4.5 mil vehicles expected on roads until Sunday — Bukit Aman
https://www.theedgemarkets.com/article/45-mil-vehicles-expected-roads-until-sunday-%E2%80%94-bukit-aman

Road users heading home earlier to avoid traffic jams
https://www.nst.com.my/news/nation/2022/05/793972/road-users-heading-home-earlier-avoid-traffic-jams

Coronavirus: Travellers flocking to Singapore, Malaysia and Southeast Asia as Covid-19 curbs eased
https://www.scmp.com/news/asia/southeast-asia/article/3176089/coronavirus-travellers-flocking-singapore-malaysia-and

Reopening of state borders sees pick-up in visitor arrivals, says Sarawak Tourism Federation president
https://www.malaymail.com/news/malaysia/2022/05/06/reopening-of-state-borders-sees-pick-up-in-visitor-arrivals-says-sarawak-to/2057362

Data as of 5 May 2022, 11:59 pm
Daily COVID-19 Cases
Data for Malaysia | Data for past 6 months
Daily - Cases
+1,278

HRC's complex oil refinery in Port Dickson has a licensed production capacity of 156,000 barrels per day. The major operating units in the refinery consist of two crude distillers, a long residue catalytic cracker (LRCCU), two naptha treaters and a merox plant, two reformers and a gasoil treatment plant. It also produces a comprehensive range of petroleum products including liquefied petroleum gas (LPG), gasoline, diesel, aviation fuel, fuel oil components, and chemical feedstocks like light naphtha and propylene. Approximately 85 percent of these refined products are sold in Malaysia.

Thailand ramps up crude imports to feed high refinery runs amid tourism revival

https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/oil/050522-thailand-ramps-up-crude-imports-to-feed-high-refinery-runs-amid-tourism-revival

This comes as Reuters reported on Thursday that Asian oil refiners are reaping their highest profits ever in the last week of April, spurred by higher fuel demand during peak holiday seasons as more economies recover from the Covid-19 pandemic, while the region ramps up exports to Europe to replace a Russia shortfall.

Reuters also reported that profit margins for complex refiners in Singapore — the bellwether for Asian refiners — had tipped over US$20 a barrel on Wednesday while crack spreads for gasoline, diesel and jet fuel had set fresh record highs of US$22.28, US$47.53 and US$37.38 per barrel respectively on Thursday, as transportation returns to form amid easing of pandemic containment measures across the globe.

Earlier this month on April 4, rating agency Moody’s Investors Service had also said Asian refining margins will remain buoyant in 2022 as easing movement restrictions boost demand for transportation fuels, while uptake for Asian fuels from Europe has increased due to international sanctions on Russia.

We need our money back, say AirAsia passengers struggling with pandemic hardships

https://www.msn.com/en-my/travel/news/we-need-our-money-back-say-airasia-passengers-struggling-with-pandemic-hardships/ar-AAWYeZd?ocid=winp1taskbar&cvid=77156213dd774f90dcf4eb5245c13aa6

oil will go higher again..

early day.. wait till it is closer to QR. :)

someone idss 85k unit. haha

Lol. Palm oil got limit la. Ppl eat sunflower biasa liao. Don't want switch to palm oil la

Everyone need oil. Malaysia economy fully open.

Lol. Then why bother invest. Haha

Baru so many green candle signal strong bull.. oil money dump for what. Oil money all know where can earn money 1. Malaysia Electric car cannot la.

Undervalued. Sure strong.

kYY = Master of write article to sell.

kYY macam still stuck in plantation

Close like this. Tomorrow continue.

Walan. Really break

Hengyuan’s 3Q net profit triples on higher oil prices when oil around $40ish.. year 2020.

Now it's time to go to moon.

He will only write it when he is ready to sell. Haha

If clear 6.5 meaning go to 6.8 without resistance?

If crack spread around 15-18. Already enough push this to rm10.

Those who know the value 1 won't sell 1.

IB want to sapu all

slowly up better haha. next few quarters sure earn a lot.

people will flock to oil stock.

holiday is over. soon we have to pump higher price ron95.

EU ban ppl transport oil from russia. haha

7.55

next few quarter should still be good. because ukraine russia war is not going to end soon.

i still remember the price stopped going down because it gets banned from trading.

if only sd can go back to old price after account manipulation. haha

datokyle suka joke alot.

PE 20 now.

ya alot ppl scold you make them lose money.

long holiday. retrace a bit is normal.

all penny stocks so weak.

crucial next few days.. up or down.

this shark pandai main. sell a bit. scare weak hand. hehe.

thanks Biden and Putin. got both of them support. no scare la.

see you in RM10.

can hold some in portfolio.

steal price of the year.

even if cannot reach all time high RM18. i think RM9-10 is highly possible.

the world is hungry of oil. especially shell..
Shell announces intent to withdraw from Russian oil and gas

Our significant customers for main fuels are Shell Malaysia Trading Sdn Bhd and Shell Timur Sdn Bhd, with whom we have entered into a 10 year term Product

government going to increase ron95 price..