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Latest Forum Topics / RH PetroGas    Last:0.161    -0.004  Post Reply
Oil and Gas counters are volatile
MakeChanges
Elite
25-Mar-2022 09:24     
 
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Yells: "No price is too low for a bear or too high for a bull"
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 Alert Admin 		Analyst expect a global inflation if gas and oil are kept within russia and not exported out internationally

lp2000      ( Date: 25-Mar-2022 09:10) Posted:

Any news after the meeting in Europe between Biden and the EU guys? Putin says that soon they need to pay un rubles if they want more oil from Russia...

stanleytay      ( Date: 25-Mar-2022 09:05) Posted:

Does it matter? Anyway oil will move up and down throughout the day. He is just doing his normal morning routine. He already said b
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lp2000
Elite
25-Mar-2022 09:10     
 
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 Alert Admin 		Any news after the meeting in Europe between Biden and the EU guys? Putin says that soon they need to pay un rubles if they want more oil from Russia...

stanleytay      ( Date: 25-Mar-2022 09:05) Posted:

Does it matter? Anyway oil will move up and down throughout the day. He is just doing his normal morning routine. He already said b4

lp2000      ( Date: 25-Mar-2022 09:01) Posted:

  you mean the WTI?   Brent is still above +11
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stanleytay
Master
25-Mar-2022 09:05     
 
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 Alert Admin 		Does it matter? Anyway oil will move up and down throughout the day. He is just doing his normal morning routine. He already said b4

lp2000      ( Date: 25-Mar-2022 09:01) Posted:

  you mean the WTI?   Brent is still above +118

MakeChanges      ( Date: 25-Mar-2022 08:23) Posted:

Crude falls to 111++
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lp2000
Elite
25-Mar-2022 09:01     
 
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 Alert Admin 		  you mean the WTI?   Brent is still above +118

MakeChanges      ( Date: 25-Mar-2022 08:23) Posted:

Crude falls to 111++
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MakeChanges
Elite
25-Mar-2022 08:23     
 
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 Alert Admin 		Crude falls to 111++
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lp2000
Elite
24-Mar-2022 17:26     
 
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 Alert Admin 		if $3 today when crude is in the range of $100, would be about $6...if crude would be at $200...tough life

easywin      ( Date: 24-Mar-2022 17:15) Posted:

Dun think so, imagine if US$200/ barrel how much is our petro price + GST + petrol taxes = per liter?
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easywin
Supreme
24-Mar-2022 17:15     
 
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 Alert Admin 		Dun think so, imagine if US$200/ barrel how much is our petro price + GST + petrol taxes = per liter?
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lp2000
Elite
24-Mar-2022 17:07     
 
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 Alert Admin 		That sounds a lot, but not impossible...not sure if it can get that high unless the states do not care about their people and do nothing... at $200 could double the price at the pump...should we prepare our bicycles?

s100125      ( Date: 24-Mar-2022 16:52) Posted:

https://Top oil traders warn prices could breach $200 a barrel https://www.google.com/amp/s/amp.ft.com/content/1643ba16-4e80-40cb-a983-7f57003945bc

s100125      ( Date: 24-Mar-2022 16:48) Posted:

Some of the world?s most respected oil traders have predicted crude prices could climb beyond $200 a barrel this year owing to a growing international boycott of Russia and a lack of alternative sources of supply.
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s100125
Elite
24-Mar-2022 17:03     
 
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 Alert Admin 		https://www.ft.com/content/1643ba16-4e80-40cb-a983-7f57003945bc

s100125      ( Date: 24-Mar-2022 16:48) Posted:

Some of the world?s most respected oil traders have predicted crude prices could climb beyond $200 a barrel this year owing to a growing international boycott of Russia and a lack of alternative sources of supply.
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s100125
Elite
24-Mar-2022 16:48     
 
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 Alert Admin 		Some of the world?s most respected oil traders have predicted crude prices could climb beyond $200 a barrel this year owing to a growing international boycott of Russia and a lack of alternative sources of supply.
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lp2000
Elite
24-Mar-2022 16:40     
 
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 Alert Admin

Brent crude futures fell below $121 per barrel on Thursday, reversing gains from earlier in the day and following a 5% jump in the previous session as traders took profits, while volatility in oil markets continued. Oil prices surged overnight following reports that crude exports from Kazakhstan&rsquo s Caspian Pipeline Consortium terminal, which carries about 1.2 million barrels per day, had completely halted due to storm damage. Russia&rsquo s Deputy Prime Minister said oil supplies could be stopped for two months.

