One Last Rally: Oil & Gas Sector Bursa Malaysia

Wadup Peeps! Just a slight follow up from the recent Oil & Gas Sector that seems to be the only moveable sector over the past weeks and this coming weeks before the Hari Raya Holiday. It has been a great ride! February: https://william-au.com/2013/02/28/trend-following-on-the-oilgas-sector-in-bursa-malaysia/ April 2013: https://william-au.com/2013/04/02/hot-sector-to-watch-the-oilgas-sector/ July 2013: https://william-au.com/2013/07/07/malaysia-oil-gas-sector-bull-rally/ A Possible Final Run For These…

Malaysia Oil & Gas Sector Bull Rally

Oil price continues to stay above the $100 region. Oil & Gas Sector in Malaysia will be in good shape to go for the continuous bull rally. Did we keep any of these darlings in our portfolio? Or “the price is too high!” is a major question roaming in our minds? How high is high?…

Trend Following On The Oil&Gas Sector In Bursa Malaysia

Crude oil price stays steady. Crude oil price has steadily recovered from USD70/barrel in 3Q09 and held steady at an average USD80/barrel since 4Q10. As most oil majors consider stabilizing oil prices as crucial when allocating capital expenditure, we believe most are using USD80/barrel as  a  benchmark.  Although  we  think  that oil  supply is likely  to …