Author Topic: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.  (Read 7090 times)

Offline aspenvit

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OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« on: October 15, 2014, 04:00:18 PM »
HABIS.
Question 1:
Who got allotted a lot of IPOs?
Question 2:
Who can borrow a lot of money to apply IPOs?
Question 3:
Why share price never move up while u are holding it? But nearly 100% move up right after u cut loss?

Offline ahbah

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #1 on: November 24, 2014, 05:05:04 PM »
LONDON, Nov 24:

Oil prices could plunge to US$60 (RM201) a barrel if the Organisation of the Petroleum Exporting Countries (OPEC) does not agree a significant output cut when it meets in Vienna this week, market players say.

Brent crude futures have fallen 34% since June to touch a four-year low of US$76.76 a barrel on Nov 14, and could tumble further if OPEC does not agree to cut at least one million barrels per day (bpd), commodity fund managers say.



Online king

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #2 on: November 24, 2014, 05:13:32 PM »


CUT OR NO CUT ??

Offline ORIENT

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #3 on: November 24, 2014, 05:15:23 PM »

CUT OR NO CUT ??
Of course dont cut like wow wow kim, cut already then dont have liao :D
Namotasapakawatoarahatosamasamputasa

Online king

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #4 on: November 24, 2014, 05:16:56 PM »
Of course dont cut like wow wow kim, cut already then dont have liao :D

I MEAN OPEC CUT OR NO CUT PRODUCTION.

Online king

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #5 on: November 24, 2014, 05:17:50 PM »


SAUDI IS T TAI KOR.

Offline ORIENT

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #6 on: November 24, 2014, 05:23:16 PM »
I MEAN OPEC CUT OR NO CUT PRODUCTION.
:D :D :D :D :D :D :D :D

HAHAHAHAHAHAHA

U know what i mean , and i knew what u meant  :thumbsup:
Namotasapakawatoarahatosamasamputasa

Online king

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #7 on: November 24, 2014, 05:25:40 PM »
:D :D :D :D :D :D :D :D

HAHAHAHAHAHAHA

U know what i mean , and i knew what u meant  :thumbsup:


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Offline ORIENT

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #8 on: November 24, 2014, 07:34:49 PM »

                                        :handshake:
:handshake:
Namotasapakawatoarahatosamasamputasa

Offline eye-hub

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #9 on: November 24, 2014, 10:32:36 PM »
Some fund managers see oil falling to $60 without OPEC cut

By Claire Milhench

LONDON (Reuters) - Some commodity fund managers believe oil prices could slide to $60 per barrel if OPEC does not agree a significant output cut when it meets in Vienna this week.

Brent crude futures (LCOc1) have fallen by a third since June, touching a four-year low of $76.76 a barrel on Nov. 14.

They could tumble further if OPEC does not agree to cut at least one million barrels per day (bpd), according to some commodity fund managers' forecasts.

"The market would question the credibility of OPEC and its influence on global oil markets if there was no cut," said Daniel Bathe, of Lupus Alpha Commodity Invest Fund.

That could send Brent down to around $60, Bathe said.

"Herding behaviour and a shift to net negative speculative positions should accelerate the price plunge," he said.

Yet fund managers and brokerage analysts are divided over whether OPEC will reach an agreement on cutting output.

Bathe put the likelihood at no more than 50 percent.

Oil prices have been falling since the summer due to abundant supply, partly from U.S. shale oil, and because of low demand growth, particularly in Europe and Asia.

As a result, some investors believe a small cut of around 500,000 bpd would not be enough to calm the markets.

Doug King, chief investment officer of RCMA Capital, sees Brent falling to $70 per barrel even with a cut of one million bpd.

"With this, I would expect lower prices in the first half of 2015," he said.

If OPEC fails to agree a cut, prices will drop "further and quite quickly", with U.S. crude (CLc1) possibly sliding to $60, he said.

