*Official* General Market Chit Chat Thread

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OngHuatHuat

OngHuatHuat

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16:36 據消息透露，沙特與俄羅斯將在G20會議上發佈關於就支持原油市場進行聯合行動的共同聲明，俄羅斯很可能在11月份下一輪石油輸出國組織會議與沙特進行會談。
 
IAmZTX

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Average said:
assuming u would like to transfer...
Click to expand...

Ya the whole point of using such account is for the cheaper commission. At the end of the day, we all prefer to be the rightful owner for the stock right? :s8:
 
Perisher

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Oil price jumps after Russia & Saudi Arabia call for cooperation
https://www.rt.com/business/358273-oil-jumps-russia-saudi-deal/

Moscow and Riyadh are expected to make a joint statement on Monday at the G20 summit in China calling for cooperation to support oil markets, according to Reuters. The report sent global crude prices surging.
November futures for Brent crude rose by almost five percent trading at over $49 per barrel on Monday. US WTI crude surged almost four percent higher to over $46 a barrel.

During the G20 summit, Russia and Saudi Arabia agreed to work together to ensure oil market stability.

Oil market stability is impossible without Saudi-Russian cooperation, Deputy Crown Prince Mohammed bin Salman said after the meeting on Sunday with Russian President Vladimir Putin in Hangzhou, China.

READ MORE: Putin calls for global oil output freeze

“Our countries are the two biggest oil producers, that’s why there can’t be a stable oil policy without the participation of Russia and Saudi Arabia,” said the Prince. The Russian President said it is important for the two countries to “maintain a permanent dialogue.”

One of the sources said Russia would likely participate in OPEC’s November meeting in Vienna to discuss the possibility of an oil output freeze by major producers. OPEC will also hold informal talks in Algeria later this month.

Last week at the Eastern Economic Forum in Vladivostok, President Putin said Russia hadn’t given up on the idea of a global oil production cap despite the failure of freeze talks in April.
 
Perisher

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So Saudi finally buay tahan the oil price... Not even 2 years.
 
foo9883

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I'm new to stocks, can someone briefly explain some of the terms used here? Like CXG, TP, etc.
 
Weaboo

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saudi aramco can list in singapore boh? will be the most explosive IPO ever :(
 
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