Posted by VTrade > 2022-06-30 09:56 | Report Abuse

Oil have to support at 111

Posted by ks5S > 2022-06-30 09:57 | Report Abuse

today closing will be 1.05 at least as today is 6 months closing

Posted by VTrade > 2022-06-30 10:38 | Report Abuse

Tak berani cakap
Kena see oil

Posted by paktua73 > 2022-06-30 10:53 |

Post removed.Why?

Posted by birdparadise > 2022-06-30 10:54 |

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Posted by paktua73 > 2022-06-30 11:06 |

Post removed.Why?

Posted by nazrzach > 2022-06-30 11:18 | Report Abuse

Updates. Clink link below.
Hope this helps

https://www.linkedin.com/posts/nazrin-zakaria-1542599b_oilandgas-activity-6948093902880972800-nLk6?utm_source=linkedin_share&utm_medium=android_app

Posted by VFTRADER > 2022-06-30 11:21 | Report Abuse

White House is studying the impact to US economy if oil price hit $200/barrel.

Does this means the max that can swallowed by Biden Administration = US$200/barrel????

Only time can tell.........

Posted by VTrade > 2022-06-30 11:26 | Report Abuse

Tq ya

Posted by Raymond Tiruchelvam > 2022-06-30 23:56 | Report Abuse

https://www.youtube.com/watch?v=4IHk5fzk8Cs .... interesting ONG coverage by kenanga

Posted by ks5S > 2022-07-01 06:19 | Report Abuse

Biden said in a Thursday press conference that Americans would suffer high gasoline prices for as long as it takes for Russia to be defeated.

New York Times’ Jim Tankersley asked the President on the final day of the NATO summit in Madrid how long American drivers would have to pay a premium for gasoline.

“The war has pushed prices up—they could go as high as $200 per barrel, some analysts think. How long is it fair to expect American drivers and drivers around the world to pay that premium for this war?” Tankersley asked.

“As long as it takes so Russia cannot, in fact, defeat Ukraine,” President Biden replied.

“If we do these things—and it’s estimated we could bring down tomorrow, if they—if Congress agreed and the states agreed, we could bring down the price of oil about $1 a gallon at the pump—in that range. And so we could have immediate relief in terms of the reduction of the—of the elimination of—temporary elimination of the gas tax. And so, I think there’s a lot of things we can do, and we will do, but the bottom line is, ultimately, the reason why gas prices are up is because of Russia. Russia, Russia, Russia,” President Biden added.

The Biden Administration has been under extreme pressure to bring down the prices at the pump for Americans. Gasoline prices began to rise early in 2021 as post-pandemic demand began to come back online. U.S. refiners are now running at 95% of capacity, and there are no new refineries due to come online in the United States. Gasoline prices spiked even higher as crude oil prices rose in the wake of Russia’s invasion of Ukraine.

By Julianne Geiger for Oilprice.com

Posted by icecool > 2022-07-01 11:26 | Report Abuse

reverse gear

Posted by value_seeker > 2022-07-01 12:11 | Report Abuse

Can load all for Malaysians. The new fresh klse 30 is coming buy while cheap.

Posted by BobAxelrod > 2022-07-01 15:49 |

Post removed.Why?

Posted by rattynz > 2022-07-01 16:53 | Report Abuse

Yes.. It is disappointing. Hibiscus PR haven't helped by remaining silent over the past 6 weeks while 1.2 billion of shareholders value disappeared. I beleive alls good but there's a lesson to be learnt here about perception and managing that. I also don't beleive the short selling numbers the SEC states.. Clearly it's been manipulated over the last month..

Posted by rattynz > 2022-07-01 16:56 | Report Abuse

Anyways not in it for the short term.. Oils not going anywhere and hibiscus is well placed to do exceptionally well over the next few years

Posted by rattynz > 2022-07-01 16:59 | Report Abuse

Funny as I say that oil jumps up $2

Posted by kakiminyak > 2022-07-01 21:51 | Report Abuse

No worries bro everything will be all right.

Posted by zhangzuode > 2022-07-02 09:21 | Report Abuse

https://oilprice.com/Latest-Energy-News/World-News/Oil-Should-Stay-In-Triple-Digits-Analyst.html

Posted by zhangzuode > 2022-07-02 09:24 | Report Abuse

Fellow investors - it is not only Malaysia O&G, it is all over the world. If it is only Malaysia, then worry.

And it is going into summer time in the Northern hemisphere, Middle East themselves will be using more oil to keep cool in the heat-waves.

Posted by Noni > 2022-07-02 09:25 | Report Abuse

Rich oil well, price above cost, all is good

Posted by nazrzach > 2022-07-02 15:11 | Report Abuse

New Updates.
Pls click link below.
https://www.linkedin.com/posts/nazrin-zakaria-1542599b_oilandgas-invest-activity-6948880534190108672-bJEH?utm_source=linkedin_share&utm_medium=android_app

Posted by twynstar > 2022-07-03 20:54 | Report Abuse

Average Brent price

April : USD 105.82/bbl

May : USD 110.92/bbl

June : USD 116.94/bbl

Q4FY2022 , April - June : USD 111.31/bbl

** Hibiscus can sell crude oil with Brent price at least 5% premium due to tight market


https://www.investing.com/commodities/brent-oil-historical-data

Posted by nazrzach > 2022-07-04 09:50 | Report Abuse

Latest update
Pls click link below. Its free.
Dont forget to Like if you find it helpful.

https://www.linkedin.com/posts/nazrin-zakaria-1542599b_invest-oilandgas-activity-6949530532179283968-pZ8_?utm_source=linkedin_share&utm_medium=android_app

Posted by derrtan > 2022-07-04 13:42 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3273582

Posted by bullmarket1628 > 2022-07-05 07:15 |

Post removed.Why?

