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  1. Join Date
    Oct 2011
    Posts
    26,781
    #1821
    nagtaas na.... Php52.60/Li

  2. Join Date
    Oct 2011
    Posts
    26,781
    #1822
    OT lang.....

    lumalago ang ating ekonomiya pero bakit humihina ang piso at bumaba ang stock exchange?

  3. Join Date
    Nov 2011
    Posts
    473
    #1823
    Quote Originally Posted by Retz View Post
    OT lang.....

    lumalago ang ating ekonomiya pero bakit humihina ang piso at bumaba ang stock exchange?
    IMHO, china envasion and the stupid election is the culprit... crude oil prices going down nanaman, while peso to USD is going up

  4. Join Date
    Nov 2005
    Posts
    45,927
    #1824
    it's coz foreign funds took profits

    they have to convert their earnings to dollars so strong demand for dollars caused the dollar to strengthen against the peso

  5. Join Date
    Oct 2002
    Posts
    17,338
    #1825
    Quote Originally Posted by uls View Post
    it's coz foreign funds took profits

    they have to convert their earnings to dollars so strong demand for dollars caused the dollar to strengthen against the peso
    That's basically the problem here i think. Our economy is bustling with money that can easily flow out... not because of long term investments (industry, infra, etc.)

  6. Join Date
    Nov 2005
    Posts
    45,927
    #1826
    yep puro hot money

  7. Join Date
    Nov 2005
    Posts
    45,927
    #1827
    brent $100


  8. Join Date
    Nov 2011
    Posts
    473
    #1828
    gas up folks... risk is on

    DZMM Radyo Patrol 630 - Silveradyo

  9. Join Date
    Nov 2005
    Posts
    45,927
    #1829
    brent falls below 100

  10. Join Date
    Feb 2008
    Posts
    9,431
    #1830
    mukhang wala naman price increase since below $100 na. if the gas companies will increase, malaking kalokohan yan

  11. Join Date
    Nov 2005
    Posts
    45,927
    #1831
    average price for the week ang basehan nila

    kung mag increase sila ngayon reaction yan to last week's price

  12. Join Date
    Nov 2010
    Posts
    25,276
    #1832
    Quote Originally Posted by uls View Post
    average price for the week ang basehan nila

    kung mag increase sila ngayon reaction yan to last week's price
    Oo nga, magtataas pa din talaga.

  13. Join Date
    Nov 2005
    Posts
    45,927
    #1833
    speculators are net long brent

    ICE: Money Managers Increase Net Longs In Brent Futures, Options by 10.1% - WSJ.com

    LONDON--Speculators raised their net long positions in Brent crude oil futures and options in the seven days to May 28, according to IntercontinentalExchange Inc.'s (ICE) weekly Commitment of Traders report published Monday.

    Money managers, including hedge funds, held a net long position--or bets that prices will rise--of 161,550 contracts, an increase of 10.1% from 146,679 contracts the previous week. Traders in the category raised their long position by 13,923 contracts, and lowered their short position by 948 contracts.

  14. Join Date
    Nov 2010
    Posts
    25,276
    #1834
    And then.....



    tuloy ang increase.

  15. Join Date
    Nov 2011
    Posts
    473
    #1835
    Quote Originally Posted by Ry_Tower View Post
    And then.....



    tuloy ang increase.
    nakow pataas nanaman, pati peso to USD, humihina ang peso...

    hmmm... may price increase nanaman kaya sa Tuesday???

  16. Join Date
    Aug 2009
    Posts
    1,956
    #1836
    Crude Oil
    Brent US$104.03 ^ US$0.74
    Tapis US$108.60 ^ US$0.45
    WTI US$96.19 ^ US$1.55
    (Prices are of 07-Jun-2013)

  17. Join Date
    Nov 2011
    Posts
    473
    #1837
    WTF another price hike this coming Tuesday 6 AM

    DZMM Radyo Patrol 630 - Silveradyo

  18. Join Date
    Feb 2009
    Posts
    64
    #1838
    Parang 5th straight week na itong nakaambang na pagtaas ahh..

  19. Join Date
    Dec 2005
    Posts
    39,174
    #1839

    Tumataas naman bro, a,- hindi mo ba napapansin?

    19.5K:thatsit:

  20. Join Date
    Oct 2002
    Posts
    17,338
    #1840
    ^Deymn... I'm breaching the 2K per full tank mark again at my suking gasolinahan.

Oil Price Watch