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  1. Monseratto's Avatar
    Monseratto
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    December 18th, 2018 01:27 PM #5461
    Quote Originally Posted by uls View Post
    investor sentiment now driving oil prices

    world economy slowing = weak demand

    Oil prices fall as oversupply, economic growth weigh



    sabi ko nga don't look at the supply side only

    look at the demand side

    Oil Closes Below $50 for First Time in a Year as Glut Fears Grow

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  2. uls's Avatar
    uls
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    December 18th, 2018 01:36 PM #5462
    where are those people who said oil prices go up pag winter?

    tataas daw oil prices in Q4?

    from another thread:



    Last edited by uls; December 18th, 2018 at 01:40 PM.
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  3. kagalingan
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    December 18th, 2018 06:27 PM #5463
    napatingin tuloy ako sa chart. Bagsak ng 57.70 something ah.
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  4. Monseratto's Avatar
    Monseratto
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    December 18th, 2018 06:35 PM #5464
    After the OPEC cut and US annoncement of some oil rig closure....

    US $ 57.74.... Great 2018 Oil Meltdown

    Last edited by Monseratto; December 18th, 2018 at 06:38 PM.
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  5. uls's Avatar
    uls
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    December 18th, 2018 06:45 PM #5465
    and if you think Brent is low look at WTI -- P48.55

    and WTI Midland is $8.50 lower than WTI

    that's pricing for shale oil from the Permian basin

    US shale oil is now under pressure

    if oil prices remain like this (or go lower) we'll see drilling activity fall
    Last edited by uls; December 18th, 2018 at 06:54 PM.
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  6. uls's Avatar
    uls
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    December 18th, 2018 06:47 PM #5466
    reposting this:

    Last edited by uls; December 18th, 2018 at 06:56 PM.
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  7. uls's Avatar
    uls
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    December 18th, 2018 07:20 PM #5467
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  8. Leo_Arz's Avatar
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    December 18th, 2018 11:25 PM #5468
    Yung shell sa me pulang lupa 34/li ang diesel Tapos me smac pa less 2 pesos. Tama ba yun??


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  9. montro
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    December 19th, 2018 12:39 AM #5469
    Quote Originally Posted by Leo_Arz View Post
    Yung shell sa me pulang lupa 34/li ang diesel Tapos me smac pa less 2 pesos. Tama ba yun??


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    AFAIK points lang nakukuha sa smac. Please correct me if wrong.

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  10. Leo_Arz's Avatar
    Leo_Arz
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    December 19th, 2018 01:38 AM #5470
    Quote Originally Posted by montro View Post
    AFAIK points lang nakukuha sa smac. Please correct me if wrong.

    Sent from my iPhone Xs Max using Tapatalk
    Aside sa points me discount sila ginaya nila yung snr - unioil, petron- puregold, landers- caltex sa warehaus nila....
    P2/li diesel at P3/li gasoline discount


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  11. montro
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    December 19th, 2018 01:49 AM #5471
    Quote Originally Posted by Leo_Arz View Post
    Aside sa points me discount sila ginaya nila yung snr - unioil, petron- puregold, landers- caltex sa warehaus nila....
    P2/li diesel at P3/li gasoline discount


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    Thanks.
    Petron saka unioil lang ako madalas mag bunker.hehe layo shell sa amin.

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  12. kagalingan
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    December 19th, 2018 02:41 AM #5472
    Ngayon hovering at 57.40 - 57.44

    Bumagsak pa pala kanina 57.20
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  13. Monseratto's Avatar
    Monseratto
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    December 19th, 2018 07:16 AM #5473
    Brent has dipped below Us$ 56...

    Huuge price rollback on christmas tuesday coming up...[emoji1]

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    Last edited by Monseratto; December 19th, 2018 at 07:19 AM.
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  14. kaidemitsui
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    December 19th, 2018 08:25 AM #5474
    Quote Originally Posted by Leo_Arz View Post
    Aside sa points me discount sila ginaya nila yung snr - unioil, petron- puregold, landers- caltex sa warehaus nila....
    P2/li diesel at P3/li gasoline discount


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    On selected shell branches only. Bad trip nga. Wala dun sa malapit smen.

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  15. uls's Avatar
    uls
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    December 19th, 2018 06:29 PM #5475
    WTI is below $47 right now

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  16. Monseratto's Avatar
    Monseratto
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    December 20th, 2018 08:03 PM #5476
    Brent is below 55...

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    uls
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    December 20th, 2018 09:04 PM #5477
    Quote Originally Posted by Monseratto View Post
    Brent is below 55...

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    this is now about demand

    Global growth slowdown ---> weaker demand

    Everybody was focused on the supply side

    I said look at the demand side
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    December 21st, 2018 07:34 AM #5478
    Fear has taken over...

    Brent lost nearly US$ 8 this week so far...

    Dow sinks below 23,; Nasdaq flirts with a bear market; Oil in free fall - CNN

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  19. kagalingan
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    December 21st, 2018 11:40 AM #5479
    day low 54.28

    So sa tancha nyo magkano irorollback?
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  20. br733
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    December 21st, 2018 06:34 PM #5480
    1.00 to 1.10 for both diesel and gasoline
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