MINYAK - production cost Here Are The Breakeven Oil Prices For Every Drilling Project In The World 1/ Oil is getting slammed. 2/ OPEC announced that it would not curb production to combat the decline in oil prices, which have been blamed in part on a global supply glut 3/ most US shale plays, costs are below $80 a barrel. How low prices can go before oil projects start shutting down, particularly US shale projects ? businessinsider.my/citi-breakeven-oil-production-prices-2014-11/#.VH68q9kazCT Sifu Jas : this is a GAME between OPEC and US Shale oil producers ! A show of siapa dominant in the market, siapa boleh bertahan produce at lower/lowest cost. Adoi ! Malaysiaku tersepit ! Tapi takpe, apparently Malaysia dah turn Net Importer of Oil since January this year. Betul ke ? Orang ramai sure suka sebab harga petrol kian murah. Inflasi mungkin ter kawal dan mungkin Bank Negara tak naikkan interest rate OPR cepat sangat. Tunggu impak GST cam mana... So whats the problem bro ? Hmmm problemnye foreigners selldown oil related stocks and Ringgit pun terkucil sama. Problemnye gomen lesser oil revenue. Also note that our stocks are traded as follows : 1/ foreign : local 75% local (retails, GLCs, local institutions) 25% foreigners. (Source : Bursa Malaysia) 2/ retail : institutions 25% retail 75% institutions
Posted on: Wed, 03 Dec 2014 08:03:32 +0000