Thats for next Tuesday pa ata. This Tuesday.. minor adjustment lng ang alam ko.
24 Oras: Oil price rollback - YouTube
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Last edited by StockEngine; November 5th, 2016 at 09:20 PM.
Badtrip! ang laki ng ibinaba ng oil price sa world market pero ang liit ng rollback! This is BS..!
As previously said... its not directly proportional. Dont worry trend is fuel price will drop more.
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Shell fuel price rollback, effective tomorrow at 6 AM:
Gas: ₱-0.65/L
Kero: ₱-1.20/L
Diesel: ₱-1.00/L
Well that's more like it. Expecting more rollbacks next week.
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I wonder why gas prices in the fairview area are generally cheaper than the rest in Metro Manila.
Egypt says Saudis have cut off fuel shipments indefinitely | The Times of Israel
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Last edited by StockEngine; November 8th, 2016 at 02:33 PM. Reason: Weirdest news in a long time. Hmmmm
Opec has raised the white flag...
Their oil outlook indicates major oversupply that they cant control.
Low price til the nov30 meeting...
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It will not go up too much. It went up a little because of the election and the pipeline attack(too many this year)
But it will "probably" go down some more.(fundamentals of over supply)
It will go up(blimp) a few points again once opec announce "lies"(****kery)
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Oh I meant established brands. There are a lot of generics in that stretch with lower prices but the bigger brands refuse to play the price war any more. It's not worth it from a profitability perspective. I mean yes we can kill them if we wanted but we'll end up bruised and broken as well.
Rollback for next week is roughly P1.00/L for gas and P0.70/L for diesel.
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Twitter news
Shell to implement fuel price rollback on Tuesday, 6:00 AM:
Gasoline: -0.65/L
Kerosene: -0.55/L
Diesel: -0.65/L