speculators are net long Brent
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wti 97+
brent 105+
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the market seems to have forgotten about risk in the Middle East (Iran's nuclear ambition, Syria's civil war, growing violence in Iraq)
geopolitical risk premium is very low
Last edited by uls; June 14th, 2013 at 06:48 PM.
for the 6th time na![]()
and the price hike is here again, effective Tuesday 6AM
gas up guys...
DZMM Radyo Patrol 630 - Silveradyo
^Deymn... that means the P 49.80 XCS at my suking Petron will breach the P 50.00 mark again.
Sure na bang tataas bukas ng 6am? Wala pang final announcement sa news eh.
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I have no idea kung ba't mas mura dyan but with the next round of price increases, for sure over P 50 na ang premium. Usually may duda ako sa mga murang station (mas mabilis maubos yung gas ko, mas maraming kelangan ikarga, poor quality, etc.) but in the case of the Petron Fairview i gas up in, walang pagkakaiba sa ibang stations na maayos so far (have not tried their diesel though). There's a Petron station near my place but i rarely gas up there as i noticed my FC with the fuel from there doesn't seem to be too good (i usually get .5 to 1km/L less).
forecast is 6AM Tuesday, this is going to be the 6th price hike, the last five was always on a Tuesday 6AM
risk is on! full tank na! 49.60/L fuelsave dito sa Madrigal alabang shell
Big time oil price hike, asahan ngayong linggo | QRT | GMA News Online
Bro.jresperanza,- ngayong gabi ka ba nagpa full tank?,- grabe and traffic sa Zap-Alab Rd and the ATC area in general.
Full tank kanina ang aming isang sasakyan...
Iyong iba,- hindi ko mapa-full tank.... Umuulan,- mahirap maglinis....
19.6K:injured:
nung monday pa ako nag pa full tank bro CVT, expected ko na kasi ang price hike... and now we're back on the 50++ range on shell fuelsave
till next tuesday...
TIPS to all
Tuesday 6AM = price hike
Saturday 12AM = price roll back
basis for hike/roll back = weekly crude oil price + weekly USD to PHP exchange rate
mahirap kumita ng pera, dapat mag tipid!![]()
Bro.,- when you said Tuesday,- did you mean June 18th or 25th? And so, ang price rollback ay June 22nd or 29th?...
TIA.
19.6K:injured:
based on my observation
study the weekly movement of crude oil prices and the USD to PHP exchange rate...
if one of them goes up... expect a price hike announcement on the news sunday 6PM onwards till monday, because the effective price hike date is Tuesday 6AM
if one of them goes down... expect a price roll back announcement thursday 6PM onwards till friday, because the effective roll back takes effect saturday 12AM
di naman sudden changes ang dalawang values, they both move very slowly... tipid tipid din sa gas pag may time![]()
^ yun nga masakit. Pero kapag nagtuloy-tuloy decline ng crude oil, baka ma-negate naman appraisal ng dollar sa peso. So sana wala ngayong weekend.
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oil is quite resilient
despite the selloff in commodities Brent is still above $100
no matter what you throw at brent
not even an across-all-asset-class selloff
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Last edited by uls; June 21st, 2013 at 01:29 PM.