Dear super otai trader here .... what do you think this counter can break 10 sen. I bought 8 sen share price. Waiting for more than 1month...not moving...
su1801..this paktua advices.. alam need oil above usd35 then alam will above 0.10.. its will take at least couples months a head to reach that.. if can hold than hold..if need money cut lost now..
here battles.. has tu use besiege the fortress strategies.. attack and hold..fire on weakness means buy on deep..stay hold..
ones great leader was say.. "Give me six hours to chop down a tree.. and.. I will spend the first four sharpening the axe” remember.. smart people prepare things well in advance and that the way they preform..
tut tut "jika nak potong pokok biar kapaknya tajam pak.. usah potongnya guna keris engak ganteng kerjanya.." kata pak Suharto
Brent oil price, the international benchmark, rises around 6% Crude oil futures climbed sharply on Thursday, at least partly supported by Saudi Arabia’s decision to lift prices to help stabilize values, while China’s appetite for the commodity picked up in April compared with prior months. Saudi Arabia, the most influential member of the Organization of Petroleum Exporting Countries, is raising crude prices for its customers world-wide, according to Bloomberg TV.
Meanwhile, China’s imports rose to 10.42 million barrels a day in April from 9.68 million in March, according to Reuters data. Overall imports for the world’s second-largest economy and the biggest oil importer were down 14.2% from the year-ago period. However, exports from the country grew an unexpected 3.5% from the previous year. That data combined with hope of a slowdown in production by global oil producers and a gradual revival of economies around the globe after restrictions due to the COVID-19 pandemic are lifted are expected to eventually lift crude prices. “Oil is ruining up on hopes on rebounding demand,” wrote Peter Cardillo, chief market economist at Spartan Capital Securities in a daily research note. West Texas Intermediate crude for June delivery CL CLM20+9.38% on the New York Mercantile Exchange, rose $2, or 8.3%, to $25.99 a barrel, after settling 2.4% lower on Wednesday, which snapped a five-session streak of gains. Global benchmark July Brent crude UK:BRNN20+5.99% picked up $1.54, or 5.2%, at $31.26 a barrel on ICE Futures Europe, following a 4% decline in the prior session.
The EIA reported Wednesday that U.S. crude inventories rose 4.6 million barrels for the week ended May 1. The data, which excludes changes in the SPR, marked a 15th consecutive weekly rise, but was smaller than the average increase of 7.1 million barrels forecast by analysts polled by S&P Global Platts. Investors are also digesting the U.S. weekly jobless claims data Thursday which showed more than 3 million Americans lost employment, adding to the already 30 million figure that has been racked up over the past six weeks. Some signs of easing tensions between China and the U.S. may also be providing a lift to crude prices, as Bloomberg News reported on Thursday that U.S. trade negotiator Robert Lightihizer and his counterpart Liu He are scheduled to have a call to discuss progress on a phase-one trade deal between the countries that had looked in jeopardy of being quashed by President Donald Trump.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
investortrader88
3,234 posts
Posted by investortrader88 > 2020-05-05 22:03 | Report Abuse
"Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble."-Warren Buffet.
WTI CRUDE
25.80
+13.26%
BRENT CRUDE
30.31
+11.43%