Oil Price Watch

[CVT]

According to CNN, US daw ang pasimuno sa oil price slump para maparalize ang operations ng ISIS. Oil ang pinagkukunan nila ng major funds. I think may sense ang CNN report base sa graph na ang US ang isa sa may pakinabang sa low oil prices. kung tutuusin talagang bandido si uncle sam sa buong mundo pero kung sambahin ng Pinas si uncle sam halos halikan na ang kanilang pwet!!!

And,- RUSSIA too, bro...

Despite PH is still seen as one of the biggest gainers, did they also include in the data the repercussion when mass lay-off of OFW's starts happening?
The fact PH is #1 manpower exporter country in the world unlike other countries above mentioned.



As of Monday our gov't officials were still in denial that there are no employment crisis in the Middle East-based migrant workers.
According to honorable Labor Secretary Rosalinda Baldoz says...

"Despite these retrenchments across the globe, Philippine labor officials said the crisis scenario involving massive job losses in the Middle East was far from happening.

Baldoz pointed to the latest data from the DOLE�s field offices in the Middle East showing that job losses for the January reporting period had so far been either negligible or altogether nonexistent.

In the eastern Saudi region (where the bulk of its oil industry is based), labor officials reported a 1.1-percent decrease in job orders or employment contracts processed between December 2015 and January 2016.

�However, these cannot be directly attributed to the oil price decline, but possibly due to the �Saudization� [policy] and fiscal constraints of companies,� Baldoz said. �Aramco (Saudi�s state-owned oil company) has no reported problem, but there are reports of its contractors having put projects on hold.�

In Riyadh, Baldoz said officials monitored no drop in job offers and demand. In fact, the DOLE�s record of job orders over the last three years have shown a continued increase, she added."

Hmm sige lang pa relak-relak pa kayo mga kagalang kagang public servant officials
Pls read more here.
Gov’t girds for OFW crisis | Inquirer Global Nation

Thanks for sharing bro.

I agree that our government officials are still sitting pretty on the issue.

That should not be the case as they should always be proactive on things for our dear OFWs.... That's what we're paying them for with our taxes....


"The measure of a man is what he does with power" LJIOHF!

28.8K _/_/_/_/_/:date:_/_/_/_/_/

[XTO]

Traffic na naman!


Sent from my iPhone using Tapatalk

La na pag-asa yan, maganda nga alisin na number coding.

[Syuryuken]

Traffic na naman!


Sent from my iPhone using Tapatalk

wala naman traffic dito

[CVT]

wala naman traffic dito

L!nt3k, e nasa paraiso ka naman bro.syur e....

Kami rito sa Metro,- nasa !mp!yerno...

Ipadala namin kaya si OB at not-OB riyan... :hysterical:



"The measure of a man is what he does with power" LJIOHF!

28.8K _/_/_/_/_/:date:_/_/_/_/_/

[Monseratto]

Shell rollback for tomorrow:

Gas: 1.30-1.40
Diesel: .70
Kerosene: .90

[Leo_Arz]

^ gas 1.40 rollback

[ka_omeng]

May price increase po ba this week? Or rollback?

[Chrisgel]

Advisory from Petron:
Rollback feb 16 12:01am
Gas: 1.40/li
Diesel: 0.70/li
Kerosine: 0.70/li

[jodski]

Saudi Arabia, Russia to Freeze Oil Output Near Record Levels - Bloomberg Business

Ayan... nag tag team na...

Sent via Tapatalk

[Erick Chavez]

33.10 pesos na lang ang silver sa caltex ortigas avenue ext.

[StockEngine]

Saudi Arabia, Russia to Freeze Oil Output Near Record Levels - Bloomberg Business

Ayan... nag tag team na...

Sent via Tapatalk

I wonder what Iran will do with this...hope they can double their output. The big two will lose market share.

[niky]

I wonder what Iran will do with this...hope they can double their output. The big two will lose market share.

As the commentators say: not really big news... yet. They're already pumping much more oil than the market can absorb... to declare a freeze without cuts changes nothing. Oil prices are going to keep dropping until the big boys cut production.

Everybody will start breathing again when they all agree to production cuts.

[StockEngine]

As the commentators say: not really big news... yet. They're already pumping much more oil than the market can absorb... to declare a freeze without cuts changes nothing. Oil prices are going to keep dropping until the big boys cut production.

Everybody will start breathing again when they all agree to production cuts.

as expected.. Iran could decide fate of first global oil deal for 15 years - Israel News, Ynetnews

Iran is the driver now.. este captain...

Iran doesn't feel the oil-cost-pinch yet..

[niky]

as expected.. Iran could decide fate of first global oil deal for 15 years - Israel News, Ynetnews

Iran is the driver now.. este captain...

Iran doesn't feel the oil-cost-pinch yet..

Iran isn't as reliant on oil revenue as the other two... so it's got a better haggling position.

This is the ONE player Saudi Arabia cannot force to blink.

Very interesting. :D Very interesting indeed.

[baludoy]

Hmmm....russia and saudi arabia are in opposite sides in the syrian civil war. I wonder how that opposing stance of theirs will factor-in in their oil production talks

[StockEngine]

Hmmm....russia and saudi arabia are in opposite sides in the syrian civil war. I wonder how that opposing stance of theirs will factor-in in their oil production talks

Money is the root of all evil (sau and rus)

Of course they want the $$$ and €€€ ¥¥¥

[Mask Rider Blac]

Money is the root of all evil (sau and rus)

Of course they want the $$$ and €€€ ¥¥¥

The love for money is the root of all evil.

Money itself is not evil.

[bayen]

As of yesterday, 19.00 flat per liter of diesel, total clark branch. Not bad.

[Syuryuken]

wala bang rollback ngayong susunod na linggo?

[jut703]

wala bang rollback ngayong susunod na linggo?

Increase next week boss. +1.10 gasolina, +1.30 diesel.


Sent from my iPhone using Tapatalk