$Rex Intl (5WH.SG)$$RH PetroGas (T13.SG)$$Dyna-Mac (NO4.SG)$...
Oil prices dipped but remain near 3-week highs as demand rebounds, particularly in Asia, amid ongoing geopolitical tensions in the Middle Easta and as Federal Reserve officials deliberate over the timeline of interest rate cuts in 2024, with many pushing back against "sooner rather than later" expectations.
Currently, oil prices are flat. Brent crude is at USD82.46, while WTI crude is at USD77.55.
Long-suffering Rex and RHP may be bottoming. Rex's support is around 0.116-0.12. RHP's support is around 0.156-0.159.
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kyneo : $RH PetroGas (T13.SG)$ Is this a good entry point?
bullrider_21 OP kyneo : I think so. The price has fallen so much. The weak results may have been factored in already.
AdamKing : time to load for coffee again!