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promising vol....... buy from sell queue out numbered sell to buy queue 2 to 1.
Tomorrow is the new dateline for Qatar......... Wednesday should be interesting for oil price...........
good start
120+ should be do-able today.
Ai lia lieow........ Hold tight.......!
Going back to 15 cents. If oil reach 55dollars, this will go to 20 cents, dyodd
Oil prices edge up on first drop in US drilling in months
India is currently the fastest demand growth for oil consumption.........
sbscap ( Date: 03-Jul-2017 16:43) Posted:
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More sanction on Qatar........ and show of force by the Arab League by deploying of more ground and naval forces along the Qatar borders.... in the coming weeks. Oil price gradually goes up, but no spiking as Qatar is a major gas exporter.
Based on USD 48 for Brent, I reckon Kris is worth around 18c to 20c per share. There are issues surrounding execution risk and financing (or refinancing) risk. I am unfortunately vested at the equivalent of 16c, which in hindsight is a poor entry level. I don' t think oil will spike up to any meaningful level anytime soon. China should alone hold up oil price due to demand but not anywhere higher than 60. Good luck to all.
So what is probably going to happen would you kindly give your tio?
Let me guess the possible flow of events in the Gulf....
- Arab League introduced more sanctions on Qatar.
- US, Russia, China appeal for peaceful resolutions&hellip .. for show.
- US starts redeployment of military assets and personnel out of Qatar in secret.
- Arab league starts Qatar invasion and over ran most of Qatar in less than a week.
- Iran immediately responded with airstrikes and do multiple point crossing over the gulf into Qatar and also Invading UAE (since the Gulf is narrowest at the UAE side) and later Oman.
- Oil price spike to US$80.......US$100.....and beyond as war escalated.
- By end of week 2, Oil installations in Qatar, more than half of the Arab League&rsquo s and Iran fighter planes and tanks destroyed.UAE especially and Oman also suffers damages in their respective countries after Iran invade them to force their forces to withdraw from the Qatar invasion alliance to protect their own countries.
- End of Week 2, secret shipment of US and Russian Hardware and advisors starts arriving at the battle fields.
- Battle continues till week 4 with no clear winners......Finally a Truce is effected, &hellip &hellip .. and withdrawal of opposing forces back to the original borders before the war.
okay some jump start already
Thailand in the second and third quarters of 2017 would be higher than in 1Q2017.
In the event of a conflict, I expect US will support with words and weapon sales to the Arab League. Commitment of US Hardware and personnel will be minimum....(advisors, etcs), unless Russian, Iran Syria is seen winning the conflict. This arrangement will maximise US gain with Billions US$ weapon sales and higher oil price. US is now the 2nd or 3rd largest Oil producers in the World, Largest Weapon exporter in the world and Trump is a businessman.......,hence, the deduction......IMHO.
China will play the neutral role in this conflict........ because China need Oil from Arab League on the one hand and be on friendly term with Russia on the other hand......
Siwomp ( Date: 03-Jul-2017 09:07) Posted:
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If US move its base out of Qatar, then oil price will spike significantly..................... till then, the Arab neighbours will not move against Qatar militarily. Any military action then by the Arabs against Qatar will result in a pro-long conflict pitching the Arab league (US backing) against Qatar, Iran, Syria (with Russian) backing...... oil will go up to US$80 - US$100 and beyond......IMHO
Oil price rebounded strongly during the weekend.
Predicition of 2 Qtr should be favourable since First Quarter 2017 is positive
Net profit after tax was US$55.7 million in 1Q2017 compared with a net loss after tax of US$20.1 million in 1Q2016. The 1Q2017 net profit after tax was mainly attributable to: the incurrence of lower operating costs, primarily driven by lower production from the Wassana field during 1Q2017
Net profit after tax was US$55.7 million in 1Q2017 compared with a net loss after tax of US$20.1 million in 1Q2016. The 1Q2017 net profit after tax was mainly attributable to: the incurrence of lower operating costs, primarily driven by lower production from the Wassana field during 1Q2017
Is there a possible of a sharp rebound?