$RH PetroGas (T13.SG)$$Rex Intl (5WH.SG)$ Price movements de...
Price movements depend on oil prices. RH was rejected at 0.188, near the 0.189 resistance. It may fall to support around 0.168. Rex reached 0.15, near my target of 0.149. It may fall to support around 0.131-0.134. @101572862
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101572862 : thanks so much Sir
bullrider_21 OP 101572862 : yw
soyabean89 : bull sensei what you view of hydrocarbons for q3? opec still commit to cut production...Iran Israel still like school children with weapons...
houthi and pirate harass global supply route near Suez canal... still positive oil movement?
oil stock hammered hard after Monday...very paper hand now
bullrider_21 OP soyabean89 : Disciple, geopolitical tensions remain. I don't think Israel will do nothing. If they hit back, then Iran may respond. The US is tightening Iranian sanctions. Supplies are tight. I think oil prices will rise generally.
soyabean89 bullrider_21 OP : I also think Benjamin is all out for blood...
guess we are back to Feb 2022... will be a bloody one too for a few weeks
thanks for solitude on the o&g...I still in red for 5wh and indo...hope it goes up to soften my losses
haiz...all my bullet went in during march cpi
bullrider_21 OP soyabean89 : np. Traders probably suppressing oil prices for now, saying no escalation and production not affected.