oil price doesn't affect much on the price. oil price will affect on capex expenditure of the oil producer like petronas, shell etc. high capex, more contracts. Perdana price depends on the contract secured which i believe O&G sector is booming right now. more contracts to come. just hold
Operator bought 0.195 n selling 0.205 for 1 cent profit.
You go in 0.205 you will lose 3 cents a piece. Once operator packs his bag n leaves, it will go down to 0.175 to sleep there for a year with no volume.
Stay away.
8 hours ago
RR88 sifu, IF GO IN 20.5C EARNS 3C LEH.. WHERE GOT LOSS WO?
Analysis of 3 days candlestick: A Bearish DESCENDING TRIANGLE has formed. Triangle top = 0.235. Triangle base = 0.21.
On tuesday next week it will break below base of 0.21 n head to = 0.21 - (0.235 - 0.21) = 0.185. Thereafter it will stabilise around 0.17/0.175 moving sideways with no volume for a long long time.
NEW YORK, Sept 12 (Reuters) - Oil prices jumped about 2% to a near 10-month high on Tuesday on a tighter supply outlook and OPEC optimism over the resilience of energy demand in major economies. Brent futures rose $1.42 or 1.6%, to settle at $92.06 a barrel, while U.S. West Texas Intermediate (WTI) crude rose $1.55, or 1.8%, to settle at $88.84.
HOUSTON, Sept 14 (Reuters) - Oil prices climbed on Thursday to their highest this year, as expectations of tighter supply outweighed worries about weaker economic growth and rising U.S. crude inventories. Brent crude rose $1.82, or 1.98%, to settle at $93.70, after touching $93.89, its highest since November 2022. U.S. West Texas Intermediate crude (WTI) gained $1.64, or 1.85%, to $90.16, closing above $90 for the first time since November.
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....
success2628
377 posts
Posted by success2628 > 1 month ago |
Post removed.Why?