U.S. crude closed at $76.51 on Friday, with Brent just above $80.

'OIL WAR'

With member states struggling to balance budgets, many OPEC countries will be pushing for an output cut when OPEC meets in Vienna on Nov. 27.

"Prices below $80 are putting significant strain on the cartel's weakest members such as Venezuela," said Nicolas Robin, a commodities fund manager at Threadneedle.

He said a bigger cut, of one million bpd or more, was an "outlier scenario" but said such a move could rapidly push prices above $85.

"A move higher would likely be accelerated by the lack of liquidity owing to the U.S. (Thanksgiving) holiday next week," Robin added.

Doug Hepworth of Gresham Investment Management said bigger cut was needed to lift prices.

"A surprise significant cut, say of 2 million bpd, is needed to push prices back up to $80. And that would have to be accompanied by some newfound discipline in the non-Saudi members," Hepworth said.

The market has been awash with conspiracy theories as to why Saudi Arabia has not already intervened. New York Times columnist Thomas Friedman hinted at "a global oil war under way pitting the United States and Saudi Arabia on one side against Russia and Iran on the other".

Hepworth argued that Saudi Arabia appeared pretty happy with current pricing levels and suggested they were waiting to see where the cut-off point for U.S. production was.

"Time is on their side, they can afford to wait," he said, stressing he was talking months, not years, but added if oil fell below $70 that waiting time "shrinks to weeks".

Tom Nelson, of Investec Global Energy Fund, said he believed Saudi Arabia had allowed the price to fall to incentivise smaller OPEC producers, which often rely on the biggest producer to intervene, to join Riyadh in cutting output.

"They (the Saudis) want to cut but they don't want to cut alone," Nelson said, adding that a cut of between one million and 1.5 million bpd should be sufficient to balance the market.

"The market really wants to see that OPEC is still functioning ... if there is a small cut, with an accompanying statement of coherence from OPEC that presents a united front, and talks about seeing demand recovery, and some moderation of supply growth, then Brent could move up to $80-$90."

(Additional reporting by Eric Onstad; editing by Robin Pomeroy and Jason Neely)
"Price is the most important factor to use in relation to value."  - Walter Schloss

Offline ongchef

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #10 on: November 24, 2014, 10:57:13 PM »
 :D :D :D........die` die` why cant think black gold [price dripping can generate better konlormee......a blessing in disguise lar 8) 8) :thumbsup:..........just hoot&

woot any IT related.esp with cap D ;)....dgsb,.easy win like DUofu lar! :handshake: :thumbsup: :cash: :cash: :cash:

Offline ongchef

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #11 on: November 24, 2014, 11:08:19 PM »
 :(......apunehneh!!!........toldED u edi,with underwear worn outside,where got such funsexmental,now  ah ma ma!!!  :sweat: :sweat: :phew: :phew:






KUALA LUMPUR (Nov 24): Chief Executive Officer of Bumi Armada Bhd Hassan Basma pares down its stake in the company, although the share price has been drifting lower in the past five months.
 
According to a filing with Bursa Malaysia, Hassan sold 421,900 shares last Friday (Nov 21) at RM1.36 per share, and some 1.0781 million shares today at RM1.395 per share, on the open market.
 
After the latest share sales, Hassan is left with three million shares or 0.05% equity stake in Bumi Armada.
 
Prior to this, Hassan also sold off some 5.5 milion shares in mid-October, after the company’s bonus issue. He disposed of 2.5 million shares at RM1.436 per share, and three million shares at RM1.40 per share then.
 
 Bumi Armada share price has fallen off the cliff, sliding from the year’s high of RM4 in early January to a low of RM1.34 last Friday. The stock closed at RM1.41, up seven sen from last Friday’s closing.
 
Usaha Tegas Sdn Bhd, an investment holding company linked to Ananda Krishnan, had in August disposed of 215 million shares or 7.33% equity stake in Bumi Armada, leaving Usaha a deemed interest of 34.92% in the group.
 
