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CheongArgh
    07-Apr-2026 17:47  
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Ya, probably he taco again 
n ended the war with no deal 
but again lied that Iran had 
agreed to his terms ! 
Not surprising. he is very 
capable of lying such things !

 

piscesmonkey      ( Date: 07-Apr-2026 17:13) Posted:

Wasted nv sell at 75 but swll at 74 when saw the oil price chiong down. Ceasefire?

piscesmonkey      ( Date: 07-Apr-2026 09:46) Posted:

Bought 73


 
 
piscesmonkey
    07-Apr-2026 17:13  
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Wasted nv sell at 75 but swll at 74 when saw the oil price chiong down. Ceasefire?

piscesmonkey      ( Date: 07-Apr-2026 09:46) Posted:

Bought 73

 
 
Everyday
    07-Apr-2026 15:40  
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AI comment from Google :
Turnaround Efforts
Despite these risks, the board remains optimistic about a recovery. Efforts to stabilize the company include: 
  • Debt Restructuring: The company' s future hinges almost entirely on bondholders agreeing to a restructuring plan for LPH.
  • Liquidity Approval: Recently, bondholders approved certain liquidity funding, which led to a brief 3% bump in share price at the end of March 2026.
  • Analyst Forecasts: Some analysts still predict the company could  break even  within 12 months if growth targets are met, though these estimates are considered highly optimistic given current debt levels. 
    Yahoo FinanceYahoo Finance  +3
 

 
LoudShout
    07-Apr-2026 15:22  
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Although Rex has a stay from the bondholders, it is now facing the grace period for its payments due to its share of operating costs for Norway oilfields and other payables.

They are separate parties.  So this week, if it is unable to pay, it will be in default.
 
 
KenMcGormick
    07-Apr-2026 14:13  
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What happened to rex? Right market conditions but down 60%. Looks like my prediction still intact.

KenMcGormick      ( Date: 22-Aug-2025 18:27) Posted:

You can refer to my replies few posts back. Consistent losses with steady decrease to book value of 0.

Stocky901      ( Date: 22-Aug-2025 17:59) Posted:

Please post relevant information & not to confuse the forumers here 😕


 
 
makdatok
    07-Apr-2026 13:34  
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BULL BBs are waiting for the right timing to launch attack
 

 
Everyday
    07-Apr-2026 12:56  
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https://www.aa.com.tr/en/middle-east/-oman-iran-discuss-smooth-navigation-in-strait-of-hormuz/3892666

Oman, Iran discuss &lsquo smooth&rsquo navigation in Strait of Hormuz

Omani media says experts from both sides presented a number of ideas and proposals
Serdar Dincel
April 05, 2026&bull Update:  April 05, 2026
 
 




ISTANBUL

Oman and Iran held discussions to ensure a " smooth" flow of traffic through the Strait of Hormuz, the Omani state media reported on Sunday.

The discussions were held at the level of undersecretaries of their foreign ministries, Oman News Agency said, adding that experts from both sides presented a number of ideas and proposals.

Shipping through the Strait of Hormuz, a key passage for oil and gas shipments, has sharply declined in the wake of the US-Israeli war on Iran, prompting countries to consider alternative maritime and land routes.

About 20 million barrels of oil pass through the strait daily, and its closure has caused oil prices and shipping and insurance costs to rise, triggering global economic concerns.

Iran' s state news agency IRNA cited a senior Iranian official as saying that Tehran is formulating a protocol with Muscat to oversee maritime transit through the Strait of Hormuz.

&ldquo We are drafting a protocol for Iran and Oman to supervise transit in the Strait of Hormuz,&rdquo Kazem Gharibabadi, deputy foreign minister for legal and international affairs, said on Thursday.

Regional tensions have escalated since the US and Israel launched a joint offensive on Iran on Feb. 28, killing more than 1,340 people to date, including then-Supreme Leader Ali Khamenei.

