| | RedEagle RedEagle | Summary Total comments | 3100 | | Past 30 days | 5 | | Past 7 days | 0 | | Today | 0 | User Comments  | Stock: [DLADY]: DUTCH LADY MILK INDUSTRIES BHD Apr 21, 2020 6:11 AM | Report Abuse U.S. crude prices turned negative the first time in history on Monday, with virtually zero buyers turning up for prompt delivery oil in a market woefully glutted by the coronavirus pandemic. West Texas Intermediate crude futures for May delivery fell to a session low of $40.32 per barrel and settled the day at minus $37.63. That meant a notional loss of $55.90 per barrel from its Friday settlement of $18.27. June WTI, which Investing.com is already quoting as reference for U.S. crude given its outsize volume to May, settled at $20.43 per barrel, down $4.60 or 18.4% from Friday’s settlement. Brent, the London-traded global benchmark for crude, meanwhile, lost $2.51 on its front month June contract to settle down 9% at $25.57. June Brent was at a contango, or discount, of more than $4 to July Brent. Even more important, its differential to WTI — a big trade in oil — was at an unimaginable $63. “I am worried about the dislocation of the WTI - Brent spread,” Igor Windisch of the IBW Daily Oil Brief said in a note Monday. “The worrying thing is that there is no support line for Brent.” Since WTI futures began trading on the New York Mercantile Exchange in April 1983, the lowest the U.S. crude benchmark had gotten to prior to this was $9.75 in April 1986. “What this tells you is that there’s just a mega glut of oil out there, that’s not going to be clearing anytime soon,” said John Kilduff, founding partner at New York energy hedge fund Again Capital. “As a matter of fact, we have a big problem on our hands in terms of storage,” Kilduff added. “The storage situation is filling up and refiners aren’t buying, motorists aren’t buying. nobody is buying; so there’s just a tremendous back up of crude oil throughout the system and you have to pay dearly now if you want somebody to take it off your hands.” Amid the Covid-19 pandemic that’s destroying demand for oil faster than producers can cut, the market has been laser-focused on how much storage is left globally for crude and whether that will run out soon. | |  | Stock: [KRONO]: KRONOLOGI ASIA BHD Apr 21, 2020 6:10 AM | Report Abuse U.S. crude prices turned negative the first time in history on Monday, with virtually zero buyers turning up for prompt delivery oil in a market woefully glutted by the coronavirus pandemic. West Texas Intermediate crude futures for May delivery fell to a session low of $40.32 per barrel and settled the day at minus $37.63. That meant a notional loss of $55.90 per barrel from its Friday settlement of $18.27. June WTI, which Investing.com is already quoting as reference for U.S. crude given its outsize volume to May, settled at $20.43 per barrel, down $4.60 or 18.4% from Friday’s settlement. Brent, the London-traded global benchmark for crude, meanwhile, lost $2.51 on its front month June contract to settle down 9% at $25.57. June Brent was at a contango, or discount, of more than $4 to July Brent. Even more important, its differential to WTI — a big trade in oil — was at an unimaginable $63. “I am worried about the dislocation of the WTI - Brent spread,” Igor Windisch of the IBW Daily Oil Brief said in a note Monday. “The worrying thing is that there is no support line for Brent.” Since WTI futures began trading on the New York Mercantile Exchange in April 1983, the lowest the U.S. crude benchmark had gotten to prior to this was $9.75 in April 1986. “What this tells you is that there’s just a mega glut of oil out there, that’s not going to be clearing anytime soon,” said John Kilduff, founding partner at New York energy hedge fund Again Capital. “As a matter of fact, we have a big problem on our hands in terms of storage,” Kilduff added. “The storage situation is filling up and refiners aren’t buying, motorists aren’t buying. nobody is