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August 16th, 2020 07:12 PM #6631
With the engines of economies grind of economic growth grind to a halt...
Oil Companies Wonder If It’s Worth Looking for Oil Anymore
As the coronavirus ravages economies and cripples demand, European oil majors have made some uncomfortable admissions in recent months: oil and gas worth billions of dollars might never be pumped out of the ground.
With the crisis also hastening a global shift to cleaner energy, fossil fuels will likely be cheaper than expected in the coming decades, while emitting the carbon they contain will get more expensive. These two simple assumptions mean that tapping some fields no longer makes economic sense. BP Plc said on Aug. 4 that it would no longer do any exploration in new countries.
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August 16th, 2020 09:37 PM #6632
Oil hike next week: Diesel, gasoline prices seen to go up next week —Unioil
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Pump prices of fuel products may be up for another round of price hikes in the coming week, Unioil Petroleum Philippines said Saturday.
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In its fuel forecast for August 18 to 24 trading week, Unioil said the price per liter may go up by P0.10.
Gasoline prices, likewise, were expected to increase between P0.60 and P0.70 per liter.
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September 8th, 2020 08:07 PM #6633
Why oil prices falling
slowdown in China buying
futures market finally catching up to what physical oil traders noticed for some weeks
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September 20th, 2020 11:11 AM #6634
Oil price hike next week: https://www.philstar.com/headlines/2...ices-rise-week
"xxx In a fuel forecast for Sept. 22 to 28, Unioil Petroleum Philippines said the price of diesel is seen to increase by P0.10 per liter,while the price of gasoline is expected to rise by P0.50 to P0.60 per liter. xxx"
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October 3rd, 2020 10:06 PM #6636
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October 3rd, 2020 10:18 PM #6637
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October 24th, 2020 09:17 PM #6640
^ geo yatta of bulacan, ang nagcause ng traffic sa NLEX eh hinid minimum wage earners. Mga...
Traffic!