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Showing results for tags 'Crude'.
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Global Oil Glut Sends Prices Plunging - WSJ Economists say falling oil prices could kill off Russia’s flagging economic growth, forecast at no more than 0.5% this year. Evgeny Nadorshin, chief economist at Russian conglomerate AFK Sistema, said Russia’s economy could begin contracting by the end of this year if oil prices remain near $90 a barrel. Leading Russian politicians and executives believe the Saudis are pushing down prices to target Russia’s oil-export-dependent economy and Mr. Putin, as an extension of ongoing sanctions. -
Since this morning has be smelling strong crude oil smell in Seng Kang. Any one in seng Kang smell it? Is there any tanker leak?
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Are we going to see a drop in prices at the petrol kiosk tomorrow? Oil prices drop
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Rated PG.. pls don't click on the link if u are offended about genital jokes http://www.youtube.com/watch?v=yURjufR9ZYY&NR=1
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Crude prices went crazy , increase by more than USD10 per barrel last night ... Wonder how much will the cartels increase the petrol prices today ????
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just 34 from peak of 140 back then...... Its just a matter of time. Then everything will go up again. Perhaps there will then be even more unrest. The world is going haywire soon.
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Cause previously I don't see such huge price disparity between Nymex and Brent (Brent usually slightly higher only). But now its USD15 difference!! Brent is USD100 while Nymex already drop to USD85. Something is seriously wrong........... -
....yet......boh tai chi Crude-oil futures closed at a nearly two-month low Thursday, weighed by disappointment over the latest round of U.S. economic data on jobs and durable goods demand. Oil for March delivery ended down $1.69, or 1.9%, at $85.64 a barrel,
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Its the highest of the highest and they peg their prices to that? How about NYmEX crude which is much lower at USD88.8 now even WTI Cushing is lower at 87.96... Strange........
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How come our petrol prices no drop??? All acting blur???
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WTF! I Didn't Know Crude Oil Actually Taste Sweet!
Crazecow posted a topic in General Car Discussion
http://en.wikipedia.org/wiki/Sweet_crude_oil I always wonder what is light sweet crude oil being traded at Nymex.... After some googling, now I know. Low levels of sulphur gives the oil a sweet taste and nice smell...... And people back then actually taste the oil to determine its quality..... All I know about our petrol is that its STINKS LIKE HELL!! I don't think I will ever want to taste it...... -
Notice crude oil price been dropping for past few days...latest price was @ USD$65 PB Now the question is that when will local cartel lower its pump price.....but likely they will act blur again for this week or maybe even till next week
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Today ST reported that the price of oil had dropped to US$34/- per barrel even after OPEC had agreed to drop daily production by 2.2 million per day from January 2009 ........ Prediction from expert that the oil would drop further to about US$20/- per barrel ...... KNN ....... our oil kartels still did not drop their pump prices since the last drop 2 weeks ago (around US$47/- per barrel)....... My tank is now slightly more than 1/4 tank and waiting for it to drop yesterday but no news of falling prices...... . Don't like the feeling after refuelling at old price in the morning and they adjust the pump price in the evening as I ever kana twice last month ..... Shell, Shell, Shell...... where are you? .... Why don't you start the ball rolling first .... -
Oil price lo liao, why nv adjust fast and lower price. Wah piang, once crude price go up, the oil companies rush to raise price within the same day.
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Received a news: Crude oil has fallen to US$53 a barrel. Dunno how our pump price will be..
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Pump price may be heading down south very soon..but then, economic outlook sibei jialat..might not be that good after all..
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It was stated that pirates had seized a supetanker worth US$100 million in crude oil and as such oil is likely to rise-all at a time of a global economic downturn. Be prepared for the rise in price in petrol http://news.sky.com/skynews/Home/World-New...315153725?f=rss
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With price of crude currently at US$70/barrel. It has risen significantly from a low of just under US$60/barrel just a week ago. Will taxi fuel surcharge stay? Will we see the greedy cartels raising the pump prices by 5cents this week or next?
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...............and yet..... I really hope one day one of those cos file chap 11...then it's paybacktime
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wah damn...the moment markets opens in US, it's falls downwards... at current...it's hit US$78.61 per barrel and believe more to drop... hope local cartel will be adjusting the price soon !
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FAST TO RAISE PRICES ... SLOW TO LOWER ... ALTHOUGH WE DRIVERS KNOW THE SCHEMING AND CUNNING OF THE CARTEL, WE ALSO KNOW THAT THERE'S REALLY NOTHING WE CAN DO ABOUT IT ... SIMPLY BECAUSE COMPETITION IS NOT WHAT IT SEEMS EVERY KIOSK SELLING AT SAME PRICE ... HOW TO COMPETE??? REWARDS POINTS ETC ... ALL ALMMOST THE SAME ... HOW TO DIFFERENTIATE AT LEAST WHEN I'M DRIVING AROUND IN AUSTRALIA, I CAN REALLY SEE KIOSKS SIDE-BY-SIDE WITH DIFFERENT PRICINGS ... FAKE COMPETITION ... SIGH
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http://www.channelnewsasia.com/stories/sin.../379056/1/.html this is old news??...
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[inline crude.jpg] As of now, crude is trading at $89 at UK's Brent north sea crude. $93+ at NYMEX. Guess those hedge funds that are buying in oil are now losing big time sia Looking forward to another round of petrol price drop. Last drop was at $99 per barrel for NYMEX.
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[inline "oil prices.jpg"] Prices of crude oil from bloomberg as of time of posting. Do u think it is possible that we will finally see 2-digit oil prices within this week? Oil prices have been well under $110 for 1 week liao and the our cartels are still acting blur!
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simply a good news to hear, it's keeps falling...local petrol station will be adjusting pump price soon... honestly..am expecting and hope it will fall till US$100 per barrel.. http://www.channelnewsasia.com/stories/afp.../365010/1/.html