buying; so there’s just a tremendous back up of crude oil throughout the system and you have to pay dearly now if you want somebody to take it off your hands.” Amid the Covid-19 pandemic that’s destroying demand for oil faster than producers can cut, the market has been laser-focused on how much storage is left globally for crude and whether that will run out soon. | |  | Stock: [UZMA]: UZMA BHD Apr 21, 2020 6:08 AM | Report Abuse U.S. crude prices turned negative the first time in history on Monday, with virtually zero buyers turning up for prompt delivery oil in a market woefully glutted by the coronavirus pandemic. West Texas Intermediate crude futures for May delivery fell to a session low of $40.32 per barrel and settled the day at minus $37.63. That meant a notional loss of $55.90 per barrel from its Friday settlement of $18.27. June WTI, which Investing.com is already quoting as reference for U.S. crude given its outsize volume to May, settled at $20.43 per barrel, down $4.60 or 18.4% from Friday’s settlement. Brent, the London-traded global benchmark for crude, meanwhile, lost $2.51 on its front month June contract to settle down 9% at $25.57. June Brent was at a contango, or discount, of more than $4 to July Brent. Even more important, its differential to WTI — a big trade in oil — was at an unimaginable $63. “I am worried about the dislocation of the WTI - Brent spread,” Igor Windisch of the IBW Daily Oil Brief said in a note Monday. “The worrying thing is that there is no support line for Brent.” Since WTI futures began trading on the New York Mercantile Exchange in April 1983, the lowest the U.S. crude benchmark had gotten to prior to this was $9.75 in April 1986. “What this tells you is that there’s just a mega glut of oil out there, that’s not going to be clearing anytime soon,” said John Kilduff, founding partner at New York energy hedge fund Again Capital. “As a matter of fact, we have a big problem on our hands in terms of storage,” Kilduff added. “The storage situation is filling up and refiners aren’t buying, motorists aren’t buying. nobody is buying; so there’s just a tremendous back up of crude oil throughout the system and you have to pay dearly now if you want somebody to take it off your hands.” Amid the Covid-19 pandemic that’s destroying demand for oil faster than producers can cut, the market has been laser-focused on how much storage is left globally for crude and whether that will run out soon. | |  | Stock: [AAX]: AIRASIA X BHD Apr 21, 2020 4:35 AM | Report Abuse U.S. crude prices turned negative the first time in history on Monday, with virtually zero buyers turning up for prompt delivery oil in a market woefully glutted by the coronavirus pandemic. West Texas Intermediate crude futures for May delivery fell to a session low of $40.32 per barrel and settled the day at minus $37.63. That meant a notional loss of $55.90 per barrel from its Friday settlement of $18.27. June WTI, which Investing.com is already quoting as reference for U.S. crude given its outsize volume to May, settled at $20.43 per barrel, down $4.60 or 18.4% from Friday’s settlement. Brent, the London-traded global benchmark for crude, meanwhile, lost $2.51 on its front month June contract to settle down 9% at $25.57. June Brent was at a contango, or discount, of more than $4 to July Brent. Even more important, its differential to WTI — a big trade in oil — was at an unimaginable $63. “I am worried about the dislocation of the WTI - Brent spread,” Igor Windisch of the IBW Daily Oil Brief said in a note Monday. “The worrying thing is that there is no support line for Brent.” Since WTI futures began trading on the New York Mercantile Exchange in April 1983, the lowest the U.S. crude benchmark had gotten to prior to this was $9.75 in April 1986. “What this tells you is that there’s just a mega glut of oil out there, that’s not going to be clearing anytime soon,” said John Kilduff, founding partner at New York energy hedge