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Open Up The Market!! – Government Should Not Be Held Hostage By Greedy Petrol Station Operators

Finally, the much overdue price reduction of fuel is here. While Americans enjoyed gasoline as low as US$1.49 a gallon or RM1.63 a litre, Malaysians had to pay RM2.20 a litre for RON95. Effective 12.01am Saturday (Jan 5), RON95 and RON97 will see a reduction of 27 sen from RM2.20 per litre to RM1.93 per […]

... written on Jan 05 2019

BOOM!! – This Station Sells Gasoline At US$1.49 A Gallon, Or RM1.63 A Litre Now

There were 21 states at the end of November which had joined the US$1.99 club – where at least 1 station sells fuel at less than two bucks a gallon. Today, the number of states have jumped to 31. In essence, American drivers in these 31 states pay US$1.99 or less for a gallon or […]

... written on Dec 23 2018

Get Ready For $40 Oil – Crude Drops Like A Rock, Here’s Why America Holds The Key To Oil Prices

International benchmark Brent crude oil broke the US$60 support level to about US$55. The American WTI, meanwhile, plunged below the US$52 psychological level to US$46 a barrel. If the U.S. crude futures contract continues to drop, we may see the oil breach the US$40 before the year end. In essence, the global oil prices are […]

... written on Dec 20 2018

2019 Recession May Have Started – December Stock Market Will Be The Worst Since 1931 Great Depression

How will the economy be in 2019? Most analysts, economists, bankers and even speculators have the following forecasts – slowdown, bearish, uncertainty and even recession. Even if the world could avoid a recession next year, it will eventually come the subsequent year in 2020. Those who believe in the 10-year cycle, however, think the 2019 […]

... written on Dec 18 2018

A Chinese $2 Billion Investment Is Ready To Take Over An Israel Port – And The U.S. Is Unhappy

Three years ago, China and Israel reached a milestone in infrastructure cooperation. A deal was signed to allow a Chinese company to run Israel’s largest port city – Haifa – for 25 years starting from 2021. The Shanghai International Port (Group) Co Ltd (SIPG) won the bid to build the new port which will be […]

... written on Dec 18 2018

President Trump’s Trade War Strategy Against China Isn’t Working – It Gets Worse!!

Donald Trump is perhaps the best U.S. president Americans have ever voted for who wanted to “Make America Great Again”. One of his projects is to fix the U.S. trade deficit with China. Americans have every reason to be angry with the Chinese. They have stolen U.S. technology and secrets, even robbed millions of American […]

... written on Dec 15 2018

Qatar Quits OPEC After Close To 60 Years – Here’s Why The Decision Makes Perfect Sense

Qatar’s Energy Minister Saad al-Kaabi dropped a bombshell on Monday (Dec 3) – Doha would leave OPEC on January 1, 2019. Clearly, it was a big news, considering that the small kingdom has been an official OPEC member since 1961. The timing of the announcement was suspicious – just days before OPEC and its allies are scheduled […]

... written on Dec 04 2018

A 90-Day Trade War Ceasefire – Who Blinks First, President Trump Or President Xi?

Dow Jones Industrial Average (DJIA) futures skyrocketed 463 points after the world’s two biggest economies – United States and China – agreed to a ceasefire on their bilateral trade war at the G-20 summit in Argentina. Stocks in Asia, as do commodities like oil and copper, also jumped higher on hopes a possible new China-U.S. […]

... written on Dec 03 2018

Forget European Leaders – Saudi Crown Prince Received Warm Support From China & High-Five From Russia

The U.S. Senate took a dramatic step on Thursday, moving to block U.S. involvement in the Saudi war in Yemen and sending a powerful message to Riyadh – the US-Saudi relationship is on the rocks. For Crown Prince Mohammed bin Salman, life goes on as usual as he can’t bring the dead back to life, […]

... written on Dec 02 2018

BOOM!! – Gasoline At US$1.64 A Gallon, Or RM1.80 A Litre Now

What do these 21 states – Texas, Alabama, Arizona, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Michigan, Mississippi, Missouri, Nebraska, New Mexico, New York, Ohio, Oklahoma, South Carolina, Tennessee and Virginia – have in common? They have joined the US$1.99 club – where at least 1 station sells fuel at less than two bucks a […]

... written on Nov 30 2018









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