Oil Price Watch

**jut703** · September 11th, 2016 10:51 PM

Originally Posted by erick_214

Di ba may PRIZE FREEZE..? Hindi ba kasama ang fuel sa prize freeze?

Nope. Oil prices still change regularly every Tuesday. ☺

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**sp00nman** · September 16th, 2016 02:33 PM

Originally Posted by jut703

Nope. Oil prices still change regularly every Tuesday. ☺

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Me rollback po ba next week sir Jut? TIA

**GTi** · September 12th, 2016 10:23 PM

Magmamahal nanaman?!

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**CVT** · September 12th, 2016 10:30 PM

Originally Posted by GTi

Magmamahal nanaman?!

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Looks like it bro.

At mukhang makakatipid ako ng P25...

**b_9904** · September 16th, 2016 10:59 PM

Salamat

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**Leo_Arz** · September 19th, 2016 03:27 PM

Shell INCREASE
₱0.30/L VPN+ Racing97, VPN+95, FuelSave91;
ROLLBACK
₱0.10/L VPN+ Diesel, FS Diesel;
eff 06:00AM Sept 20, 2016

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**sp00nman** · September 23rd, 2016 12:57 PM

mukang price hike na naman next week?!

**StockEngine** · September 24th, 2016 05:04 PM

Meeting in Algeria will certainly result to no agreement. With this oil price will be somewhat low.

Low fuel price for consumers.

More jobs affected in the oil & gas industry.

**Leo_Arz** · September 26th, 2016 06:53 PM

Shell INCREASE
₱0.25/L VPN+ Racing97, VPN+95, FuelSave91;
₱0.25/L VPN+ Diesel, FS Diesel;
₱0.30/L Kerosene;
eff 06:00AM Sept 27,2016

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**CVT** · September 27th, 2016 01:11 PM

Originally Posted by Leo_Arz

Shell INCREASE
₱0.25/L VPN+ Racing97, VPN+95, FuelSave91;
₱0.25/L VPN+ Diesel, FS Diesel;
₱0.30/L Kerosene;
eff 06:00AM Sept 27,2016

Sent from my iPhone using Tapatalk

Yup,- Slippery upwards...

Sticky downwards....

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"The measure of a man is what he does with power" LJIOHF!

30.7K _/_/_/_/_/

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**Wh1stl3r2** · September 27th, 2016 01:52 PM

*Stock
They've been working on a coordinated production cut for a long time. Iran won't cut production. They need all the revenue they can get. They most likely will produce more in the short term. Cuts will only work if everybody does it at the same time.

Time for news channels to change their spiel re: fuel hikes. From the hikes being due to price increases in the world market to the peso-dollar rate instead.

**StockEngine** · September 27th, 2016 02:59 PM

Originally Posted by Wh1stl3r2

*Stock
They've been working on a coordinated production cut for a long time. Iran won't cut production. They need all the revenue they can get. They most likely will produce more in the short term. Cuts will only work if everybody does it at the same time.

Time for news channels to change their spiel re: fuel hikes. From the hikes being due to price increases in the world market to the peso-dollar rate instead.

Bro they were divided earlier. Kasi they were worried of the market share.

Now theyre on their knees. SA offered cuts so others will follow. Russia also offered if the opec members agree on cuts.

Usa shale producers are just laughing. If they do agree on cuts. Shale will boom again.

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**Ry_Tower** · September 27th, 2016 05:53 PM

Originally Posted by StockEngine

Bro they were divided earlier. Kasi they were worried of the market share.

Now theyre on their knees. SA offered cuts so others will follow. Russia also offered if the opec members agree on cuts.

Usa shale producers are just laughing. If they do agree on cuts. Shale will boom again.

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Agree on this one, they'll (shale producers) will rake profits froms OPEC and Russia clamoring for cuts hehehehe

**StockEngine** · September 27th, 2016 09:19 AM

So Opec top producer is saying they will cut 500k barrels if others cut also.

Basically its begging for money now... tomorrow is D day.

If Opec members decide to cut... bye bye low fuel prices.

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**StockEngine** · September 28th, 2016 01:03 AM

Iran oil minister said. If they will cut, itll be on november.

Theyre making these opec beggars cry.

Oil price dropped...toink

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**jefbuan** · September 28th, 2016 01:11 AM

Here at Riyadh right now mararamdaman na namin yung effect ng oil prices, Saudi gov't started to cut minister's salaries up to 20% , no more bonuses ,no new cars and limited phone bills and will start VAT on 2018..

**ninjababez** · September 28th, 2016 03:26 PM

Sorry medyo naguluhan ako, is it going up or down?

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**StockEngine** · September 28th, 2016 04:25 PM

We will know in the next few hours... meeting is on going.

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**StockEngine** · September 29th, 2016 06:55 AM

Brace yourselves. The output cap has been agreed upon.

Fuel prices will go up significantly...

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**Wh1stl3r2** · September 29th, 2016 04:21 PM

Originally Posted by StockEngine

Brace yourselves. The output cap has been agreed upon.

Fuel prices will go up significantly...

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Huge surprise they made a deal. But forecasts remain bearish through 2017:
https://www.cnbc.com/amp/2016/09/28/...ough-2017.html

Also, OPEC members have historically been bad at following quotas. Maybe this will just be another momentary price spike due to sentiment.

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