If Opec and non Opec cancel what they agree , then the entry price will be below 0.30. Let see what they going to do, i think they will bring America join them. If not oil will be below 30.00.

Brent @ 55.02 now

I think US will ramp up production after pipeline completion and opec will revert supply cut to force import by US

Franklim I agree with you but if you keep cut your production and I keep pump oil more and more to market make big money what you going to do?

Recent Quotes
Name Price Chg. Chg. %

Brent Oil 55.08 -0.36 -0.65%
Crude Oil 52.83 -0.35 -0.66%

Hibiscus is good counter no doubt about that, but look at America keep pump oil more and more, how long non opec will wait. Saudi and all member will cancel oil cut then price war will start will drag price to vey low. this what i thinking. Lost little is better then I lost all what i earn from this counter.

Yes but have to let go, wait site line for batter price, hope can enter @ lower price. Trump policy is really headache .

buy @0.475 cut loses @0.465

I cut loses not dare to keep

If drop 0.46 Look not good, maybe down badly.

Uptrend still intact , Hibiscus maybe try to stay at reasonable even oil price drop. Maybe 0.60 is reasonable price for now.

As I say Trump is crazy never bother about oil price , he will do what he want to do. This going to kill America business.

I don't think success. Need Mp vote.

Theresa May cannot trigger Brexit without parliamentary permission, UK Supreme Court rules

https://www.rt.com/uk/374880-may-trigger-brexit-supreme/

Re enter @0.475 but very tough decision.

Crude support level 53.02

Today Dollar down oil up.

Yes TQ

B4b4 thanks for your advice I keep monitoring the share price and will enter at right time, not bother about price, for me if market good below 0.50 is cheap.

When they keep increase that mean they are not going to support oil price, but they want to play dirty game. More Opec and non Opec cut they will add and add. Hibiscus will go high if oil price keep increase, waiting right time to re enter. At this time site line is better for me, I cannot burn my money after make big money.

This week will be very tough week by Friday price maybe will drop below support level 0.435 according to data released on Friday showed U.S. drillers added 29 rigs, the most in almost four years by the end of the previous week, taking the total count up to 551.

Recent Quotes
Name Price Chg. Chg. %

Brent Oil 54.82 -0.67 -1.21%
Crude Oil 52.48 -0.74 -1.39%

Oilfield services provider Baker Hughes said Friday that the number of rigs drilling for oil in the U.S. last week jumped by 29 to 551, the largest weekly increase since a recovery in the rig count began in June and the highest level in around 14 months.

https://www.investing.com/news/commodities-news/oil-starts-the-week-lower-as-markets-focus-on-u.s.-drilling-activity-454937

Most probably Hibiscus will be yo yo until Trump policy clear, If night oil crash then chances to back to below 0.40 very high.

Not only Saudi Arabia all oil country suffer from low price. America will take advantage from high price to pump more oil to market, so oil price will not going anywhere. Hibiscus will remain struggler up and down, site line is better for now.
.

If you all see selling q is more for sale compare from buying site, people believe Trumps cannot be trust for oil war, Look like somebody keep selling the share @0.47 before going down.

For me Hibiscus is the best counter and I make money from this, but now is not the time to enter because Trump is not success business man, even if he lose election he be come bankrupt. He always make dissection what he this right for him, I worry only about his oil policy. He never bother if price up or down, he want to use own oil to run the country. America is no. 1 biggest oil reserve country in the world.

From today we will know what trump going to do, if he pull oil to market is bad news for oil. If he stay at current level is good. Opec meeting is nothing, they din't produce any data of evidence. The charts show lower prices coming.....guaranteed!
Will enter after Trump make clear picture on oil.

Trumps hold very sharp knife for Oil, only re enter after his clear policy on oil. I don't think market will perform better from tomorrow onward .

https://www.energyvoice.com/oilandgas/129322/explorers-oil-bright-spot-seek-tax-breaks-spur-output/

They will open many Rig and give many job but when oil float at market I don't think price will go up. Hope the best. Still waiting for lower price to enter.

As what i know is sharing is caring but here look like some people is don't like sharing , sorry for my advice. Have are nice day everyone.

B4b4 when come to panic anything can be happen, just be caution.

Panic sale UMGOW may hit below 0.70 can hit most O&G counter

If brake 0.435 then my entry price will be -.38-0.40 if support level strong at 43.5 that is my entry level.

Damage of UMWOG share 0.75 can drag Hibiscus to low be caution .

This is example for Hibiscus for now

UMWOG share offer at 0.90 but people throw 0.78 while Icon share offer @ 0.50 still cannot push to 0.50

Waiting the ball come to me @0.40-0.42

B4b4 I now only watching the show, after make some big .

Wait for lower price, I think the lowest today will be 0.435 hope not brake this point, if brake then I have to revise entry price to very low.

Waiting price 0.40 - 0.42 today maybe hit 0.435

tomorrow 43.5

Every 10 years sure have big crash but this time already very long no big crash, Trumps will made it happen this time.

No hope up today

Maybe today closed @ 0.45

Unusual this time down, look very scary. Look like tomorrow another round before wake up.

If brake 43.5 will be below 0.40

Will wait 0.40 to re enter

waiting 0-40-0.42