EIA data also showed US crude inventories fell by 2.5 million barrels last week, defying market expectations for a modest increase and adding to bullish sentiment. Meanwhile, US President Joe Biden is set to meet NATO allies on Thursday and is expected to announce additional sanctions against Russia over its invasion of Ukraine.

source:
https://tradingeconomics.com/commodity/brent-crude-oil
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lp2000
Elite
24-Mar-2022 14:21     
 
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 Alert Admin 		Brent has already recovered to green again 122

sncm3425      ( Date: 24-Mar-2022 13:31) Posted:

With borders opening, oil demands will also follow up trend. Wait for momentum 🚀

lp2000      ( Date: 24-Mar-2022 13:22) Posted:

It seems to keep a similar pattern as yesterday. up in the morning and slowly slipping down for the time being, but do not be surprised to see a spike up..
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sncm3425
Senior
24-Mar-2022 13:31     
 
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 Alert Admin 		With borders opening, oil demands will also follow up trend. Wait for momentum 🚀

lp2000      ( Date: 24-Mar-2022 13:22) Posted:

It seems to keep a similar pattern as yesterday. up in the morning and slowly slipping down for the time being, but do not be surprised to see a spike up...

stanleytay      ( Date: 24-Mar-2022 11:09) Posted:

Good info ... Hah
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lp2000
Elite
24-Mar-2022 13:22     
 
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 Alert Admin 		It seems to keep a similar pattern as yesterday. up in the morning and slowly slipping down for the time being, but do not be surprised to see a spike up...

stanleytay      ( Date: 24-Mar-2022 11:09) Posted:

Good info ... Haha

piscesmonkey      ( Date: 24-Mar-2022 11:04) Posted:

Wah oil turn red liao suddenly
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stanleytay
Master
24-Mar-2022 11:09     
 
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 Alert Admin 		Good info ... Haha

piscesmonkey      ( Date: 24-Mar-2022 11:04) Posted:

Wah oil turn red liao suddenly
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lp2000
Elite
24-Mar-2022 11:07     
 
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 Alert Admin 		while brent still hig above 123, it looks like some selling pressure is still high, isn' t it? or is it accumulation or distribution? both rex and RH slowed down...

 

lp2000      ( Date: 24-Mar-2022 10:42) Posted:

It seems likely that 335 to be the bottom for the day...buying wall seems to be getting stronger.  A bit quieter at the moment, more volume is needed, but It is still early.

trader1970      ( Date: 24-Mar-2022 10:18) Posted:

Yes, need volume.. Be patient... it will come, everyday go up two cents is good oredi.. lol .. anyway the ST & LT chart looks great and has chance.
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piscesmonkey
Supreme
24-Mar-2022 11:04     
 
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 Alert Admin 		Wah oil turn red liao suddenly
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lp2000
Elite
24-Mar-2022 10:42     
 
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 Alert Admin 		It seems likely that 335 to be the bottom for the day...buying wall seems to be getting stronger.  A bit quieter at the moment, more volume is needed, but It is still early.

trader1970      ( Date: 24-Mar-2022 10:18) Posted:

Yes, need volume.. Be patient... it will come, everyday go up two cents is good oredi.. lol .. anyway the ST & LT chart looks great and has chance..

piscesmonkey      ( Date: 24-Mar-2022 10:14) Posted:

Need strong buyer so that can see 40cenrs soon. Butsee the roadblock. Need oil go up $10 maybe got chanc
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trader1970
Elite
24-Mar-2022 10:18     
 
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 Alert Admin 		Yes, need volume.. Be patient... it will come, everyday go up two cents is good oredi.. lol .. anyway the ST & LT chart looks great and has chance..

piscesmonkey      ( Date: 24-Mar-2022 10:14) Posted:

Need strong buyer so that can see 40cenrs soon. Butsee the roadblock. Need oil go up $10 maybe got chancd

trader1970      ( Date: 24-Mar-2022 09:59) Posted:

Putin is so smart to make call to unfriendly nations to buy oil from him in rubles which he definitely know they have no choice as this is a necessity that cannot be replaced overnight and also helps to push up the currency.  Brilliant move better than shutting off the pipeline to europe which ll hurt his pocket.. Will this fiasco going to end so soon?... Think... it ll get worst.. Putin need to save his face and fight on otherwise he cant account for his actions.. Nato and the US going to fan more fire as they can weaken Russia without planting a single army in Ukraine and watch live firing shows drinking coffee.. The oil jump today will continue to burn and expect higher prices in the coming days.. All oilies counters will have to move higher as their margins will be better....   
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piscesmonkey
Supreme
24-Mar-2022 10:14     
 
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 Alert Admin 		Need strong buyer so that can see 40cenrs soon. Butsee the roadblock. Need oil go up $10 maybe got chancd

trader1970      ( Date: 24-Mar-2022 09:59) Posted:

Putin is so smart to make call to unfriendly nations to buy oil from him in rubles which he definitely know they have no choice as this is a necessity that cannot be replaced overnight and also helps to push up the currency.  Brilliant move better than shutting off the pipeline to europe which ll hurt his pocket.. Will this fiasco going to end so soon?... Think... it ll get worst.. Putin need to save his face and fight on otherwise he cant account for his actions.. Nato and the US going to fan more fire as they can weaken Russia without planting a single army in Ukraine and watch live firing shows drinking coffee.. The oil jump today will continue to burn and expect higher prices in the coming days.. All oilies counters will have to move higher as their margins will be better....   

piscesmonkey      ( Date: 24-Mar-2022 09:39) Posted:

Look like can go up 40cents very soon. Since oil keep going up nonstop
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