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RH PetroGas
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What happen to RH PetroGas
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piscesmonkey
Supreme |
17-Mar-2026 15:13
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Oil recover yesterday loss | ||||
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Stocky901
Supreme |
17-Mar-2026 15:05
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Shortists started covering liao.. let's see.. 🧐
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Cadence88
Veteran |
17-Mar-2026 14:42
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So?
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wehuattogether88
Supreme |
17-Mar-2026 14:40
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Oil is strong and might go higher when US market continue tonight. So can try maybe RH a bit also.
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piscesmonkey
Supreme |
17-Mar-2026 13:45
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Oil up 4%
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eric998
Supreme |
17-Mar-2026 13:45
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Not easy to trade, don?t trade is already win, BBs has no mercy, they looking at high profits, not peanuts, now nobody dare to buy, all cut loss, BBs celebrate.
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LZLOmega
Veteran |
17-Mar-2026 13:14
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Then why drop 8%, knn
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wehuattogether88
Supreme |
17-Mar-2026 11:10
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They are more cost efficient, so better profit in this coming 1H2026. | ||||
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Catrade
Master |
17-Mar-2026 10:29
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Looking at the cost of production(US$29.80/barrel) below RH Petro is in for very good results in this coming quarter. This company is very profitable compared to Rex which is bleeding! Further more it' s oil fields r in Indonesia not like Rex in Middle East/Oman.
, reflecting strong cost control following a 2024 average of US$31.40/bbl. The company&rsquo s production cost, or lifting cost, declined from 2023 levels due to optimized well management. RH PetroGas (RHP) reported a cost of production of approximately US$29.80 per barrel (bbl) in 1H2025 Cost and Operational Metrics
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wehuattogether88
Supreme |
17-Mar-2026 08:11
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WASHINGTON: US President Donald Trump vowed Monday (Mar 16) to "take" Cuba as the communist island plunged into darkness under a total power blackout linked to a crippling oil embargo imposed by Washington.
After nearly seven decades defying the United States, Havana's communist authorities are under massive pressure from a Trump administration determined to make history. "You know, all my life I've been hearing about the United States and Cuba. When will the United States do it?" Trump told reporters at the White House. "I do believe I'll be ... having the honour of taking Cuba," Trump said. "Whether I free it, take it - think I could do anything I want with it, you want to know the truth. They're a very weakened nation right now." It was one of Trump's most explicit threats and came as the Caribbean island of 9.6 million people grappled with yet another major power cut. |
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RODSTEWARD
Member |
16-Mar-2026 17:24
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Looks like Rex and RH both decoupled from oil prices and both have similar unfavour trend : Both diluted the shares by placement n ESOP and investors after chasing tandem with oil prices realised its not on the same footing - for RH ESOP will start trading on 19/3 n no matter how stong oil prices this ESOP will be a torn n most investors now look at Union Gas to hatch oil surge |
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eric998
Supreme |
16-Mar-2026 15:36
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Maybe after contras and retailers sell the price will go up. Oil counters not easy to trade, trade with care.
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wehuattogether88
Supreme |
16-Mar-2026 15:06
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RH should be above 30 cents by now, but other factors like shortists and Rex factors affect the share price performance.
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TraderBen
Supreme |
16-Mar-2026 15:02
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very suay to have REX as a twin bro.. Oil up and kena dragged down by REX | ||||
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TraderBen
Supreme |
16-Mar-2026 13:31
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By right RH should trading around 30 cents already. Kena dragged down by REX | ||||
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wehuattogether88
Supreme |
16-Mar-2026 12:06
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President Donald Trump?s order to strike Iranian military assets on Kharg Island has thrust one of Tehran?s most critical oil hubs into the center of the escalating U.S.-Iran conflict.
Trump said the strikes, carried out Friday night, targeted military facilities and spared oil infrastructure. But he warned the United States could attack crude facilities on the island if Iran continues attacks on commercial vessels in the Strait of Hormuz, a key shipping artery for global energy supplies. ?The strike on the military facilities of Kharg was meant to serve as a warning shot to Tehran. If it doesn?t reopen the Strait of Hormuz, the oil infrastructure on the island would be next,? Vandana Hari, founder of Vanda Insights, told CNBC in an email on Monday. Kharg Island is regarded as one of Iran?s most sensitive economic targets. The five-mile-long coral island, located about 15 miles off the coast of mainland Iran in the northern Persian Gulf, handles roughly 90% of the country?s crude exports. It also has a loading capacity of about 7 million barrels per day, making it a critical gateway for Tehran?s energy revenue. A direct hit on Iran?s export terminal on the island would instantly shut down most of its 1.5 million barrels per day crude exports, data provided by JPMorgan showed. ?Destruction of its oil infrastructure would take years to rebuild, leaving the country deprived of its most critical source of revenue,? Hari added. Energy analysts said Washington?s focus on Kharg Island reflects both the island?s strategic importance to Iran and its leverage over global oil markets. ?Iran has other ports, but presumably if the U.S. took control of or destroyed Kharg Island, it would be possible to do the same to the other export facilities,? said Josh Young, chief investment officer at Bison Interests. Damage to the facility could significantly disrupt exports, though Iran does have some limited alternatives, noted Andy Lipow, president of Lipow Oil Associates. Lipow noted that Iran could use its Goreh-to-Jask pipeline, which can bypass both Kharg Island and the Strait of Hormuz, carrying roughly 1.5 million barrels per day. Even so, analysts cautioned that attacks on Kharg Island would still represent a major escalation. ″ [Tehran] would escalate by attacking more energy infrastructure in the region, for instance, Abqaiq in Saudi Arabia,? said Edward Fishman, senior fellow at the Council on Foreign Relations, referring to the kingdom?s massive oil processing facility. Jeff Currie of Carlyle said the conflict is accelerating a structural shift in how energy supply chains are priced. Damaged infrastructure at Kharg Island cannot be repaired under fire, the former Goldman Sachs commodities chief wrote in a note. ?War-risk insurance premiums will likely remain elevated long after the last missile is fired. And the behavioral response ? hoarding, contract renegotiations, the scramble for alternative suppliers ? permanently reprices the supply chain,? he added. Currie said the world is moving toward a new energy paradigm in which security risks are embedded in commodity prices. Crude prices topped $100 per barrel on Monday. Brent prices, the international benchmark, were up 0.88% to $104 per barrel as of 9:48 p.m. ET. ?Every commodity that must transit a chokepoint will likely carry a security premium,? Currie wrote. For oil markets, that means the threat to Kharg Island may matter almost as much as an actual strike. |
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wehuattogether88
Supreme |
16-Mar-2026 10:28
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Oil price very resilience at current level, might go up further if US start bombing Irans oil facilities | ||||
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LZLOmega
Veteran |
15-Mar-2026 19:30
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This is AI lol
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piscesmonkey
Supreme |
13-Mar-2026 20:30
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RH Petrogas (RHP SP) 2025: Delivers Profit Despite Exploration Write-offs Highlights &bull 2025 profit fell 81% yoy to US$3.5m on oil price weakness and exploration write-offs. &bull A strong balance sheet and cash of US$31m provide flexibility for future exploration and development. &bull Maintain BUY with a higher target price of S$0.263 (previously S$0.245). |
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JurongW
Elite |
13-Mar-2026 16:29
Yells: "Earnings give weight, Chart give wings" |
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Contra is T+2 for Lim& Tan Sec. Is T+3 the norm for stockbroking firms?
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