Oil Price Watch

[jut703]

Rollback ba ulit next week sir jut? :D

Will check tomorrow. Haven't touched my work laptop this entire week.


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[dct]

Will check tomorrow. Haven't touched my work laptop this entire week.


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Haha. Enjoy muna tayo :D

[crosswind]

10 sentimos lang per liter ng 60's . 5 petot na ng late 70's.

Sana maging 100 petot per liter para wala ng trapik at malaman kung sino lang ang may "K" magkotse.

Ok yan para solo natin ang kalsada
naalala kop ng nagka crisis nung 2008 lumuwag ang
kalsada

Kung bababa ang presyo
sarap ilabaas ang v8

[jut703]

Ok yan para solo natin ang kalsada
naalala kop ng nagka crisis nung 2008 lumuwag ang
kalsada

Kung bababa ang presyo
sarap ilabaas ang v8

Eh bat di nalang itaas yung presyo dun sa level na di mo afford para mabawasan yung mga elitista sa daan.


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[carwhacko]

Eh bat di nalang itaas yung presyo dun sa level na di mo afford para mabawasan yung mga elitista sa daan.


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Hihi.... 😁

[erick_214]

E di itaas na lang nila sa P200/L fixed...

[chua_riwap]

Tao nga naman.....
Ngayong bagsak na presyo petrolyo, gusto itaas naman.

Para sila lang ang nasa kalsada. Nak ng......

[CVT]

Bumaba ulit a few days before... Enjoy it!!! (And the traffic....)...

[zechs]

Oversupply=very low prices. And the fact na ni-pe-pressure ng middle eastern countries ang russia kaya ganyan. Pero alam nyo naman pag ngayon mababa ang price, mag-spike yan ulit pataas.

[jut703]

Price trend this week is weird - it started out with a huge 75 centavo increase in gasoline and 30 cents on diesel. Then, the next day, an equally large decrease meant that net change will only be a 30 centavo
increase in gasoline and no change in diesel.

That was with Brent crude at 59.90. Now, Brent crude is at 60.30, so trend is slightly higher.

[jut703]

Current trend as of yesterday is +35 gasoline, +5 diesel. They might not implement the +5 cents on diesel since it's too small.

Reasons for the slight increase are the bombed depots in Libya, and perhaps more significantly, the increase in trading due to people short covering their oil positions - people who borrowed oil to sell at a high price, and are now buying oil at a lower price to cover for what they borrowed. But, since a lot of people are doing this, the demand is surging and prices are increasing.

It's not an indication of a change in direction for oil prices just yet, more of a seasonal thing as traders like to close their books by year-end so they can begin 2015 with a clean slate.


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[bryan19]

Christmas is definitely over. Fuel prices will increase this coming week: Diesel: from P0.40 to P0.60, Gasoline: from P0.20 to P0.40.

Narinig ko lng sa radio not sure when is the exact date possible Tuesday 12MN still researching on it .

[jut703]

Most likely mamayang gabi yan. Normal sched for price change is Tuesday 12:01 AM naman. Nagiging Sunday/Monday lang pag malaking rollback.


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[xwangbu]

me anunsiyo na petron for price hike.

[Monseratto]

Market awash in oil...

Oil prices fall more than $1, dropping to five-year lows
BY SAMANTHA SUNNE
NEW YORK Mon Dec 29, 2014 4:27pm EST

(Reuters) - Crude oil prices on tumbled on Monday, with global grades settling down more than $1 a barrel after an early rally fizzled and prices fell to their lowest levels since May 2009.

News of further damage Libya's oil infrastructure prompted the early rally that was quickly erased as pervasive fears of global oversupply trumped concerns about output curtailment from the OPEC producer.

Phil Flynn of Price Futures Group said the rally may have triggered sell stops. Then once the Brent dropped below $54, a previous low, more stops may have been triggered.

"It just shows you that the market is very heavy," Flynn said.
Oil prices this year are on track for the biggest decline since 2008 and the second-biggest annual fall since futures started trading in the 1980s.

OPEC has been reluctant to give up market share to boost tumbling oil prices, with Saudi Arabia stepping back from its historic role as a swing producer.

[macsd]

me anunsiyo na petron for price hike.

Price increase sa gasoline 30 sentimos at walang galaw sa diesel. Next week rollback uli.

[ninjababez]

Price increase sa gasoline 30 sentimos at walang galaw sa diesel. Next week rollback uli.

tumaas nga dun sa pinag papa gas-an ko na seaoil. muntik nako magpa full tank, buti nalang di parin ayos CC terminal nila :D

[jut703]

Just fill up what you need til next week since a rollback for both diesel and gasoline is coming up. It's still early in the week but just so you guys have an idea it's about 45 cents rollback for both products


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[ninjababez]

Just fill up what you need til next week since a rollback for both diesel and gasoline is coming up. It's still early in the week but just so you guys have an idea it's about 45 cents rollback for both products


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may allergic reaction kasi ako everytime the needle goes down below half the fuel gague ;D

[_Cathy_]

may allergic reaction kasi ako everytime the needle goes down below half the fuel gague ;D

Same here. I consider 1/2 as empty. Normally every week nagkakarga ako kahit above 1/2 pa. Tomorrow pa full talk ako para swerte