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  1. Join Date
    Oct 2012
    Posts
    27,624
    #3431
    Quote Originally Posted by jodski View Post
    I wonder what Iran will do with this...hope they can double their output. The big two will lose market share.

  2. Join Date
    Aug 2004
    Posts
    22,702
    #3432
    Quote Originally Posted by StockEngine View Post
    I wonder what Iran will do with this...hope they can double their output. The big two will lose market share.
    As the commentators say: not really big news... yet. They're already pumping much more oil than the market can absorb... to declare a freeze without cuts changes nothing. Oil prices are going to keep dropping until the big boys cut production.

    Everybody will start breathing again when they all agree to production cuts.

    Ang pagbalik ng comeback...

  3. Join Date
    Oct 2012
    Posts
    27,624
    #3433
    Quote Originally Posted by niky View Post
    As the commentators say: not really big news... yet. They're already pumping much more oil than the market can absorb... to declare a freeze without cuts changes nothing. Oil prices are going to keep dropping until the big boys cut production.

    Everybody will start breathing again when they all agree to production cuts.

    as expected.. Iran could decide fate of first global oil deal for 15 years - Israel News, Ynetnews

    Iran is the driver now.. este captain...

    Iran doesn't feel the oil-cost-pinch yet..

    Click image for larger version. 

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  4. Join Date
    Aug 2004
    Posts
    22,702
    #3434
    Quote Originally Posted by StockEngine View Post
    as expected.. Iran could decide fate of first global oil deal for 15 years - Israel News, Ynetnews

    Iran is the driver now.. este captain...

    Iran doesn't feel the oil-cost-pinch yet..

    Click image for larger version. 

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    Iran isn't as reliant on oil revenue as the other two... so it's got a better haggling position.

    This is the ONE player Saudi Arabia cannot force to blink.

    Very interesting. :D Very interesting indeed.

    Ang pagbalik ng comeback...

  5. Join Date
    Mar 2006
    Posts
    18,253
    #3435
    Hmmm....russia and saudi arabia are in opposite sides in the syrian civil war. I wonder how that opposing stance of theirs will factor-in in their oil production talks

  6. Join Date
    Oct 2012
    Posts
    27,624
    #3436
    Quote Originally Posted by baludoy View Post
    Hmmm....russia and saudi arabia are in opposite sides in the syrian civil war. I wonder how that opposing stance of theirs will factor-in in their oil production talks
    Money is the root of all evil (sau and rus)

    Of course they want the $$$ and €€€ ¥¥¥

  7. Join Date
    Jul 2014
    Posts
    1,188
    #3437
    Quote Originally Posted by StockEngine View Post
    Money is the root of all evil (sau and rus)

    Of course they want the $$$ and €€€ ¥¥¥
    The love for money is the root of all evil.

    Money itself is not evil.

  8. Join Date
    Jan 2012
    Posts
    905
    #3438
    As of yesterday, 19.00 flat per liter of diesel, total clark branch. Not bad.

  9. Join Date
    May 2006
    Posts
    8,357
    #3439
    wala bang rollback ngayong susunod na linggo?

  10. Join Date
    Dec 2006
    Posts
    17,314
    #3440
    Quote Originally Posted by Syuryuken View Post
    wala bang rollback ngayong susunod na linggo?
    Increase next week boss. +1.10 gasolina, +1.30 diesel.


    Sent from my iPhone using Tapatalk
    Last edited by jut703; February 19th, 2016 at 11:36 AM.

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