Oil Price Watch

[kotiko]

Says on the news that there will be no price increase this coming week, naawa daw kasi ang oil companies satin.

[renzo_d10]

May awa pala sila.

[uls]

China trade data below expectations. risk off



let's see if Brent will test $109

previous resistance is now support

[renzo_d10]

hi uls, wb

[uls]

So ULS, you are Smarter than the SHELL CEO too.

Shell CEO sees oil price falling more in 2012

Demand is quite clearly softening, but I wouldn’t say it’s collapsing. Today the market has enough oil, more oil than we need…I see (oil prices) softening in the second-half,” Voser told CNBC on the sidelines of the World Gas Conference in Kuala Lumpur on Tuesday. CNBC, June 5, 2012. a Few Hours ago.

Hey ULS, has it ever occurred to you that people other than yourself can be Right?

These people actually work in the Oil and Financials Industry, while you are just an Armchair analyst.

hi again Shell CEO

so how's that "I see (oil prices) softening in the second-half" doing?



yeah i know it's early

there's Sept, Oct, Nov, Dec pa naman

[uls]

hi uls, wb

hehe

damn flood

________________________________

[Ry_Tower]

And brent just seem to climb. Aabot kaya ng $115?

[uls]

China trade data below expectations. risk off



let's see if Brent will test $109

previous resistance is now support

didnt even test $110

[ans_lim168]

Says on the news that there will be no price increase this coming week, naawa daw kasi ang oil companies satin.

"naawa" is not a part of their vocabulary.

[ZENMasterTYL]

babawi yan, iipunin lang yung di nila tinaas this week

[vinj]

"naawa" is not a part of their vocabulary.

Wow, were forever grateful to them....

so why'd they raise prices last Tuesday when the world was drowning around them?

[Ry_Tower]

Wow, were forever grateful to them....

so why'd they raise prices last Tuesday when the world was drowning around them?

Mahihiapan daw kasi sila bawiin yung nalubog na fuel. Kawawa na naman provinces na pagtatapunan nila.

[Ry_Tower]

Brent can't seem to break $115 so far. Naglalaro pa rin sa $112-113. Meron nga price increase na aasahan sa weekend.

[uls]

well, back in June when brent fell below $90 everybody thought it would keep on falling right?

too much oil in the world right?

[uls]

screw the fundamentals

speculators have increased long positions in oil

[uls]

Brent-WTI spread widens to over $20

Brent is rising faster than WTI

let's compare one month performance of Brent ETF (BNO) and WTI ETF (USO)

[c_cube]

Nagpafull tank na ako kanina. Para lang sigurado baka kasi mag increase nanaman eh

Sent from my GT-P1000 using Tapatalk 2

[Monseratto]

Nagpafull tank na ako kanina. Para lang sigurado baka kasi mag increase nanaman eh

Sent from my GT-P1000 using Tapatalk 2

Malaki laki pa yung tinass itong lingo.

Oil companies raise prices anew
August 14, 2012 7:54am


Barely have Filipinos recovered from last week's heavy rain and floods when oil companies raised Tuesday the prices of their fuel products.

At 6 a.m. Tuesday, at least two companies—Shell and Total—raised prices of regular and unleaded gas, diesel, and kerosene, radio dzBB reported.

The report said Shell and Total both raised prices by:

P1.80 per liter for unleaded and premium gas
P1.50 per liter for diesel
P1.70 per liter for regular gas

Shell also raised prices of kerosene by P1.70 per liter, the dzBB report said.

However, both companies stressed the price hike will be effective in areas not under a state of calamity.

Many oil companies last week had said they would freeze prices in areas under a state of calamity due to the rain and floods, which left more than 90 people dead.

Meanwhile, the Department of Energy said it is deploying teams to inspect retailers of liquefied petroleum gas (LPG) to check on prices and supply.

The DOE teams will also make sure the LPG tanks are complaint with safety standards, the dzBB report added. –KG, GMA News

[vinj]

Malaki laki pa yung tinass itong lingo.

Kaya pala the Shell station in Katipunan Blue Ridge was roped off last night. Naghihintay ng price increase.

[crazy_boy]

Kaya pala the Shell station in Katipunan Blue Ridge was roped off last night. Naghihintay ng price increase.

grabe, they were willing to lose 1 nights business just for the increase.