Blaze again!!
Sent from my SM-G935F using Tapatalk
It seems like there is no hope for 50$/barrel now. Barely above 40$ for the time being..
Opec members will have a difficulty of beating shale. With 2$ production cost per barrel in fracking... shale is now competitive with oil from saudirabia.
Saudirabia was stupid in charging much higher in asia back in june. So stupid they lost market share, now theyre giving extra discount for asian customers.
Anyways consumers are somewhat lucky, lower prices next tuesday...
Thanks opec for flooding the market...
With the current crude prices, gasoline should be priced nearer the Php30.XX mark. Bakit ganun? Parang ang daya ng pricing.
Gasoline prices aren't 100% aligned with crude prices. The cost of refined diesel/gasoline usually lags a little bit compared to crude, especially for gasoline since it's more expensive to refine.
Refined gas/diesel prices aren't available to all. That's actually the basis for the weekly trends, not just the crude oil prices.
Sent from my SM-N910C using Tapatalk
Shell ROLLBACK
₱0.10/L VPN+ Racing97, VPN+95, FuelSave91;
₱0.75/L VPN+ Diesel, FS Diesel;
₱0.85/L Kerosene;
eff 06:00AM Aug 9, 2016
Sent from my iPhone using Tapatalk
Mukhang malaki increase next week.
Sharing this. Baka meron dito member din ng Landers.
Sent from my iPhone using Tapatalk
Shell INCREASE
₱0.55/L VPN+ Racing97, VPN+95, FuelSave91;
₱0.70/L VPN+ Diesel, FS Diesel;
₱0.65/L Kerosene;
eff 06:00AM Aug 16, 2016
Sent from my iPhone using Tapatalk
MOPS movement as of Aug16: +1.14 on Gasoline and +1.19 on Diesel
Sent from my SM-J500G using Tsikot Forums mobile app