Highlights
Social Forum >> Forum Thread
Last Price Today's Change   Day's Range   Trading Volume
0.10   +0.01 (11.11%)  0.09 - 0.10  587,100
4,583 comment(s). Last comment by freddiehero at Dec 1, 2020 8:31 PM
Like
 19 people like this.
 
 Post Reply   Back  
Page < 83 84 85 86 87 88 89 90 91 92

tkl88
8022 posts

Posted by tkl88 > Sep 18, 2020 7:37 AM | Report Abuse

NEW YORK (Reuters) - Oil prices rose more than 2% on Thursday, turning positive as OPEC and its allies said the producer group would crack down on countries that failed to comply with output cuts and planned to hold an extraordinary meeting in October if oil markets weaken further.
After falling early in the session amid bearish jobs numbers and a ramp up in Gulf of Mexico oil output following Hurricane Sally, crude benchmarks reversed course to gain on the day, bolstered by comments from OPEC.
"Although no amendments to the current supply-cut deal have been proposed by OPEC+ today, the producers group gave the impression that it does not sweep troubles under the carpet," said Rystad Energy's Head of Oil Markets, Bjornar Tonhaugen.
Brent oil futures extended gains to settle up $1.08 or 2.56% at $43.30 a barrel. U.S. crude futures settled higher by 81 cents, or 2.02% at $40.97 a barrel. Both contracts rose more than 4% on Wednesday.
The panel of major producers, including Saudi Arabia and Russia, did not recommend any changes to their current output reduction target of 7.7 million barrels per day (bpd), or around 8% of global demand, according to a draft press release and an internal report.
The panel pressed laggards such as Iraq, Nigeria and the United Arab Emirates to cut more barrels to compensate for overproduction in May-July, while extending the compensation period from September to the end of December, according to three OPEC+ sources.
"They were coming down hard on the UAE," said Phil Flynn, senior analyst at Price Futures Group in New York. The expectation that output could fall as the UAE and others trim production bolstered prices, he said.
The OPEC news overshadowed the restart of U.S. offshore production after Hurricane Sally passed through the Gulf of Mexico and bearish U.S. economic news.
U.S. energy companies were starting to return crews to offshore oil platforms in the Gulf of Mexico after Sally halted operations for five days, shutting down nearly 500,000 bpd of output.
Prices were also under pressure from the slow economic recovery from the pandemic.
Global coronavirus cases are expected to pass 30 million on Thursday, according to a Reuters tally.
The U.S. Labor Department's report showed the number of Americans filing new claims for unemployment benefits fell last week, but remained at extremely high levels as the labor market recovery shifts into low gear and consumer spending cools.
Even OPEC+ cautioned that the pandemic could continue to curb demand. An OPEC+ technical panel warned that a rise in coronavirus cases in some countries may curb oil demand despite signs of economic recovery and initial indications of a decline in oil stocks, according to an internal document seen by Reuters.


tkl88
8022 posts

Posted by tkl88 > Sep 18, 2020 7:46 AM | Report Abuse

Walaoeh, oil price spike up like mad !

Today O and G counters will be spike up to sky high already !
Huat ah ! Heng ah ! Ong ah !


chimchim
169 posts

Posted by chimchim > Sep 21, 2020 9:49 AM | Report Abuse

already query by bursa to tutup kedai la...


tkl88
8022 posts

Posted by tkl88 > Sep 27, 2020 11:51 AM | Report Abuse

Good news, perikatan nasional has won the Sabah election by 38 seats out of 73 seats !
So that our politic will be stable for another 3 years till 2023 election !
It’s good for our economy, like that next week KLSE will be spike up like mad already !


cckiong
81 posts

Posted by cckiong > Sep 28, 2020 11:57 AM | Report Abuse

Scomies is already dead.


freeman
413 posts

Posted by freeman > Oct 6, 2020 10:09 PM | Report Abuse

Where is calvin?


freeman
413 posts

Posted by freeman > Oct 22, 2020 4:27 PM | Report Abuse

hello...


tkl88
8022 posts

Posted by tkl88 > Nov 3, 2020 6:03 PM | Report Abuse

Wow, oil price continue to spike up !
As at 5.42pm,
Nymex at => $38.16 (+1.35) (+3.67 percent)
Brent at => $40.20 (+1.23) (+3.16 percent)

Huat ah ! Heng ah ! Ong ah !


tkl88
8022 posts

Posted by tkl88 > Nov 4, 2020 7:32 AM | Report Abuse

Wow, Dow Jones continue to spike up !
Dow Jones closed at=> 27,480.03 (+554.98) (+2.06 percent l) !
World stocks super bull market is coming !


tkl88
8022 posts

Posted by tkl88 > Nov 4, 2020 12:36 PM | Report Abuse

Latest US election update !


tkl88
8022 posts

Posted by tkl88 > Nov 4, 2020 12:36 PM | Report Abuse

As at 12.25pm,
Joe Biden already have 209 votes leading Donald Trump's 118 votes by 91 votes,
Joe Biden just need only another 61 votes then will won the US election !