Tehran has retaliated with drone and missile strikes targeting Israel, as well as Jordan, Iraq, and Gulf countries hosting US military assets. Iran has also restricted the movement of ships through the Strait of Hormuz.
 
 
piscesmonkey
    07-Apr-2026 12:28  
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https://aogdigital.com/news/537688-omans-block-50-offshore-drilling-ops-pushed-to-may

Everyday      ( Date: 07-Apr-2026 12:25) Posted:

    Block 50  is an active, 17,000-square-kilometer offshore oil concession in the Gulf of Masirah, east of Oman. Operated by  Masirah Oil Limited  (a subsidiary of  Rex International), it produced its first oil in February 2020, with key production coming from the Yumna Field. 
Offshore-Energy.bizOffshore-Energy.biz  +3
Key Details on Block 50:
  • Operator:  Masirah Oil Limited  (100% interest).
  • Key Field:  The Yumna Field, discovered in 2014, is the first offshore discovery in the area.
  • Production:  The field achieved " first oil" in March 2020, with multiple wells, such as Yumna-1, -2, -3, -4, and -5, contributing to production.
  • Current Activity:  A multi-well development drilling program is expected to start in May 2026 to boost production.
  • Awards:  The discovery won the " Offshore Discovery of the Year" award in Oman. 
    Masirah OilMasirah Oil  +3

    https://www.google.com/search?q=is+oman+oil+block+50& sca_esv=f386f744c74eff23& rlz=1C1ONGR_enSG1187SG1188& sxsrf=ANbL-n4o1vAdarHue98QahLrR12HFl7i4A%3A1775535481102& ei=eYXUab34BaqH4-EPr5SE8Ag& biw=1746& bih=818& ved=0ahUKEwj9mIyN8dqTAxWqwzgGHS8KAY4Q4dUDCBE& uact=5& oq=is+oman+oil+block+50& gs_lp=Egxnd3Mtd2l6LXNlcnAiFGlzIG9tYW4gb2lsIGJsb2NrIDUwMgUQIRigATIFECEYnwVIhTVQvglYjy9wAXgAkAEAmAGNAaABvgaqAQM5LjG4AQPIAQD4AQGYAgugApkHwgIOEAAYgAQYsAMYhgMYigXCAgsQABiABBiwAxiiBMICCxAAGLADGKIEGIkFwgIHECEYoAEYCsICBBAjGCfCAgUQABjvBcICCBAAGIAEGKIEmAMA4gMFEgExIECIBgGQBgeSBwM4LjOgB9kssgcDNy4zuAePB8IHBzAuMi44LjHIBzGACAA& sclient=gws-wiz-serp

 
 
Everyday
    07-Apr-2026 12:25  
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    Block 50  is an active, 17,000-square-kilometer offshore oil concession in the Gulf of Masirah, east of Oman. Operated by  Masirah Oil Limited  (a subsidiary of  Rex International), it produced its first oil in February 2020, with key production coming from the Yumna Field. 
Offshore-Energy.bizOffshore-Energy.biz  +3
Key Details on Block 50:
  • Operator:  Masirah Oil Limited  (100% interest).
  • Key Field:  The Yumna Field, discovered in 2014, is the first offshore discovery in the area.
  • Production:  The field achieved " first oil" in March 2020, with multiple wells, such as Yumna-1, -2, -3, -4, and -5, contributing to production.
  • Current Activity:  A multi-well development drilling program is expected to start in May 2026 to boost production.
  • Awards:  The discovery won the " Offshore Discovery of the Year" award in Oman. 
    Masirah OilMasirah Oil  +3

    https://www.google.com/search?q=is+oman+oil+block+50& sca_esv=f386f744c74eff23& rlz=1C1ONGR_enSG1187SG1188& sxsrf=ANbL-n4o1vAdarHue98QahLrR12HFl7i4A%3A1775535481102& ei=eYXUab34BaqH4-EPr5SE8Ag& biw=1746& bih=818& ved=0ahUKEwj9mIyN8dqTAxWqwzgGHS8KAY4Q4dUDCBE& uact=5& oq=is+oman+oil+block+50& gs_lp=Egxnd3Mtd2l6LXNlcnAiFGlzIG9tYW4gb2lsIGJsb2NrIDUwMgUQIRigATIFECEYnwVIhTVQvglYjy9wAXgAkAEAmAGNAaABvgaqAQM5LjG4AQPIAQD4AQGYAgugApkHwgIOEAAYgAQYsAMYhgMYigXCAgsQABiABBiwAxiiBMICCxAAGLADGKIEGIkFwgIHECEYoAEYCsICBBAjGCfCAgUQABjvBcICCBAAGIAEGKIEmAMA4gMFEgExIECIBgGQBgeSBwM4LjOgB9kssgcDNy4zuAePB8IHBzAuMi44LjHIBzGACAA& sclient=gws-wiz-serp
 
