Posted by ufoisreal > 2014-11-28 01:34 | Report Abuse

http://www.bloomberg.com/news/2014-11-26/dollar-holds-losses-after-crude-extends-slump-before-opec.html domino efffect?

Posted by profit profits > 2014-11-28 08:19 | Report Abuse

Oil price drop does not impact the profits of these companies who just work to transport oils for petronas. Since Opec not to cut production, should not it means still same amount of works for them.
i am confused.

Posted by ketupatlazat > 2014-11-28 09:39 | Report Abuse

That's the fundemental side.

This market right now is 99% sentiment-driven. fundamentals wont be in any way effective in the short term

Posted by Kian Leong Lim > 2014-11-28 11:57 | Report Abuse

Oil price drop doesn't necessary going to impact the edible oil market. You can always not drive a car, but you can not goreng sayo without edible oil. The palm oil is the cheapest as a ingredient for all edible oil. If you are eating at home, you probably will use corn oil, sun-flower oil, and etc. But if you are doing business, to reduce cost, you definitely are more likely to choose palm oil. Iｂｅｌｉｅｖｅ　ｔｈｅ　ｐｒｉｃｅ　ｏｆ　ｐａｌｍ　ｏｉｌ　ｗｉｌｌ　ｈａｖｅ　ａｔ　ｌｅａｓｔ　２　ｙｅａｒｓ　ｏｆ　ｖｏｌａｔｉｌｉｔｙ　ａｎｄ　ｉｔ　ｗｉｌｌ　ｇｏ　ｕｐ　ｔｏ　ＲＭ２５００　ｐｅｒ　ｔｏｎ　ａｎｄ　ｓｔａｙ　ｔｈｅｒｅ　ｍｏｒｅ　ｐｅｒｍａｎｅｎｔｌｙ　ａｓ　ｍｏｒｅ　ｉｍｐｒｏｖｅｍｅｎｔ　ａｒｅ　ｓｅｅｎ　ｉｎ　ｔｈｅ　ｗｏｒｌｄ　ｅｃｏｎｏｍｙ．　Ｏｉｌ　ｓｌｉｄｅ　ｉｍｐｒｏｖｅｓ　ｅｃｏｎｏｍｙ　ｉｎ　ｇｅｎｅｒａｌ．　Ｔｈｅ　ｏｉｌ　ｓｌｉｄｅ　ｗｉｌｌ　ａｓｓｉｓｔ　ｔｈｅ　ｐａｌｍ　ｏｉｌ　ｓｅｃｔｏｒ　ａｎｄ　ｎｏｔ　ｈｕｒｔｉｎｇ　ｉｔ　ｉｓ　ｍｙ　ｏｐｉｎｉｏｎ　ｏｎｌｙ．　Ａｓ　ｈｕｍａｎｓ，　ｇｕｙｓ　ｏｒ　ｇｉｒｌｓ，　ｗｅ　ａｌｌ　ａｌｓｏ　ｌｉｋｅ　ｔｏ　ｄｏ　ｔｈｅ　ｌｏｖｅ　ｔｈｉｎｇｓ，　ｎｏ　ｍａｔｔｅｒ　ｗｈｅｎ，　ｔｈａｔ　ｉｓ　ｗｈｙ　ｐｏｐｕｌａｔｉｏｎ　ｃａｎ　ｏｎｌｙ　ｉｎｃｒｅａｓｅ　ｉｎ　ｔｈｅ　ｌｏｎｇ　ｔｅｒｍ．　Ｔｈｉｓ　ｉｓ　ｇｒｏｗｔｈ　ｆｏｒ　ｐａｌｍ　ｏｉｌ　ｔｏｏ！

Posted by murali > 2014-11-28 14:02 | Report Abuse

Cpteh likes to talk abt the history..anyway stock investment is abt predicting the future

Posted by cariayam > 2014-11-28 19:26 | Report Abuse

Read this ...very relevant ..http://gorengaddict.blogspot.com/2014/11/what-is-oil-shale.html

Posted by miapancho > 2014-11-28 22:18 | Report Abuse

OIL N GAS CLASSES SOON...HOW ABOUT THE FEES,,HOW MUCH ??????????