Oil Price Watch

[hein]

Heavy Oil is a raw material in producing synthetic fuel.

So Uls, are you smarter than Li-Ka-Shing, Asia's Richest Man?

He has earned Billions by his heavy investment in Canada's Oil Sands.

And he has refused China's $25,000,000,000 (P1 Trillion) offer to buy out his Canadian Oil company.


While you are here at Tsikot saying that Canadian Oil sands is not viable.

Are you smarter than me?

[renzo_d10]

^ :popcorn: Ano na nagyari?

Paps pahingi...

[uls]

BTW, Western Canadian Select (WCS) is a processed product. not the raw feedstock

Operations - Marketing - Western Canadian Select (WCS) fact sheet

WCS is Canadian heavy conventional and bitumen crude oils blended with sweet synthetic and condensate diluents. It is a consistent high quality crude blend that was launched in December 2004 with volumes of approximately 250,000 barrels per day, and is well-positioned to become a North American benchmark.

[uls]

pointless yung pag inject ng Canada oil sa discussion dito

ano ba effect nyan sa pump prices dito?

hihirit para lang may mahirit

[renzo_d10]

Three letters: KSP

[uls]

so f#cking what kung madami langis sa Canada

naibaba ba nyan ang presyo ng Singapore Platts na reference ng Pinas?

hihirit para lang may mahirit

bumaba presyo ng langis ngayon dahil sa problema sa Europe -- hindi dahil madami langis sa Canada

at pag naayos ang problema sa Europe (kung maaayos nila) tataas uli ang presyo ng langis

[marg]

Are you smarter than me?

BWAHAHAHA, what a Funny pic.

so f#cking what kung madami langis sa Canada

naibaba ba nyan ang presyo ng Singapore Platts na reference ng Pinas?

hihirit para lang may mahirit

bumaba presyo ng langis ngayon dahil sa problema sa Europe -- hindi dahil madami langis sa Canada

at pag naayos ang problema sa Europe (kung maaayos nila) tataas uli ang presyo ng langis

Of course when the SUPPLY of Crude is increased and the DEMAND weakening, specially for the US (Biggest Consumer in the World), it will have a definite effect on world oil prices.

Brent crude prices traded below $US100 for the second straight session on Monday, pressured by fears of a global economic slowdown following weak US and Chinese economic data.

Oil prices feel pinch of global slowdown

Hindi lang sa Europe.

[uls]

if you follow the markets every freaking day (not only read a news article that summarizes what already happened) you'll know that oil (and stocks) has been bid up after the ECB calmed the markets with two 3-month LTROs

what triggered the market collapse was the aftermath of Greece elections. Brent was $120+ and kept falling since then

China slowing is old news. pinaguusapan yan last year pa

the US stalled recovery is also old news

it's only now news writers are getting the whole picture

[andywesteast]

Are you smarter than me?

Hehe

if you follow the markets every freaking day (not only read a news article that summarizes what already happened) you'll know that oil (and stocks) has been bid up after the ECB calmed the markets with two 3-month LTROs

it's only now news writers are getting the whole picture

So aside from Li-Ka-Shing....

So you are smarter than the International Business News writers?

How do you know they don't follow the Markets every Freakin' day?

EUROPE's Problem is OLD news.

[uls]

ECB LTRO 1 -- Dec 2011

ECB LTRO 2 -- Feb 2012

after the 2 LTROs Brent soared to $120s in March and stayed high thru April

then the Greece elections in early May

US AND CHINA SLOWDOWN IS OLD NEWS