fund Again Capital. “As a matter of fact, we have a big problem on our hands in terms of storage,” Kilduff added. “The storage situation is filling up and refiners aren’t buying, motorists aren’t buying. nobody is buying; so there’s just a tremendous back up of crude oil throughout the system and you have to pay dearly now if you want somebody to take it off your hands.” Amid the Covid-19 pandemic that’s destroying demand for oil faster than producers can cut, the market has been laser-focused on how much storage is left globally for crude and whether that will run out soon. | |  | Stock: [SERBADK]: SERBA DINAMIK HOLDINGS BHD Apr 21, 2020 4:33 AM | Report Abuse U.S. crude prices turned negative the first time in history on Monday, with virtually zero buyers turning up for prompt delivery oil in a market woefully glutted by the coronavirus pandemic. West Texas Intermediate crude futures for May delivery fell to a session low of $40.32 per barrel and settled the day at minus $37.63. That meant a notional loss of $55.90 per barrel from its Friday settlement of $18.27. June WTI, which Investing.com is already quoting as reference for U.S. crude given its outsize volume to May, settled at $20.43 per barrel, down $4.60 or 18.4% from Friday’s settlement. Brent, the London-traded global benchmark for crude, meanwhile, lost $2.51 on its front month June contract to settle down 9% at $25.57. June Brent was at a contango, or discount, of more than $4 to July Brent. Even more important, its differential to WTI — a big trade in oil — was at an unimaginable $63. “I am worried about the dislocation of the WTI - Brent spread,” Igor Windisch of the IBW Daily Oil Brief said in a note Monday. “The worrying thing is that there is no support line for Brent.” Since WTI futures began trading on the New York Mercantile Exchange in April 1983, the lowest the U.S. crude benchmark had gotten to prior to this was $9.75 in April 1986. “What this tells you is that there’s just a mega glut of oil out there, that’s not going to be clearing anytime soon,” said John Kilduff, founding partner at New York energy hedge fund Again Capital. “As a matter of fact, we have a big problem on our hands in terms of storage,” Kilduff added. “The storage situation is filling up and refiners aren’t buying, motorists aren’t buying. nobody is buying; so there’s just a tremendous back up of crude oil throughout the system and you have to pay dearly now if you want somebody to take it off your hands.” Amid the Covid-19 pandemic that’s destroying demand for oil faster than producers can cut, the market has been laser-focused on how much storage is left globally for crude and whether that will run out soon. | |  | Stock: [HIBISCS]: HIBISCUS PETROLEUM BHD Apr 21, 2020 4:32 AM | Report Abuse U.S. crude prices turned negative the first time in history on Monday, with virtually zero buyers turning up for prompt delivery oil in a market woefully glutted by the coronavirus pandemic. West Texas Intermediate crude futures for May delivery fell to a session low of $40.32 per barrel and settled the day at minus $37.63. That meant a notional loss of $55.90 per barrel from its Friday settlement of $18.27. June WTI, which Investing.com is already quoting as reference for U.S. crude given its outsize volume to May, settled at $20.43 per barrel, down $4.60 or 18.4% from Friday’s settlement. Brent, the London-traded global benchmark for crude, meanwhile, lost $2.51 on its front month June contract to settle down 9% at $25.57. June Brent was at a contango, or discount, of more than $4 to July Brent. Even more important, its differential to WTI — a big trade in oil — was at an unimaginable $63. “I am worried about the dislocation of the WTI - Brent spread,” Igor Windisch of the IBW Daily Oil Brief said in a note Monday. “The worrying thing is that there is no support line for Brent.” Since WTI futures began trading on the New York Mercantile Exchange in April 1983, the lowest the