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RH PetroGas
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What happen to RH PetroGas
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piscesmonkey
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12-Jun-2026 17:31
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JUST IN: 🇮 🇷 🇺 🇸 Iranian state media confirms deal with the US and says it includes lifting sanctions, withdrawing US military from around Iran, and ending the naval blockade. | ||||||||||||||||||||
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piscesmonkey
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12-Jun-2026 17:25
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![]() Peace deal? |
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Chansenghoe1971
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11-Jun-2026 12:55
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Nice.   Peace soon. Trump version 44.0  
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piscesmonkey
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11-Jun-2026 12:52
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US say complete strike on iran. Peace deal on table .oil retrance now | ||||||||||||||||||||
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SmallSmall
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11-Jun-2026 10:33
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https://research.uobkayhian.com/content_download.jsp?id=89686& h=48bf5b1d0ad653e298fa208c639547de& utm_medium=email& _hsenc=p2ANqtz-96kiHr1GDELuwDREjjB2DlMIKu5NhUG2uUCEeq17GWTigfTJLbW4I0Sy4zbI2GcoJBI92gFyZHaQa6F1VgkIktFUWpEg& _hsmi=408573344& utm_content=408573344& utm_source=hs_email UOB KH has a target price $0.263 in MArch 2026
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Chansenghoe1971
Elite |
11-Jun-2026 10:21
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Fly soar rocket.   No way the price is trading at this level. How to reach peace when both big ego at war.  sort out the ego first.  |
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SmallSmall
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11-Jun-2026 10:21
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Day high $0.166 +$0.007 Vol 2.3 mil | ||||||||||||||||||||
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Chansenghoe1971
Elite |
11-Jun-2026 09:39
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Rh poised to roar back  watch out on for Yemen Houthis closing Red Sea stretch of waters. hormuz close for now oil price sadly artificially kept below 100.   Rocket thru the roof. Worrying for economy and inflation. https://www.aljazeera.com/news/2026/6/10/us-bombs-iran-after-trump-threat-tehran-closes-hormuz-strait-to-all-ships |
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ssw518
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11-Jun-2026 09:06
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supply shortages from petrochemical related industry, if you think oil px will drop drastically, what caught my eye is chip production, AI boom and Memory chip shortages. just my view, dyodd  
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ssw518
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11-Jun-2026 07:53
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250MA at 75.92 day after day, moving up but share px moving now continue to hold and buy when is drop to my next buying px.
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Chansenghoe1971
Elite |
11-Jun-2026 07:31
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Yes. The time starts today 
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ssw518
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11-Jun-2026 06:53
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it' s a bargan f you trust data, i just keep adding in small block of buy. it was also trading below NAV yesterday if i am not wrong, nevertheless, in sgx it' s normal, so dyodd.
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ssw518
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11-Jun-2026 06:48
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OPEC oil output &zwnj fell in May to its lowest in over two decades, a Reuters survey found. It comes as a U.S. naval blockade cut Iran' s exports and Iran' s effective closure of the Strait of Hormuz slashed exports by other Gulf producers. Output by the 11-member Organization of the Petroleum Exporting Countries dropped by 1.06 million barrels per day month-on-month to 16.13 million barrels per day, the survey found. That was the lowest monthly figure since at least 2000, according to Reuters surveys, and well below the levels seen during the COVID-19 pandemic in 2020 when demand collapsed. The Reuters survey is based on flow data from financial group LSEG, information from other companies that track flows, such as Kpler, and information provided by sources at oil companies, OPEC and consultants.
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Chansenghoe1971
Elite |
10-Jun-2026 15:27
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Rh trading at price level before eruption of war when crude was 50' 60.   Now 90 and rh price is pre level.  either market malfunction or company has some bad cans of worms.   
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ssw518
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10-Jun-2026 13:54
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Short-Term Energy Outlook - U.S. Energy Information Administration (EIA)
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ssw518
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10-Jun-2026 05:54
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US API crude stock change actual -9.11m vs last week -6.75 vs market est -3.4m stockpile drop almost 3x market est mainly due to news and comment  flashing that more oil had reached the market while oil demand from china tank since last week causing weakness and increasd shorts in WTI. more shorts were added after Trump cliamed that 2 weeks time war will end oil will tumble. Yesterday data shows growth in US export and Inport pushing US stock higher with AI speculation after Nvidia news with SK. What i would say is that almost noone like to see a spike in oil right now, especially due to war for the stock market as oil up and broad market will go south and oil related market are small. I don' t like war as well, i hope war quickerly end so market can focus on real supply and demand, main reason why i tracked 250MA for RH and trend towards 2027. AI is still expected to grow with roadblock in memory chip supply where huge capex is plan for them in 2027/28 this will drive demand in both oil and gas, of cos energy sectors as well. It will takes some time few months at least  for ME route to recover and well as to return back pre-war oil production level, which currently oil production had decreased a lot due to storage shortage with tanker stuck at the striats, will takes like another 2 week for re-positioning once gates reopens for ship to move. Currently oil are trading at Aug contract, 4-5 months for the rest of 2026, with at least 2 months for traffic to recover back to pre-war and low inventory report from around the world, don' t think oil stockpile can re-cover back to that level within 3 month (shorter than war disruption of 100 days), this had more or less conclude that RH 2026 performance will a lot better than 2025. Indonesia oil industry predict average oil px 2026 at 86 usd and 80 usd for 2027, potentially 16-30m and 11-25m net profit respectively (depends on exploration, assumed about 13m with bad result, 2025 hurt bottomline resulting only 3m profit, if drilling hit jackpot, you get better output, more profit)  For comodity stock track average px hardly goes wrong, like First Resources, if not for the Indonesia export control, will be trading above 3 dollars, in fact the entire Indonesia market tank. just sharing info and my view from a small holders haha huat to all who is holding
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ssw518
Supreme |
10-Jun-2026 04:47
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FYI on crude shortselling positions, keep an eye on WI, 2 million so they better be right on demand and supply, or we will see oil back to 120 dollars  
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piscesmonkey
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09-Jun-2026 09:53
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Oil counter not easy to play cos now peace deal nearer all scare. | ||||||||||||||||||||
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ssw518
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09-Jun-2026 07:39
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250MA at 75.74
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piscesmonkey
Supreme |
08-Jun-2026 12:47
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I nv short is waiting to buy 150 😁 but some how wait tmr go down oil not much BB interest liao
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