^ sabi kagabi hindi magtataas sa mga affected ng baha gaya dito sa NCR
kasama ba Petron sa nagtaas ... dati nagpapahuli sila
54.00 pa LNG kulang pa raise gasoline to P60 level and diesel to P50. Ang traffic traffic bad trip!
let's revisit the correlation between the price of brent crude and US 10 yr treasury yield (strong demand yield down, weak demand yield up)
US 10 yr yield
Brent crude
is that clear?
oil is a risk asset
when there's strong risk appetite oil is bid up and safe haven US treasury bonds are sold off
screw supply and demand. everybody knows global oil demand is weak and there's a lot of supply
but the market can totally ignore it
Last edited by uls; August 17th, 2012 at 12:15 AM.
and if there's still any doubt that events in Greece drove down the price of oil a few months ago...
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^^^ Hukay ka na lang diyan bro sa lugar ninyo,- baka makatiyempo ka...
16.7K:sampay::weathermanf2:
bawi daw nila sa di pagtaas nung may bagyo (past two weeks). 1.80+1.40
Exclusive: White House studying potential oil reserve release | Reuters
Brent slides to $114 as US eyes potential oil release | Forex Root(Reuters) - The White House is "dusting off old plans" for a potential release of oil reserves to dampen prices and prevent high energy costs from undermining sanctions against Iran, a source with knowledge of the situation said on Thursday.
Brent crude oil fell to around $114 after the US said it was considering the release of oil reserves to dampen prices while the Israeli president spoke out against any lone Israeli attack on Iran.
News the White House was “dusting off old plans” for a potential release of strategic oil stocks helped knock more than $1 per barrel of Brent, which hit a three-month high on Thursday.
Tataas nga, almost $117 na eh.
Pero kakataas lang ng P1.50, tapos P3 pa pala. hehe, ayos talaga yung diskarte.
brent spot 116.96
brent oct 2012 futures 113.71
brent nov 2012 futures 112.98
brent dec 2012 futures 112.53