it's the global economy
it's weak
supposedly going down but...
More than 5 missing after oil pipeline explosion in Nigeria | World news | The Guardian
alvin elchico
*alvinelchico
Just In!!
SHELL will implement the following price adjustments at 6AM, Tuesday, March 5, 2019:
GASOLINE P0.10/liter ⬆️
DIESEL P0.10/liter ⬇️
KEROSENE. P0.35/liter ⬇️
May price increase ba this coming week?
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Brent is up US$ 2 from the opening price for this week. Now doing 67.68 If no big changes happen tomorrow, expect a hike next week...
akyat presyo sa susunod na linggo ayon kay alvin elchico
GASOLINA P1.50-P1.60/L⬆️
DIESEL P0.25-P0.35/L⬆️
KEROSENE P0.40-P0.50/L⬆️
Seems like demand is going down due to the less heating needed by the westerners.
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Point is there are other factors moving oil prices
More important factors like Saudi/OPEC policy and geopolitics
Brent jumps past 71 at the opening because of Tripoli... Tight oil supply just got tighter.