U.S. crude benchmark had gotten to prior to this was $9.75 in April 1986. “What this tells you is that there’s just a mega glut of oil out there, that’s not going to be clearing anytime soon,” said John Kilduff, founding partner at New York energy hedge fund Again Capital. “As a matter of fact, we have a big problem on our hands in terms of storage,” Kilduff added. “The storage situation is filling up and refiners aren’t buying, motorists aren’t buying. nobody is buying; so there’s just a tremendous back up of crude oil throughout the system and you have to pay dearly now if you want somebody to take it off your hands.” Amid the Covid-19 pandemic that’s destroying demand for oil faster than producers can cut, the market has been laser-focused on how much storage is left globally for crude and whether that will run out soon. | |  | Stock: [PENERGY]: PETRA ENERGY BHD Apr 21, 2020 3:15 AM | Report Abuse (Reuters) - Energy traders fled from the expiring May US oil futures contract in a frenzy on Monday, sending the contract into negative territory for the first time in history, as barely any buyers are willing to take delivery of oil barrels because there is no place to put the crude. May US crude futures careened into negative territory about 20 minutes before the end of trading, falling to minus US$8 a barrel, down 146%. With demand down 30% worldwide due to the coronavirus pandemic, and the main US storage hub in Cushing, Oklahoma expected to fill up in a matter of weeks, very few want to be stuck with oil barrels that they have to take delivery on at some point during May. "The people who are long are desperate to get out," said Phil Verleger, a veteran oil economist and independent consultant. | |  | Stock: [BENALEC]: BENALEC HOLDINGS BHD Apr 21, 2020 3:14 AM | Report Abuse (Reuters) - Energy traders fled from the expiring May US oil futures contract in a frenzy on Monday, sending the contract into negative territory for the first time in history, as barely any buyers are willing to take delivery of oil barrels because there is no place to put the crude. May US crude futures careened into negative territory about 20 minutes before the end of trading, falling to minus US$8 a barrel, down 146%. With demand down 30% worldwide due to the coronavirus pandemic, and the main US storage hub in Cushing, Oklahoma expected to fill up in a matter of weeks, very few want to be stuck with oil barrels that they have to take delivery on at some point during May. "The people who are long are desperate to get out," said Phil Verleger, a veteran oil economist and independent consultant. | |  | Stock: [SAPNRG]: SAPURA ENERGY BHD Apr 21, 2020 3:14 AM | Report Abuse (Reuters) - Energy traders fled from the expiring May US oil futures contract in a frenzy on Monday, sending the contract into negative territory for the first time in history, as barely any buyers are willing to take delivery of oil barrels because there is no place to put the crude. May US crude futures careened into negative territory about 20 minutes before the end of trading, falling to minus US$8 a barrel, down 146%. With demand down 30% worldwide due to the coronavirus pandemic, and the main US storage hub in Cushing, Oklahoma expected to fill up in a matter of weeks, very few want to be stuck with oil barrels that they have to take delivery on at some point during May. "The people who are long are desperate to get out," said Phil Verleger, a veteran oil economist and independent consultant. | |  | Stock: [BARAKAH]: BARAKAH OFFSHORE PETROLEUM BHD Apr 21, 2020 3:13 AM | Report Abuse (Reuters) - Energy traders fled from the expiring May US oil futures contract in a frenzy on Monday, sending the contract into negative territory for the first time in history, as barely any buyers are willing to take delivery of oil barrels because there is no place to put the crude. May US crude futures careened into negative territory about 20 minutes before the end of trading, falling to