On its operation, Bumi Armada has delayed the execution of the US$1.18 billion (RM395.5 billion) contract to supply one floating production, storage and offloading (FPSO) vessel to Husky-CNOOC Madura ltd (HCML) three times.
 
The contract will be terminated, should both parties fail to sign by coming Thursday (Nov 27), unless another extension is agreed upon.
 
In terms of earnings performance, Bumi Armada’s net profit dropped almost 11% to RM108 million in the financial quarter ended Sept 30, from RM121.3 million in the previous corresponding quarter. However, revenue was higher at RM636.5 million, against RM546.3 million.
 
The fall on the company’s accumulative profit is sharper at 20% to RM271.2 million for the nine-months ended Sept 30, from RM342.8 million a year ago. Revenue was higher at RM1.69 billion, against RM1.52 billion.
 




























Offline ahbah

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #12 on: November 25, 2014, 08:28:13 AM »
If China does decelerate well below 7% in 2015, an oil price target in the $30 to $40 range is completely realistic.

http://www.marketwatch.com/story/cheap-oil-may-be-a-sign-of-bigger-problems-2014-11-21

Online king

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #13 on: November 25, 2014, 08:28:59 AM »
If China does decelerate well below 7% in 2015, an oil price target in the $30 to $40 range is completely realistic.

http://www.marketwatch.com/story/cheap-oil-may-be-a-sign-of-bigger-problems-2014-11-21


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Offline ahbah

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #14 on: November 25, 2014, 08:29:49 AM »

CUT OR NO CUT ??

I say NO cut !  Oil price to fall further !

Online king

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #15 on: November 25, 2014, 08:30:18 AM »
I say NO cut !  Oil price to fall further !


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Offline ahbah

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #16 on: November 25, 2014, 09:17:07 AM »
Will OPEC cut oil production for the benefit of non OPEC members ?

Offline eye-hub

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #17 on: November 25, 2014, 09:26:36 AM »
yes     or        no         :( :( :( :( :( :(


Will OPEC cut oil production for the benefit of non OPEC members ?
"Price is the most important factor to use in relation to value."  - Walter Schloss

Offline ahbah

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #18 on: November 25, 2014, 09:27:29 AM »
yes     or        no         :( :( :( :( :( :(



I think no cut oil production.

Offline ahbah

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #19 on: November 26, 2014, 08:26:44 AM »
Oil came under pressure after news reports said a meeting of officials from Venezuela, Saudi Arabia, Mexico and Russia’s OAO Rosneft failed to achieve a compromise on oil.

Online king

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #20 on: November 26, 2014, 08:27:35 AM »
Oil came under pressure after news reports said a meeting of officials from Venezuela, Saudi Arabia, Mexico and Russia’s OAO Rosneft failed to achieve a compromise on oil.


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Offline jjwong

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #21 on: November 26, 2014, 09:49:11 AM »
50% of Russia economy depend on oil export
Oil will be hantam down further till regime change in Russia
btw PETRONAS shale oil purchase in Canada(6 billion?)  last year will incur huge loses
"The only conquests which are permanent and leave no regrets are our conquests over ourselves"    Quote from Napolean Bonaparte

Politicians like to rally the masses to stage conquest  against "the enemy",  the real intent is  actually...$ $

Online king

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #22 on: November 26, 2014, 09:56:47 AM »
50% of Russia economy depend on oil export
Oil will be hantam down further till regime change in Russia
btw PETRONAS shale oil purchase in Canada(6 billion?)  last year will incur huge loses



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Offline ahbah

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #23 on: November 26, 2014, 10:01:44 AM »
50% of Russia economy depend on oil export
Oil will be hantam down further till regime change in Russia
btw PETRONAS shale oil purchase in Canada(6 billion?)  last year will incur huge loses


PETRONAS shale oil purchase in Canada(6 billion?)  last year will incur huge loses ?

