Victor Yong's comment on DAYANG. All Comments
Victor Yong
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oil price rebounded in USA. no more negative. USD17+ per barrel now. Oil price rebounded fast too. if back to USD30 & above, dayang could be at least above rm1.5
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4 years · edited · translate ·
Ezra Lee
Keyword is “if”
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Chee Fui
that time when oil price fell below 0 is under May Contract.. now $17 is under June Contract already.. if we look at WTI futures, you may need to wait till Feb 2021 for $30/bbl.

Not an expert in investment.. Just share share only.. correct me if im wrong..
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Chee Fui
Unless WTI can find balance between demand and storage.. otherwise $/bbl wont go any further..
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Chee Fui
As reported by NST, petronas is planning to close or warm stacking 14 out of 18 projects.. not sure in any way will affect dayang existing contracts with petronas..
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Kah Weng
interested to know too. but dayang contracts already paid in advance right
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