Posted by paktua73 > 2022-07-05 08:08 |

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Posted by investor2021trading > 2022-07-05 08:13 | Report Abuse

still see strong interest by investors on Hibiscus!

Posted by newbie8080 > 2022-07-05 10:01 | Report Abuse

@paktua73
You didnt capture 0.90 last last friday

Posted by mrcrab > 2022-07-05 10:03 | Report Abuse

WTI up 2.5%

Posted by paktua73 > 2022-07-05 10:08 |

Post removed.Why?

Posted by birdparadise > 2022-07-05 12:18 |

Post removed.Why?

Posted by Ryan83 > 2022-07-05 16:38 | Report Abuse

rr88 sifu buying 10,000 lots Top Glove @ 1.018 with investment RM1.02 million really confident with loss making Top Glove next quarter in September

Posted by kahhoeng > 2022-07-05 18:21 | Report Abuse

i guess only until Hibiscus showing great profit @ 100 brent crude that we'll see a rally in Hibiscus share price. Otherwise, everyone will keep on wondering if the Repsol deal is a so-so deal, at least Q3 earning report is suggesting that. Sigh!

Posted by newbie8080 > 2022-07-05 19:27 | Report Abuse

https://www.theedgemarkets.com/article/citi-warns-oil-may-collapse-us65-yearend-recession

Posted by DoggieInvestor > 2022-07-05 19:40 | Report Abuse

this stock will go back to 50 sens when crude oil prices collapse to US$50/bbl

Posted by DoggieInvestor > 2022-07-05 19:41 | Report Abuse

glove supply takes 8 years to be absorbed by steady growth in demand. unless monkeypox becomes human pox every where. glove is dead !

Posted by ks5S > 2022-07-05 20:16 | Report Abuse

oil super bull take one decade to cool down.

Posted by investor2021trading > 2022-07-06 07:26 | Report Abuse

Oil and gas companies have emerged as the only bright spot in a deeply bearish U.S. stock market, thanks to soaring commodity prices fuelled by the war in Ukraine.

The S&P 500 ended H1 2022 with a 20.6% fall, marking its worst H1 since 1970. In sharp contrast, the S&P 500 energy sub-index, comprising 21 big oil and gas groups, jumped 29.2% in the year-to-date and stands out as the only sector in the green so far in the year.

Although the oil price rally appears to have stalled over the past month, thus capping further gains for the energy sector, a cross-section of Wall Street believes that oil prices still have plenty of upside. One such bull is J.P. Morgan Chase, which last week warned that global oil prices could climb to a "stratospheric" $380/bbl if G7 nations succeed in imposing caps on the price of Russian oil and prompt Vladimir Putin to inflict retaliatory production cuts. "The most obvious and likely risk with a price cap is that Russia might choose not to participate and instead retaliate by reducing exports. It is likely that the government could retaliate by cutting output as a way to inflict pain on the West. The tightness of the global oil market is on Russia's side," JPM analysts wrote.

Posted by BobAxelrod > 2022-07-06 08:02 |

Post removed.Why?

Posted by BobAxelrod > 2022-07-06 08:19 |

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Posted by BobAxelrod > 2022-07-06 08:27 |

Post removed.Why?

Posted by BobAxelrod > 2022-07-06 08:34 |

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Posted by VFTRADER > 2022-07-06 09:08 | Report Abuse

HaHa....

Citi using the fear of recession to SHORT oil to US$65/barrel.
It is trying to make some profit from this SHORT in CQ3 .

Just recall back the totally lockdown in 2020 CQ1-CQ2 [ means ZERO activities on the road for normal people like you and me] .
Oil average price around US$45/barrel....

Now all can fly, Recession also can fly and travel....hehe

Posted by rr88 > 2022-07-06 09:08 | Report Abuse

He he he...told u dy..
Oil down BERDEBUK like NANGKA BUSUK..

Hibiscus HABIS DUIT KUS..

Oil will go down to usd 90
HABISKUS will go down below recent low of 0.895 to:

Tp = 0.895 - (1.01 - 0.895) = 0.78

Run/cut loss/stay away!

Posted by icecool > 2022-07-06 09:16 | Report Abuse

habis

Posted by HK_Wealth_Management > 2022-07-06 09:23 | Report Abuse

All the Oil and Gas company do not believe Crude Oil can be pushed down by Dollar due to supply chain totally broken from Russia, they keep buy the the Crude Oil future instead of hedging/sell the price cause them having huge loss from Crude Oil future, Do you think FED able to control the Crude Oil price directly or indirectly ? the truth proof that it can be.

Posted by rr88 > 2022-07-06 09:26 | Report Abuse

Oil apparent chart support aka target price is not usd90, its usd85.

You go in habiskus at 0.93, you die when oil moves usd101 to usd85.

He he...ho ho..la la la....hu hu!

Posted by nazrzach > 2022-07-06 09:28 | Report Abuse

How US FED can control crude oil price? If you think so, I suggest you take ECON 101.

Brent Oil is making a comeback.

Rishi Sunak n Javid resigned from Cabinet.
Ps Rishi Sunak ia the one who impose Windfall tax on oilngas companies in UK.

Posted by HF Isaac > 2022-07-06 09:32 | Report Abuse

The millionaire rr88 is back. I love ur charting. But I love ur big mouth more