and clawing its way to 70
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weak dollar, oil higher
and clawing its way to 70
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weak dollar, oil higher
Last edited by uls; February 2nd, 2018 at 10:25 AM.
Dollar up
Oil down
Mirror image
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It's all about the dollar
Supply and demand are secondary
Last edited by uls; February 3rd, 2018 at 01:03 AM.
Sa ika-6 na sunod na linggo, may OIL PRICE HIKE na naman next week!
Eto estimates:
Gasolina P0.50-P0.70/litro
Diesel P0.30-P0.40/litro
Kerosene P0.50-P0.60/litro
Where can i get advanced notice in price movements other than the resourceful people here at tsikot?
I follow PetrolpricePH and the big 3 on Twitter but it's either a day before or on the day itself when they post anything. The weekend is the only chance I have to fill up before any price increase takes effect.
I barely turn on my TV at home so I'd probably miss any weekend news reports.
just filled up yesterday at 35.60 pesos per liter (45 liters of diesel)... so far this is the highest price i got at my suking centrum gas station. others in the area ranges from 38-40 pesos/li of diesel!
how long do car owners will keep their cars on the road? not yet seen here in my locality. what do you think the price level would be to have an impact to other car owners?
Last edited by Gumusut_Amige; February 5th, 2018 at 09:54 AM.
Brent drops to USD 67...
Oil Slides as Stock Markets Crumble, Shale Drilling Accelerates - Bloomberg
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^ finally, some good news this week
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Brent drops below USD 65 from higher US oil output...
But won't have much effect on local prices next week.
Oil prices fell to their lowest in seven weeks on Thursday amid fears of rising global supplies after Iran announced plans to increase production and U.S. crude output hit record highs.
Brent futures fell 70 cents, or 1.1 percent, to settle at $64.81 a barrel, their lowest close since Dec. 20.
Oil hits seven-week low on expectations of higher U.S., Iran output - The Globe and Mail
media is still attributing crude oil price movement to supply and demand fundamentals
it's the dollar
it's all about the dollar
mirror image
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