minus US$8 a barrel, down 146%. With demand down 30% worldwide due to the coronavirus pandemic, and the main US storage hub in Cushing, Oklahoma expected to fill up in a matter of weeks, very few want to be stuck with oil barrels that they have to take delivery on at some point during May. "The people who are long are desperate to get out," said Phil Verleger, a veteran oil economist and independent consultant. | |  | Stock: [PCHEM]: PETRONAS CHEMICALS GROUP BHD Apr 21, 2020 3:13 AM | Report Abuse (Reuters) - Energy traders fled from the expiring May US oil futures contract in a frenzy on Monday, sending the contract into negative territory for the first time in history, as barely any buyers are willing to take delivery of oil barrels because there is no place to put the crude. May US crude futures careened into negative territory about 20 minutes before the end of trading, falling to minus US$8 a barrel, down 146%. With demand down 30% worldwide due to the coronavirus pandemic, and the main US storage hub in Cushing, Oklahoma expected to fill up in a matter of weeks, very few want to be stuck with oil barrels that they have to take delivery on at some point during May. "The people who are long are desperate to get out," said Phil Verleger, a veteran oil economist and independent consultant. | |  | Stock: [SERBADK]: SERBA DINAMIK HOLDINGS BHD Apr 21, 2020 3:12 AM | Report Abuse (Reuters) - Energy traders fled from the expiring May US oil futures contract in a frenzy on Monday, sending the contract into negative territory for the first time in history, as barely any buyers are willing to take delivery of oil barrels because there is no place to put the crude. May US crude futures careened into negative territory about 20 minutes before the end of trading, falling to minus US$8 a barrel, down 146%. With demand down 30% worldwide due to the coronavirus pandemic, and the main US storage hub in Cushing, Oklahoma expected to fill up in a matter of weeks, very few want to be stuck with oil barrels that they have to take delivery on at some point during May. "The people who are long are desperate to get out," said Phil Verleger, a veteran oil economist and independent consultant. | |  | Stock: [HIBISCS]: HIBISCUS PETROLEUM BHD Apr 21, 2020 3:11 AM | Report Abuse (Reuters) - Energy traders fled from the expiring May US oil futures contract in a frenzy on Monday, sending the contract into negative territory for the first time in history, as barely any buyers are willing to take delivery of oil barrels because there is no place to put the crude. May US crude futures careened into negative territory about 20 minutes before the end of trading, falling to minus US$8 a barrel, down 146%. With demand down 30% worldwide due to the coronavirus pandemic, and the main US storage hub in Cushing, Oklahoma expected to fill up in a matter of weeks, very few want to be stuck with oil barrels that they have to take delivery on at some point during May. "The people who are long are desperate to get out," said Phil Verleger, a veteran oil economist and independent consultant. | |  | Stock: [DAYANG]: DAYANG ENTERPRISE HOLDINGS BHD Apr 21, 2020 3:10 AM | Report Abuse (Reuters) - Energy traders fled from the expiring May US oil futures contract in a frenzy on Monday, sending the contract into negative territory for the first time in history, as barely any buyers are willing to take delivery of oil barrels because there is no place to put the crude. May US crude futures careened into negative territory about 20 minutes before the end of trading, falling to minus US$8 a barrel, down 146%. With demand down 30% worldwide due to the coronavirus pandemic, and the main US storage hub in Cushing, Oklahoma expected to fill up in a matter of weeks, very few want to be stuck with oil barrels that they have to take delivery on at some point during May. "The people who are long are desperate to get out," said Phil Verleger, a veteran oil economist and