Huat ah ! Heng ah ! Ong ah !


chinaman
1766 posts

Posted by chinaman > Nov 8, 2020 1:58 PM | Report Abuse

Biden win. Contrary to many who expect oil downturn- When Shales activity suspended, or prohibited due to huge environmental damage by Biden, it goes up instead due to US supply shock in short term..... Biden's strong proponent of green energy. may take some time before it can gain further market to replace shale oil long term. so, i sailang oil counter la


tkl88
8022 posts

Posted by tkl88 > Nov 9, 2020 2:45 PM | Report Abuse

President Biden is favours to world trade !
World economy will start booming from today onwards !
And asian stock markets including KLSE will be in bull market from today onwards !
As at 2.10pm,
Hang Seng : 26,095.46 (+382.49) (+1.49 %)
Shanghai composite: 3,380.38 (+68.23) (+2.06 %)
Nikkei : 24,912.31 (+587.08) (+1.41 %)
Taiwan Weighted : 13,127.47 (+153.94) (+1.19 %)
Korea Kopsi : 2,449.96 (+33.46) (+1.38 %)
Singapore STI : 2,611.34 (+32.66) (+1.27 %)

Huat ah ! Heng ah ! Ong ah !


tkl88
8022 posts

Posted by tkl88 > Nov 9, 2020 10:05 PM | Report Abuse

Wow, oil price spike up like mad !
As at 9.50pm,
Nymex at => $40.67 (+3.53) (+9.50 percent)
Brent at => $42.77 (+3.32) (+8.42 percent)

Huat ah ! Heng ah ! Ong ah !


tkl88
8022 posts

Posted by tkl88 > Nov 9, 2020 11:17 PM | Report Abuse

Oil Jumps by Most Since June on Covid Vaccine Progress
Alex Longley and Matthew Martin
Mon, November 9, 2020, 9:54 PM GMT+8·2 min
https://finance.yahoo.com/news/oil-climbs-biden-win-spurring-105416567.html


tkl88
8022 posts

Posted by tkl88 > Nov 9, 2020 11:17 PM | Report Abuse

(Bloomberg) -- Oil in London jumped by the most since June as Pfizer Inc. reported a potential Covid-19 vaccine breakthrough.

Crude futures spiked following news the vaccine, being developed by Pfizer and BioNTech SE, prevented more than 90% of infections in a study of tens of thousands of volunteers.

Markets globally surged. WTI climbed more than 10% in New York, while global equities soared. It led to broader strength in the oil futures curve, with timespreads also moving sharply higher.

A vaccine “would be the most meaningful type of mitigator to the situation,” Saudi Energy Minister Prince Abdulaziz Bin Salman said prior to the Pfizer announcement at a conference on Monday. “We’re still hopeful that vaccine is found and that vaccine or vaccines spread and hopefully mobility would be regained.”

Since Covid first emerged, oil markets have been steadily recovering from the biggest crash in consumption in a generation. Transport use in Asia has rebounded strongly, but the renewed resurgence of the virus in Europe has continued to weigh on demand in the region. The emergence of a vaccine would not only help regions suffering form renewed lockdowns, but could also help spur the return of aviation demand -- the hardest hit corner of the market.

The relief in the market was seen in the profits from turning crude into transport fuels. Gasoline cracks in the U.S. reached their highest since mid-October, while those in Europe also gained. Jet fuel was also gaining relative to the value of other transport fuels in Europe, Bloomberg fair value data show.

Prices had earlier rallied as Joe Biden declared victory in the U.S. presidential election and began preparations to navigate America’s pandemic-hit economy out of crisis, with potential shifts coming on a range of policies from fiscal stimulus to Iranian sanctions. At the same time, Saudi Arabia said that OPEC+ could extend oil cuts through 2022 as the group seeks to re-balance the glutted market.


tkl88
8022 posts

Posted by tkl88 > Nov 10, 2020 12:22 AM | Report Abuse

Walaoeh, Dow Jones spike up to sky high !


tkl88
8022 posts

Posted by tkl88 > Nov 10, 2020 12:22 AM | Report Abuse

As at 12.05am,
Dow Jones at=> 29,425.57 (+1,102.17) (+3.89 %) !

