Oil Price Watch

[CVT]

So bros, will pump prices be higher or lower next week? TIA. 😋

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[uls]

US shale oil and Canadian oil sands need WTI consistently above $50 to pay off




Meron limit ang patience ng investors

Sige drill pa more

Para consistently under $50 ang WTI

[Leo_Arz]

ROLLBACK next week!
Estimates:
DIESEL/GASOLINE P0.50-P0.60/L
KEROSENE P0.80-P0.85/L


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[CVT]

ROLLBACK next week!
Estimates:
DIESEL/GASOLINE P0.50-P0.60/L
KEROSENE P0.80-P0.85/L


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Thanks for that bro.

Going on a long drive this Tuesday.

But I guess I have enough diesel fuel to see me through.

[Monseratto]

Fuel price change
of SHELL effective Tues 0600H, 10 Oct 2017:

Gas: -0.50/L
Kero: -0.85/L
Diesel: -0.40/L

[uls]

how's brent

back above 57

[c_cube]

Ano balita next week?

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[Monseratto]

Ano balita next week?

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Estimated Fuel Price Adjustments Next Week:
GASOLINE + 10-20c/L
DIESEL no price movement
KEROSENE +10-20c/L

[uls]

brent higher this morning

[Monseratto]

SHELL OIL PRICE MOVEMENT effective 6am, Oct. 17, 2017.

Gasoline +P0.20
Kero -P0.15
Diesel No Change

[Monseratto]

brent higher this morning

Iraqi forces launch operation for Kurdish-held oil fields, military base - The Washington Post

[uls]

Brent above 58

[BlancNoir]

Also, pa winter na ulit sa northern hemisphere.

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[uls]

no more talk of glut

it's now all about rebalancing

AND DEMAND

LONDON, Nov 2 (Reuters) - Global oil consumption is growing rapidly, helping account for the decline in reported inventories, the recent surge in prices and the shift in futures markets from contango to backwardation.

Consumption is much harder to measure than production, which is why the demand side of the market receives less attention.

Even in the advanced economies, consumption data is only available with a delay of two months or more, and reliable data from emerging economies often not at all.

Global demand assessments are therefore often educated guesswork, as analysts try to calculate how much oil has been used and how much is in storage.

But strong consumption growth has been at least as important as the restraint of production by OPEC and non-OPEC oil exporters in helping rebalance the oil market.

[uls]

brent ends the week above 62

keep an eye on wti

it broke above a key resistance level

[Monseratto]

brent ends the week above 62

keep an eye on wti

it broke above a key resistance level

Holiday road trips are gonna cost more... hehehe.

[CVT]

brent ends the week above 62

keep an eye on wti

it broke above a key resistance level

Thanks bro.

Pakarga na ako pag uwi...

"Fill her up"😍

[uls]

Thanks bro.

Pakarga na ako pag uwi...

"Fill her up"��

Sir pls wait for actual announcement of pump price hike or rollback

crude oil prices and prices at the pump do not necessarily correlate

[uls]

did i say keep an eye on wti?



--

while there's hesitation in brent

traders afraid Russia might not join OPEC's output cut

[kinyo]

Makabawas trapik sana ang price hike.