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Falling Oil Prices - Where it leaves Malaysia, Not too bad afterall
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nexona88
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 Apr 8 2015, 08:51 PM
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Oil falls on larger-than-expected U.S stock build, record Saudi output in March.
"We're going to need to see a very big uptick in demand to offset that supply," Ben Le Brun, analyst at OptionsXpress in Sydney, said. "There is a glut of supply in oil at the moment."
Adding to that supply, Saudi oil minister Ali al-Naimi said late on Tuesday that Saudi output would likely remain around 10 million barrels per day (bpd) after posting a record high of 10.3 million bpd in March.
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nexona88
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Apr 9 2015, 11:01 AM
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WTI crude dives 6% down  http://finance.yahoo.com/news/oil-prices-f...-012045031.html]http://finance.yahoo.com/news/oil-prices-f...-012045031.html |
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nexona88
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Apr 9 2015, 04:51 PM
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Crude oil may rebound to US$80 in 3-5 years -Franklin Templeton Investments  http://www.theedgemarkets.com/my/article/c...nklin-templeton |
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nexona88
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Apr 9 2015, 08:00 PM
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QUOTE(AVFAN @ Apr 9 2015, 06:48 PM) i like this one better: our int rates are nowhere near 0. bnm should cut interest rates to exploit cheap oil prices for economic growth!  http://www.bloomberg.com/news/articles/201...ct-of-cheap-oilu know what.. frien of mine told tat BNM will cut OPR rate at next policy meeting  |
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nexona88
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Apr 14 2015, 05:14 PM
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Oil above $58 on US shale output report, Mideast QUOTE The U.S. Energy Information Administration (EIA) said on Monday it expected U.S. shale production to fall by 45,000 barrels per day (bpd) to 4.98 million bpd in May http://www.thestar.com.my/Business/Busines...east/?style=biz |
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nexona88
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Apr 16 2015, 06:48 PM
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nexona88
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Apr 18 2015, 08:25 PM
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QUOTE(yakato @ Apr 18 2015, 04:42 PM) next month the petrol will increase??? if follow world price & USD.. will increase next month but if gomen decide not to.. then no difference  |
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nexona88
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Apr 22 2015, 01:04 PM
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nexona88
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Apr 22 2015, 01:08 PM
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QUOTE(MeToo @ Apr 22 2015, 01:05 PM) WTI for Jun is currently 56.04 Brent for Jun is at 61.62 Looks like petrol prices at the pump for May will increase for sure... Dont wait until the last day to line up ya guys gomen not using tis month (April) avg price to set retail fuel price for May?  This post has been edited by nexona88: Apr 22 2015, 01:09 PM |
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nexona88
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Apr 30 2015, 11:12 PM
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QUOTE(supersound @ Apr 30 2015, 10:47 PM) Make it this way, the crude oil price will be only on effect on end of June, so it is not right to increase now. Also, as said, bi-election is on the way, so they will keep quiet. But in June, sure the increase will be ugly, may go as high as rm0.30  I think so unless some YB dies & have BE again  |
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nexona88
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Apr 30 2015, 11:21 PM
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QUOTE(supersound @ Apr 30 2015, 11:18 PM) Only can hope the oil price dropped back to 55. yeah tat too  |
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nexona88
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May 1 2015, 12:17 PM
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QUOTE(billytong @ May 1 2015, 07:03 AM) Did they just proved that the "manage float" oil price are not actually follow world oil price?  we all still don't know how they set the retail fuel price  |
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nexona88
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Jul 27 2015, 12:56 PM
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Oil prices fall on oversupply worries, investors look to Fed meeting http://www.thestar.com.my/Business/Busines...ting/?style=biz |
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