The cartel is kinda happy..
Oil jumps 5% as Caspian pipeline disruption adds to supply fears | Reuters
The cartel is kinda happy..
Oil jumps 5% as Caspian pipeline disruption adds to supply fears | Reuters
from the start of the year up to end of Feb oil price ascent was pretty steady
then it became too volatile in march
imagine the margin calls traders are getting
lately mas malaki ang price hike sa diesel kasi mababa ang inventories ng middle distillates
in other words meron diesel shortage
sa ibang bansa nangyayari na ito:
pasalamat tayo di pa nangyayari dito
di bale mahal basta may mabili
Going back up next week ...
https://www.autoindustriya.com/auto-...next-week.html
Global Diesel Shortage To Push Oil Prices Much Higher
Global Diesel Shortage To Push Oil Prices Much Higher | ZeroHedge
lahat ng unfairness sa gaso napupunta sa desel. Kaya kung patuloy na dinadaya gaso eh patuloy din taas desel careof the universe.
the pricing of gasoline versus diesel, is decided upon by authorities.
if the authority says diesel is supposed to be cheaper than gasoline, it is.
if authority says gasoline should be cheaper than diesel, so it shall be, also.
i am assuming authority sees way above our visual level, into a more complete picture,
hence their decision.
^^^
even if our gov't makes diesel cheaper than gasoline, if international price of diesel is too high the gov't may not be able to artificially keep it down
we'll find out tomorrow pag nag adjust na ng presyo mga gas station
Last edited by uls; March 28th, 2022 at 11:11 AM.