Oil Price Watch

[falken]

Next stop is 75.00

Hope it doesn't go back to $100/bbl.

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[uls]

Bloomberg's commodity index at 52 week high

Bullishness not only in equities and high yield bonds

Pati commodities

Sabayan mo pa ng excise tax

[falken]

Bloomberg's commodity index at 52 week high

Bullishness not only in equities and high yield bonds

Pati commodities

Sabayan mo pa ng excise tax

Malapit na kailangang mag higpit sinturon.

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[uls]

Sabayan mo pa ng pagtaas ng sahod ng thousands (10s of thousands? Or 100s of thousands? I dunno) of police and military

You got all these people who will suddenly have more spending power

You don't have to be an economist....

Money in circulation will shoot up

Higher inflation is coming dudes

[falken]

Sabayan mo pa ng pagtaas ng sahod ng thousands (10s of thousands? Or 100s of thousands? I dunno) of police and military

You got all these people who will suddenly have more spending power

You don't have to be an economist....

Money in circulation will shoot up

Higher inflation is coming dudes

It's just around the corner.

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[first_light]

Petroleum Excise Tax

TRAIN provided for varied increases per petroleum product. For the increase in LPG, diesel and gasoline, the following were approved:

For diesel fuel, for example, from a zero tax rate, consumers will have to pay P2.50 per liter more starting 2018; for 2019, this will increase anew by P2 per liter; and another P1.50 per liter in 2020, or a total of P6 in three years.

Regular and unleaded premium gasoline are being currently taxed P4.35 per liter. This will increase by P2.65 per liter starting 2018, making the tax P7 per liter. By 2019, another P2 per liter will be added, and P1 again for 2020.

As a safeguard provision, the increase would be suspended if Dubai crude oil exceeds $80 per barrel.

Source: http://www.interaksyon.com/tax-burde...sts-of-living/

[uls]

hitting 70 is one thing

sustaining 70 is another



profit taking opportunity kasi

[uls]

Brent above 70

Last time we saw this level was in 2014

Price divorced from fundamentals

Bullishness in equities has infected commodities

[StockEngine]

autoshows are my favorite 😅

Ford Is Finally Getting Serious About Making Electric Cars

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[uls]

always running into profit taking

[papi smith]

https://i.ebayimg.com/images/g/~~AAA...5QF/s-l300.jpg

[uls]

yep

[uls]

Tataas uli next week

Dahil sa Brent

Di dahil sa TRAIN

maybe another one later this week or next[/QUOTE]

[maxpedition]

Tataas uli next week

Dahil sa Brent

Di dahil sa TRAIN

maybe another one later this week or next

[/QUOTE]
me TRAIN na tataas uli dahil sa brent [emoji26]

[uls]

edit

ignore the last line

wasn't me

dunno how it got there

Tataas uli next week

Dahil sa Brent

Di dahil sa TRAIN

maybe another one later this week or next

[uls]

brent has lost momentum after breaking above 70

can't sustain 70

[Monseratto]

For the 4th straight week since Jan. 1, 2018, may OIL PRICE HIKE na naman next week due to higher import prices!

Narito ang estimate:

Diesel/Kerosene P0.40-P0.50/Litro

Gasoline P0.30-P0.40/Litro

[uls]

if brent stays under $70 this entire week wala na price hike next week

[uls]

brent intraday

the bulls keep testing $70

sooner or later $70 will be sustained

resistance will become support

and onto the next target

[uls]

thanks to the weak dollar

weak dollar = tailwind for commodities