The same counter that someone projected to RM 30-50 but it crashed to RM2+ n later recovered to 6-7 but then stabilised at 3-4 b4 moving up again . Same old counter but this time the PE is no more 2 but 20+ n should b no much excitement. I m wondering how this co has not been paying dividend except lip services n only crazy punters crazed on this particular counter ?

突发！沙特石油重镇再遭无人机空袭，传出巨大爆炸声！沙特：将采取一切必要反制措施！国际油价继续狂飙，未来怎么走？

全球又不平静！

昨夜，世界最大石油公司沙特阿美遭遇也门胡塞武装无人机吸机，庆幸的是，两起袭击都没有造成任何伤亡或财产损失。

宰赫兰市传出巨大爆炸声

当地时间3月7日晚，位于沙特东部的宰赫兰市上空传出巨大爆炸声。宰赫兰市是沙特石油重镇，同时也是世界最大石油公司——沙特阿美石油公司的总部所在地。多名身处该市不同位置的社交媒体用户均表示听到疑似导弹被拦截的声响。

也门胡塞武装几乎与此同时发布声明表示，该武装向沙特首都利雅得、东部和南部的多个地区发射了8枚弹道导弹并放飞14架无人机，用以对沙特境内的石油和军事设施发动袭击。

沙特国防部：将采取一切必要反制措施

沙特国防部7日晚发布声明，谴责针对沙特宰赫兰市拉斯坦努拉港口和沙特阿美石油公司附属设施的无人机和导弹袭击，强调将采取一切必要反制措施。声明中表示，袭击拉斯坦努尔港口的无人机在到达目标前被击落，而针对沙特阿美石油公司附属设施的弹道导弹同样被成功拦截，部分残骸掉落在居民区附近，但没有造成人员伤亡。

声明强调称，沙特国防部将采取一切必要反制措施维护全球能源安全，确保能源供应和原油出口的稳定，同时保障波斯湾海上贸易航道的安全。

“Three Commodities Set To Boom As The Global Economy Recovers”
1.Oil 2.Copper 3.Lithium

#1. Oil
After a historic slump, oil has also been on a tear, up 110% in a year. In a sharp turnaround from last year, the energy sector has emerged as one of the best-performing. Brent crude has been flirting with $70 per barrel, a level it last touched nearly two years ago.

The oil rally this year has been spurred by encouraging production discipline including OPEC+ recently extending most output cuts to April and Saudi Arabia agreeing to voluntarily extend its output cut of 1 million barrels per day output cuts as well as the ongoing Covid-19 vaccine rollout that gives hope that a full reopening might not be far off. You can expect to see oil demand considerably in the coming months as more people begin to travel, especially with the EU now launching a “Digital Green Certificate” will facilitate safe and free movement within the bloc for people who have been vaccinated.

Although the rally has lately taken a breather due to concerns that demand continues to be patchy, consumption is roaring back in notable regions including the U.S. A stronger dollar has also been curbing crude’s gains.

The hiatus might, however, be temporary with eyes glued on U.S. inventory data when it comes out on Wednesday, which could show the first drop in crude stockpiles since mid-February. The Fed is also expected to release a policy statement later on the same day as attention on the pace of global inflation grows. Fed Chair Jerome Powell has promised to maintain aggressive support of the U.S. economy, the central bank’s quarterly economic forecasts will show how many of his colleagues share his commitment. The Federal Open Market Committee (FOMC) is widely expected to hold interest rates near zero at the conclusion of its two-day policy meeting on Wednesday, and keep buying bonds at the current $120 billion monthly pace.

So the current outlook is largely bullish for oil. 

Which is just as well: Danielle Shay, director of options at Simpler Trading, has told CNBC that not only can oil perform even better in a reopening economy but can also be really good hedges against inflation.

Related: Biden’s Energy Agenda To Reduce Oil Production And Boost Prices

Indeed, with oil prices having surpassed even the most bullish projections on Wall Street, some punters are now imagining the seemingly impossible. Bank of America says oil prices could spike over $100/barrel in the coming years.

https://oilprice.com/Energy/Energy-General/Three-Commodities-Set-To-Boom-As-The-Global-Economy-Recovers.html