 
piscesmonkey
    07-Apr-2026 12:15  
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Everyday
    07-Apr-2026 12:14  
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Drilling programme in Yumna Field, Oman now expected to start in May 2026 SINGAPORE, 2 April 2026

Rex International Holding Limited (&ldquo Rex International Holding&rdquo , &ldquo Rex&rdquo or the &ldquo Company&rdquo , and together with its subsidiaries, the &ldquo Group&rdquo ), refers to the press release issued on 2 April 2026 by its indirect subsidiary Masirah Oil Limited, which announced the following: &ldquo Muscat, 2 April 2026: Masirah Oil Limited (&ldquo MOL&rdquo ) today announced that the drilling programme of three development wells in the offshore Yumna Field in Block 50 Oman is now expected to commence in May 2026. MOL is the Operator and holds a 100 per cent interest in Block 50 Oman

https://links.sgx.com/1.0.0/corporate-announcements/GGU33XXDXA4K230E/5b2b2ea0df3d4e1b4c428e837c0986347cd2cddda26b2536243c0223f8925b40
 
 
piscesmonkey
    07-Apr-2026 12:08  
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Iran launched missiles and drones toward Saudi Arabia in the early hours of April 7, reportedly targeting Al Jubail and sparking a large fire at the site. The city is the Middle East?s largest industrial hub, home to major petrochemical and energy facilities. The vast industrial zone spans over 1,000 square kilometers in the Eastern Province and contributes more than 7% to Saudi Arabia?s GDP, housing major petrochemical, oil refining, and steel operations.
 
 
piscesmonkey
    07-Apr-2026 11:19  
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Saudi Arabia has just pushed oil prices higher again and this time, the impact could hit Asia directly.
 
With a US$17 jump in crude prices for May deliveries, the ripple effect is already raising concerns that fuel costs in Thailand may rise further in the coming weeks.
 
As the Hormuz crisis drags on and supply remains uncertain, the real question now is how much more pressure consumers can absorb before the next round of price adjustments kicks in.
 
  https://www.nationthailand.com/news/world/40064749
 
 
piscesmonkey
    07-Apr-2026 10:30  
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WTI 115

piscesmonkey      ( Date: 07-Apr-2026 09:57) Posted:

Retest 81?

piscesmonkey      ( Date: 07-Apr-2026 09:46) Posted:

Bought 73


 
 
piscesmonkey
    07-Apr-2026 09:57  
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Retest 81?

piscesmonkey      ( Date: 07-Apr-2026 09:46) Posted:

Bought 73

 

 
piscesmonkey
    07-Apr-2026 09:46  
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Bought 73
 
 
Ryuuenji
    07-Apr-2026 09:11  
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65?
 
 
Johnsnow
    07-Apr-2026 07:20  
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Oil shares will be very very volitle, anytime will.hit 125 . Iran is a strong ego nation will.fight until.the end and US and his little boy will need to regret what they have done.
 
 
ysh2006
    07-Apr-2026 07:17  
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Heard tge news that Iran rejected the ceasefire proposal, continue to fight...
 
 
JurongW
    06-Apr-2026 16:48  
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The only sure thing about this news is that nothing is sure.

wehuattogether88      ( Date: 06-Apr-2026 16:45) Posted:

Iran's Revolutionary Guards said they are completing preparations to enforce new operating conditions in the Strait of Hormuz, which has been all but shut since the war with the United States and Israel began.
"The IRGC naval force is completing operational preparations for the Iranian authorities' #declared_plan for the new Persian Gulf order," the Guards naval forces said in a post on X on Sunday (Apr 5). 
They warned conditions in the strait "will never return to its former status, especially for the US and Israel". 

 
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