independent consultant. | |  | Stock: [CARIMIN]: CARIMIN PETROLEUM BHD Apr 21, 2020 2:01 AM | Report Abuse Slowly or fast die | |  | Stock: [AIRASIA]: AIRASIA GROUP BHD Apr 20, 2020 11:34 PM | Report Abuse Support losses company..fly without wing.. | |  | Stock: [PETRONM]: PETRON MALAYSIA REFINING & MARKETING BHD Apr 20, 2020 11:31 PM | Report Abuse No impact..act as normal human being.. | |  | Stock: [SERBADK]: SERBA DINAMIK HOLDINGS BHD Apr 20, 2020 11:28 PM | Report Abuse Long selling..Not short selling | |  | Stock: [BENALEC]: BENALEC HOLDINGS BHD Apr 20, 2020 11:19 PM | Report Abuse Maday maday | |  | Stock: [DAYANG]: DAYANG ENTERPRISE HOLDINGS BHD Apr 20, 2020 10:54 PM | Report Abuse One and two, two and one, i love you.. | |  | Stock: [HIBISCS]: HIBISCUS PETROLEUM BHD Apr 20, 2020 10:53 PM | Report Abuse Limit down..maday maday maday.. | |  | Stock: [ASTRO]: ASTRO MALAYSIA HOLDINGS BHD Apr 20, 2020 10:49 PM | Report Abuse Cerita Hantu Minyak Crude Brent | |  | Stock: [VELESTO]: VELESTO ENERGY BERHAD Apr 20, 2020 10:33 PM | Report Abuse FirstOut..9-10am maday maday maday | |  | Stock: [KRONO]: KRONOLOGI ASIA BHD Apr 20, 2020 10:32 PM | Report Abuse 70sen 80sen | |  | Stock: [DAYANG]: DAYANG ENTERPRISE HOLDINGS BHD Apr 20, 2020 10:28 PM | Report Abuse R.I.P | |  | Stock: [UZMA]: UZMA BHD Apr 20, 2020 10:27 PM | Report Abuse Game over | |  | Stock: [SAPNRG]: SAPURA ENERGY BHD Apr 20, 2020 10:24 PM | Report Abuse Maday maday maday..sos sos sos.. | |  | Stock: [UZMA]: UZMA BHD Apr 20, 2020 10:23 PM | Report Abuse Maday maday maday.. | |  | Stock: [KNM]: KNM GROUP BHD Apr 20, 2020 10:22 PM | Report Abuse Crazy. crude oil terjum junam die die .maday..maday.. | |  | Stock: [SERBADK]: SERBA DINAMIK HOLDINGS BHD Apr 20, 2020 10:20 PM | Report Abuse Terjun..Diving..Crude Oil sudah Gila | |  | Stock: [HIBISCS]: HIBISCUS PETROLEUM BHD Apr 20, 2020 10:19 PM | Report Abuse Crude Oil sudah Gila | |  | Stock: [MINDA]: MINDA GLOBAL BERHAD Apr 20, 2020 12:55 PM | Report Abuse 0.10 | |  | Stock: [PARKSON]: PARKSON HOLDINGS BHD Apr 20, 2020 12:53 PM | Report Abuse 0.20 | |  | Stock: [RGB]: RGB INTERNATIONAL BHD Apr 19, 2020 3:39 PM | Report Abuse MCO 0.005 | |  | Stock: [VELESTO]: VELESTO ENERGY BERHAD Apr 19, 2020 3:37 PM | Report Abuse 0.12? | |  | Stock: [XDL]: XIDELANG HOLDINGS LTD Apr 18, 2020 11:11 PM | Report Abuse 0.06? | |  | Stock: [XDL]: XIDELANG HOLDINGS LTD Apr 17, 2020 9:05 PM | Report Abuse Maybe 1 year price 0.07-0.08.. Shark Doo Doo | |  | Stock: [AVI]: AVILLION BHD Apr 17, 2020 6:59 AM | Report Abuse Gud Luck | |  | Stock: [DGB]: DGB ASIA BHD Apr 17, 2020 6:27 AM | Report Abuse MOU mau miow | |  | Stock: [EKOVEST]: EKOVEST BHD Apr 15, 2020 10:38 PM | Report Abuse DUKE | |  | Stock: [HIBISCS]: HIBISCUS PETROLEUM BHD Apr 15, 2020 10:37 PM | Report Abuse Time to buy back again and again | |  | Stock: [MBSB]: MALAYSIA BUILDING SOCIETY BHD Apr 15, 2020 10:35 PM | Report Abuse All Bank In Malaysia will freeze Dividend? Reserve for cost of operation? | |  | Stock: [SERBADK]: SERBA DINAMIK HOLDINGS BHD Apr 15, 2020 10:33 PM | Report Abuse Buy KFC before it become toilet paper.. | |  | Stock: [MSM]: MSM MALAYSIA HOLDINGS BHD Apr 15, 2020 10:31 PM | Report Abuse Less Demand for Sugar..Karipap Donut Kek Lapis | |  | Stock: [MMCCORP]: MMC CORP BHD Apr 15, 2020 10:28 PM | Report Abuse MRCB not MMC lor | |  | Stock: [AIRASIA]: AIRASIA GROUP BHD Apr 15, 2020 10:26 PM | Report Abuse Flying at Land | |  | Stock: [ALAM]: ALAM MARITIM RESOURCES BHD Apr 15, 2020 10:25 PM | Report Abuse Dun play play..Recession promises | |  | Stock: [AWC]: AWC BHD Apr 15, 2020 10:23 PM | Report Abuse Target talak kena | |  | Stock: [SAPNRG]: SAPURA ENERGY BHD Apr 15, 2020 10:22 PM | Report Abuse Hutang Makin Meningkat..Perolehan Makin Menguncup..0.06 Target Buy | |  | Stock: [SAPNRG]: SAPURA ENERGY BHD Apr 15, 2020 10:21 PM | Report Abuse Korek Gali Korek Gali Salur Proses Salur Proses Jual Murah Jual Murah..Retrenchment, VSS, No Bonus..Ermm | | | |