Huat ah ! Heng ah ! Ong ah !


tkl88
8022 posts

Posted by tkl88 > Nov 11, 2020 7:43 AM | Report Abuse

Walaoeh, Dow Jones continue it’s bull run ! Dow Jones closed at=> 29,420.92 (+262.95) (+0.90 percent) !
Huat ah ! Heng ah ! Ong ah !


tkl88
8022 posts

Posted by tkl88 > Nov 11, 2020 7:33 PM | Report Abuse

Oil price continue to spike up like mad !
As at 7.02pm,
Nymex=> $42.89 (+1.53) (+3.70 percent)
Brent => $45.16 ‪(+1.55) (+3.55 percent)‬
‪Huat ah ! Heng ah ! Ong ah !‬


lauys96
163 posts

Posted by lauys96 > Nov 12, 2020 11:48 AM | Report Abuse

this counter start rebound. after mother scomi tutup kedai.


akc008
53 posts

Posted by akc008 > Nov 17, 2020 8:55 PM | Report Abuse

Today O and G counters will be spike up to sky high already !


tkl88
8022 posts

Posted by tkl88 > Nov 20, 2020 7:07 AM | Report Abuse

Malaysia in deal with China for Covid-19 vaccine development
PUBLISHED : 18 NOV 2020 AT 19:40
WRITER: REUTERS
https://www.bangkokpost.com/world/2021843/malaysia-in-deal-with-china-for-covid-19-vaccine-development


tkl88
8022 posts

Posted by tkl88 > Nov 20, 2020 7:08 AM | Report Abuse

KUALA LUMPUR: Malaysia said on Wednesday it has signed an agreement with China to cooperate on the development of a safe and efficacious vaccine, as part of efforts to combat the Covid-19 pandemic.

Under the agreement, in force for an initial period of five years, the Southeast Asian nation will be given priority access to Covid-19 vaccines developed by China. Both will share knowledge and expertise and facilitate scientific and technological capabilities to advance vaccine development in their countries, Malaysia said in a joint ministerial statement.
Science, Technology and Innovation Minister Khairy Jamaluddin signed the agreement with his Chinese counterpart Wang Zhigang in a virtual ceremony.

Cooperation between Malaysia and China under the agreement would be supervised by a committee chaired by the foreign affairs ministers of both countries that was formed in October to address post-pandemic challenges.

"Both countries will also support the participation of their public and private sectors including universities, institutions, societies and organisations in joint collaborative projects," the Malaysian ministries said.


tkl88
8022 posts

Posted by tkl88 > Nov 20, 2020 8:26 AM | Report Abuse

Khairy: Malaysia to pay RM94mil upfront for vaccine under Covax plan

* NATION
* Thursday, 19 Nov 2020 
10:53 AM MYT By MARTIN CARVALHO, RAHIMY RAHIM and TARRENCE TAN


tkl88
8022 posts

Posted by tkl88 > Nov 20, 2020 8:26 AM | Report Abuse

https://www.thestar.com.my/news/nation/2020/11/19/khairy-malaysia-to-pay-upfront-rm94mil-for-vaccine-under-covax-plan


winmal
721 posts

Posted by winmal > Nov 20, 2020 12:30 PM | Report Abuse

got buying interest


giinyang520
146 posts

Posted by giinyang520 > Nov 25, 2020 12:38 AM | Report Abuse

Can the latest oil price save scomies energy back to previous consolidate price? Let see


tkl88
8022 posts

Posted by tkl88 > Nov 25, 2020 6:49 AM | Report Abuse

Wow, oil price continue to spike up like mad !
As at 1.25am,
Nymex=> $44.95 ‪(+1.89) (+4.39 %)‬
Brent=> $47.77 ‪ (+1.73) (+3.76 %)‬


tkl88
8022 posts

Posted by tkl88 > Nov 25, 2020 7:23 AM | Report Abuse

Walaoeh, Dow Jones continue it’s bull run !‬
Dow Jones closed at=> 30,046.24 (+454.97) (+1.54 %) !

Huat ah ! Heng ah ! Ong ah !


Weebeee
3 posts

Posted by Weebeee > Nov 29, 2020 6:17 PM | Report Abuse

This share is getting 50mil from the mother company SCOMI right? It’s in PN17 because of a default payment of 50mil. Will it be exiting PN17 soon?


gck_236899
5 posts

Posted by gck_236899 > Dec 1, 2020 8:31 PM | Report Abuse

Maybe can out fr pn17


freddiehero
13840 posts

Posted by freddiehero > Dec 1, 2020 8:31 PM | Report Abuse

congrats to u all..

 Post Reply   Back  
Page < 83 84 85 86 87 88 89 90 91 92
APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
Earn MQ Points while trading with MQ Traders Group
MQ Affiliate
Earn side income from MQ Affiliate Program
 
 

685  409  577  436 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 PHB 0.035+0.005 
 AT 0.21+0.01 
 BIOHLDG 0.355+0.045 
 MTRONIC 0.12+0.01 
 PHB-WB 0.020.00 
 KANGER 0.175-0.005 
 HIAPTEK 0.280.00 
 TNLOGIS 0.93+0.095 
 MTRONIC-WA 0.075+0.005 
 IRIS 0.355+0.005 

FEATURED POSTS

1. The Equity Market Index Benchmark in Malaysia CMS
2. Trading Scenarios of Derivatives Bursa Derivatives Education Series
3. Derivatives 101 Bursa Derivatives Education Series
4. Why Trade FKLI? Bursa Derivatives Education Series
5. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!
PARTNERS & BROKERS