas Intermediate fell 2.8%, or $1.45 per barrel, to settle at $50.11 per barrel. Earlier in the session, WTI fell more than 3% to $49.92, its lowest level since Jan. 2019.
International benchmark Brent crude dropped 3.9%, or $2.21, to $54.41 and hit its lowest level since Jan. 3, 2019.
2020-02-04 09:02 | Report Abuse
Breaking News from CNBC
U.S. West Texas Intermediate fell 2.8%, or $1.45 per barrel, to settle at $50.11 per barrel. Earlier in the session, WTI fell more than 3% to $49.92, its lowest level since Jan. 2019.
International benchmark Brent crude dropped 3.9%, or $2.21, to $54.41 and hit its lowest level since Jan. 3, 2019.
2020-01-27 23:06 | Report Abuse
Breaking News from CNBC
Oil dropped to its lowest level since October on Monday, as fears over a potential slowdown in crude demand, sparked by the coronavirus outbreak, continued to pressure prices.
U.S. West Texas Intermediate crude fell 2.3%, or $1.26, to $52.93, putting it on pace for its fifth straight session of losses. At its low, WTI dipped more than 3% to hit $52.13, a price not seen since Oct. 10.
International benchmark Brent crude fell 2.5%, or $1.53, to $59.16. It’s also coming off its third straight week of losses, and its worst week since Dec. 2018.
2020-01-27 23:05 | Report Abuse
Breaking News from CNBC
Oil dropped to its lowest level since October on Monday, as fears over a potential slowdown in crude demand, sparked by the coronavirus outbreak, continued to pressure prices.
U.S. West Texas Intermediate crude fell 2.3%, or $1.26, to $52.93, putting it on pace for its fifth straight session of losses. At its low, WTI dipped more than 3% to hit $52.13, a price not seen since Oct. 10.
International benchmark Brent crude fell 2.5%, or $1.53, to $59.16. It’s also coming off its third straight week of losses, and its worst week since Dec. 2018.
2020-01-27 23:05 | Report Abuse
Breaking News from CNBC
Oil dropped to its lowest level since October on Monday, as fears over a potential slowdown in crude demand, sparked by the coronavirus outbreak, continued to pressure prices.
U.S. West Texas Intermediate crude fell 2.3%, or $1.26, to $52.93, putting it on pace for its fifth straight session of losses. At its low, WTI dipped more than 3% to hit $52.13, a price not seen since Oct. 10.
International benchmark Brent crude fell 2.5%, or $1.53, to $59.16. It’s also coming off its third straight week of losses, and its worst week since Dec. 2018.
2020-01-27 23:05 | Report Abuse
Breaking News from CNBC
Oil dropped to its lowest level since October on Monday, as fears over a potential slowdown in crude demand, sparked by the coronavirus outbreak, continued to pressure prices.
U.S. West Texas Intermediate crude fell 2.3%, or $1.26, to $52.93, putting it on pace for its fifth straight session of losses. At its low, WTI dipped more than 3% to hit $52.13, a price not seen since Oct. 10.
International benchmark Brent crude fell 2.5%, or $1.53, to $59.16. It’s also coming off its third straight week of losses, and its worst week since Dec. 2018.
2020-01-27 23:04 | Report Abuse
Breaking News from CNBC
Oil dropped to its lowest level since October on Monday, as fears over a potential slowdown in crude demand, sparked by the coronavirus outbreak, continued to pressure prices.
U.S. West Texas Intermediate crude fell 2.3%, or $1.26, to $52.93, putting it on pace for its fifth straight session of losses. At its low, WTI dipped more than 3% to hit $52.13, a price not seen since Oct. 10.
International benchmark Brent crude fell 2.5%, or $1.53, to $59.16. It’s also coming off its third straight week of losses, and its worst week since Dec. 2018.
2020-01-27 23:04 | Report Abuse
Breaking News from CNBC
Oil dropped to its lowest level since October on Monday, as fears over a potential slowdown in crude demand, sparked by the coronavirus outbreak, continued to pressure prices.
U.S. West Texas Intermediate crude fell 2.3%, or $1.26, to $52.93, putting it on pace for its fifth straight session of losses. At its low, WTI dipped more than 3% to hit $52.13, a price not seen since Oct. 10.
International benchmark Brent crude fell 2.5%, or $1.53, to $59.16. It’s also coming off its third straight week of losses, and its worst week since Dec. 2018.
2020-01-27 23:03 | Report Abuse
Breaking News from CNBC
Oil dropped to its lowest level since October on Monday, as fears over a potential slowdown in crude demand, sparked by the coronavirus outbreak, continued to pressure prices.
U.S. West Texas Intermediate crude fell 2.3%, or $1.26, to $52.93, putting it on pace for its fifth straight session of losses. At its low, WTI dipped more than 3% to hit $52.13, a price not seen since Oct. 10.
International benchmark Brent crude fell 2.5%, or $1.53, to $59.16. It’s also coming off its third straight week of losses, and its worst week since Dec. 2018.
Stock: [ALAM]: ALAM MARITIM RESOURCES BHD
2020-03-18 09:55 | Report Abuse
Breaking News from CNBC
Oil dropped more than 6% to multi-year lows on Tuesday, and analysts said more declines may follow as the coronavirus pandemic hits demand and Saudi Arabia and Russia battle for market share.
Brent crude fell 98 cents, or 3.2% to trade at $29.07 per barrel, having earlier touched $31.25. On Monday it sank to $29.45, the lowest since January 2016.
U.S. West Texas Intermediate crude reversed all of an earlier 4.7% gain to shed $1.75, or 6.1%, and close at $26.95 per barrel, its lowest level since Feb. 2016.