Oil Price Watch

**StockEngine** · April 16th, 2016 09:52 PM

Originally Posted by b_9904

Kelan anf hike?

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Every tuesday ang price adjustments ng mga gas stations

**b_9904** · April 16th, 2016 10:09 PM

Originally Posted by StockEngine

Every tuesday ang price adjustments ng mga gas stations

Thanks bro. Kala ko bukas na eh

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**StockEngine** · April 17th, 2016 02:34 PM

No output freeze from SA and Iran...

More glute 😅

**b_9904** · April 17th, 2016 02:40 PM

Is it me or may kakaibang nangyayari sa tapatalk ko?

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**StockEngine** · April 17th, 2016 03:04 PM

Originally Posted by b_9904

Is it me or may kakaibang nangyayari sa tapatalk ko?

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Emoticon / emoji looks crap? Lol

**macsd** · April 17th, 2016 08:54 PM

Originally Posted by b_9904

Is it me or may kakaibang nangyayari sa tapatalk ko?

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Baguhin na natin title ng thread , Boobsy Watch naman huwag na Oil Price Watch.

**dreamur** · April 18th, 2016 08:43 AM

Filled up na the tank with XCS kagabi. Nakahabol pa ng dalawang batman busts!

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**baludoy** · April 18th, 2016 08:58 AM

tuloy ba ang taas ng presyo since failed naman ang opec talks?

**Juan Martinez** · April 18th, 2016 11:28 AM

oil prices plunge

SINGAPORE (UPDATED) – Oil prices plunged on Monday, April 18, after the world's top producers failed to reach an agreement on capping output and easing a global supply glut at a meeting in Doha.

Hopes the world's largest producer cartel, OPEC, and other major producers like Russia would agree to freeze output has helped scrape oil prices off the 13-year lows they touched in February.

But crude tanked after top producer Saudi Arabia walked away from the agreement, which many hoped would ease a huge surplus in world supplies, after rival Iran boycotted the meeting.

The collapse of Sunday's (April 17) talks sent oil tumbling in early Asia trade, with prices sliding as much as 7% in opening deals.

At around 0100 GMT, US benchmark West Texas Intermediate for May delivery was down $2.11, or 5.23%, from Friday's close at $38.25 a barrel.

Global benchmark Brent crude for June lost 4.71%, or $2.03, to $41.07.

"Despite many of the 18 oil producers believing the meeting in Doha was merely a rubber stamp affair for an oil production freeze, Saudi Arabia managed to throw a spanner in the works," said Angus Nicholson, an analyst at IG Markets.

"With Saudi Arabia fighting proxy wars with Iran in Yemen and Syria/Iraq, it is understandable that they had little inclination to freeze their own production and make way for newly sanctions-free Iran to increase their market share." – Rappler.com