Korrect ?

Offline eye-hub

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #24 on: November 26, 2014, 10:50:37 AM »
I think no cut oil production.


Ya loh.....no cut
"Price is the most important factor to use in relation to value."  - Walter Schloss

Online king

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #25 on: November 26, 2014, 10:52:08 AM »

Ya loh.....no cut


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Offline ahbah

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #26 on: November 26, 2014, 11:05:46 AM »

Ya loh.....no cut

So, Ah Jeep going to reduce petrol price for us ?

Offline ahp

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #27 on: November 26, 2014, 11:06:55 AM »
Confirm cut la

Online king

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #28 on: November 26, 2014, 11:15:07 AM »
So, Ah Jeep going to reduce petrol price for us ?

                                        :D :D :D

                                        :D :D :D

                                        :D :D :D

Offline ahbah

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #29 on: November 26, 2014, 11:16:36 AM »
Confirm cut la

Saudi Arabia, the de facto leader of the Organization of the Petroleum Exporting Countries, is likely to side with calls for the group to adhere more closely to its self-imposed production ceiling at Thursday’s meeting of OPEC oil ministers, according to a Gulf official familiar with the Saudi position.


Online king

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #30 on: November 26, 2014, 11:19:05 AM »
Saudi Arabia, the de facto leader of the Organization of the Petroleum Exporting Countries, is likely to side with calls for the group to adhere more closely to its self-imposed production ceiling at Thursday’s meeting of OPEC oil ministers, according to a Gulf official familiar with the Saudi position.



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Offline ongchef

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #31 on: November 26, 2014, 11:23:42 AM »
Saudi Arabia, the de facto leader of the Organization of the Petroleum Exporting Countries, is likely to side with calls for the group to adhere more closely to its self-imposed production ceiling at Thursday’s meeting of OPEC oil ministers, according to a Gulf official familiar with the Saudi position.


:D :D :D ..........no eat konlormee meh!! :) :)>>>cheaper cost of fuel,more steady n increased demand consumption$>>>think n underwears out of box lar 8),EVERYBODY CAN BUY!!! :thumbsup: :clap: :clap: :clap:

Offline ahbah

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #32 on: November 27, 2014, 10:06:11 AM »
LONDON: Brent crude oil dropped towards US$77 a barrel yesterday after Iran signalled that the Organisation of the Petroleum Exporting Countries (Opec) was unlikely to push for a major change in oil output despite a collapse in prices.

“This suggests that we won’t get any decision on an output cut,” said Michael Hewson, oil market analyst at CMC Markets in London. “We’re probably going to see oil prices go down towards US$70 a barrel.”



Online king

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #33 on: November 27, 2014, 10:14:59 AM »


OPEC DUN CUT PRODUCTION??

Offline ahbah

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #34 on: November 27, 2014, 10:17:37 AM »
Crude-oil futures extended their slide Wednesday, ending at a four-year low on expectations the Organization of the Petroleum Exporting Countries won’t move to significantly cut oil production.

Saudi Arabia’s oil minister indicated that he wouldn’t push for a cut in production targets at the cartel’s closely-watched meeting in Vienna Thursday, The Wall Street Journal said. Other news reports also indicated a cut was unlikely.

Offline ahbah

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #35 on: November 27, 2014, 03:30:42 PM »
 The majority of Malaysians will likely struggle in the event of income emergencies as they have no financial assets and no banking or financial account of any kind, the Malaysia Human Development Report 2013 revealed.

Online king

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #36 on: November 27, 2014, 03:32:38 PM »
The majority of Malaysians will likely struggle in the event of income emergencies as they have no financial assets and no banking or financial account of any kind, the Malaysia Human Development Report 2013 revealed.

90% OF RURAL N 86% OF URBAN MALIESIAN HAS NO SAVING FOR EMERGENCY !!!!

