Oil Price Watch

[dr. d]

^

3 to 5 pesos rollback?

antipolo & farview here I come byaheng langit

... just because of a three to five peso price rollback?
heh heh.

[uls]

^

3 to 5 pesos rollback?

antipolo & farview here I come byaheng langit

kaya lang kagabi nangyari yan so di agad sa tueday ang effect

[ninjababez]

may update na ba for next week?

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[dr. d]

may update na ba for next week?

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i am also waiting.

[111prez]

Oil price rollback next week

[ninjababez]

Oil price rollback next week

thanks bro

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[dr. d]

shall i fill up tomorrow,
or shall i wait a couple of days?

[jakewise]

what is the reason why crude oil keeps on going up?

[al shaheen]

Pa-full tank na.

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[thearsenal1205]

Tanggalin na dapat choo choo train law...

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[uls]

sa pagka alala ko train law will be suspended if dubai crude stays above $80 for 3 consecutive months

[baludoy]

ukraine - russia conflict mukhang inevitable talaga. damay-damayan na ang taasan ng presyo

[uls]

years of low oil prices --> no investment in new supply

then demand comes back

[ice15]

Things I've learned from the industry.

Oil is cheaper if drilled from land (rigs are very expensive)

Less rigs means better income from traditional oil wells (from land)

If oil is too cheap, traders will keep them floating (in storage) and wait until prices go up

If oil is too expensive, its just a matter of time when oil wells increase their output to maximize profit, thus bringing the price down again.

Oil will not last forever, the higher the price the less people will consume and the longer traditional oil producers will enjoy their oil.

"Winter market" should be around 70% of an oil trader's annual income... if they can't maximize profit during these times, we should start looking at hybrids for our next car purchase.

[XTO]

Nagpa Uno na ko kanina[emoji3514]

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[StockEngine]

The Cartel and Pharma 2022 version.

OPEC barely increased output last month amid chronic struggles | OPEC News | Al Jazeera

OPEC’s 13 members increased production by only 50,000 barrels a day in December as slight gains across the group were wiped out by a 140,000 barrel-a-day decline in Libya, according to the survey. They pumped 28.14 million barrels a day in total. The North African nation was stricken with a blockade of its western fields by militias, forcing the closure of its biggest reservoir, Sharara.

[ice15]

Gas prices are expected to continue to rise in the coming months | Autodeal

[QUEZ]

Frustrations ∝Oil price hike

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[ice15]

IMO... Gov't should partner with Gas Stations to offer tax free fuel to PUVs and Delivery Vehicles (incl trucks)

I understand that the recent price hikes are painful to us private motorists, but we can't keep increasing fare and prices of basic commodities.

[uls]

wala pa naman fare increase

the gov't is sitting on it coz once nagtaas ng pamasahe mag dedemand ng minimum wage increase ang labor

and that will drive inflation which the gov't is trying to keep within a target range