Offline ahbah

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #37 on: November 27, 2014, 05:10:11 PM »
“The two most likely outcomes in our view are either a very moderate production cut or none at all,” Stefan Graber, commodity strategist at Credit Suisse said in a report.

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #38 on: November 27, 2014, 05:14:11 PM »
“The two most likely outcomes in our view are either a very moderate production cut or none at all,” Stefan Graber, commodity strategist at Credit Suisse said in a report.

COUNT DOWN............

Offline givme$

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #39 on: November 27, 2014, 05:27:02 PM »
COUNT DOWN............
Come opec show me 60 per barrel. Then we can pump cheap petrol and a lot of dead o&g stock to choose. :D :D
心无罣碍 无罣碍故无有恐怖 远离颠倒梦想

Offline ahbah

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #40 on: November 27, 2014, 05:32:27 PM »
Come opec show me 60 per barrel. Then we can pump cheap petrol and a lot of dead o&g stock to choose. :D :D

If so chip chip, can we buy big tanks to store up the chip petrol like China ?

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #41 on: November 27, 2014, 05:35:12 PM »
If so chip chip, can we buy big tanks to store up the chip petrol like China ?
[/quot

After u store, it plunge again, how ?

Offline ahbah

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #42 on: November 27, 2014, 11:07:26 PM »
If so chip chip, can we buy big tanks to store up the chip petrol like China ?
[/quot

After u store, it plunge again, how ?

Then I will have to close my eye and follow the plunge to plunge into the South Indian Ocean !

Online king

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #43 on: November 27, 2014, 11:15:38 PM »


Opec not cutting production.

Crude Tumbles.

Offline Divine

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #44 on: November 27, 2014, 11:28:41 PM »

Opec not cutting production.

Crude Tumbles.

some here( not investlah) will be s.h.i.t.t.n.g. bricks
There comes a time when you just have to stop worrying about what other people think, and focus upon your own life.:)

Offline ahbah

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #45 on: November 28, 2014, 12:00:06 AM »

Opec not cutting production.

Crude Tumbles.

Ah Jeep, please announce the petrol price cut to help our poor rakyat 2morow.  Terima kasih.

Offline jjwong

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #46 on: November 28, 2014, 12:03:42 AM »
LONDON: Brent crude oil dropped towards US$77 a barrel yesterday after Iran signalled that the Organisation of the Petroleum Exporting Countries (Opec) was unlikely to push for a major change in oil output despite a collapse in prices.

“This suggests that we won’t get any decision on an output cut,” said Michael Hewson, oil market analyst at CMC Markets in London. “We’re probably going to see oil prices go down towards US$70 a barrel.”




Saudi trying to kill US shale oil. US trying to kill Russia 50% oil based economy. Russia say will see who die first , can bet till $60 no sweat.
Oil war has started.  The biggest victim will be bond holders of shale oil company. Bond holders will dump
"The only conquests which are permanent and leave no regrets are our conquests over ourselves"    Quote from Napolean Bonaparte

Politicians like to rally the masses to stage conquest  against "the enemy",  the real intent is  actually...$ $

Offline U.K.

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #47 on: November 28, 2014, 12:07:29 AM »
Ah Jeep, please announce the petrol price cut to help our poor rakyat 2morow.  Terima kasih.

NO way, all citizens including kampong kids/folks have to subsidize to the govt  :cash: :cash:

Offline ahbah

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #48 on: November 28, 2014, 12:10:22 AM »
Saudi trying to kill US shale oil. US trying to kill Russia 50% oil based economy. Russia say will see who die first , can bet till $60 no sweat.
Oil war has started.  The biggest victim will be bond holders of shale oil company. Bond holders will dump

The biggest winner will be oil storage tank maker.

Online king

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Re: OIL PRICE FREE FALL, USD 80 NOW. DIE DIE DIE.
« Reply #49 on: November 28, 2014, 12:14:05 AM »


Busar confirmed Bear ??