Oil Price Watch

**StockEngine** · April 18th, 2016 05:06 PM

As expected.. the greedy bastards dont want to lose market share...

A sizeable drop in barrel price means a lower price next week for the refined products.

Iran was a big factor here... oh wait Obama was part of this... most stupid american president ever. He basically paralyzed the shale industry. At least the shale investors are making efficiency gains.

**soulfly023** · April 18th, 2016 05:12 PM

Pa karga ako mamaya bago mag increase tapos next week sa Tuesday naman dahil rollback

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**b_9904** · April 18th, 2016 08:15 PM

Originally Posted by macsd

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

Originally Posted by StockEngine

Emoticon / emoji looks crap? Lol

For the lolz lang talaga :D

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**Monseratto** · April 19th, 2016 05:50 PM

Oil recovers...chances for a big rollback next week is not likely.

Oil prices recovered on Tuesday, with crude up 1.7% to $40.45 a barrel and Brent 1.9% higher at $43.77.

FTSE 1 climbs for second day as oil rebounds - MarketWatch

**StockEngine** · April 19th, 2016 06:26 PM

Originally Posted by Monseratto

Oil recovers...chances for a big rollback next week is not likely.

FTSE 1 climbs for second day as oil rebounds - MarketWatch

Temporarily up because of the strike in kuwait. Russian oil minister says the oil price will be more or less at this pricing for 6 months until the next opec meeting. The glute hasnt showed its face yet since that doha meet 2 days ago.

**Monseratto** · April 20th, 2016 11:43 AM

Kuwait strike ends... to add more volume to the glut... Brent 43.58

http://www.cnbc.com/2016/04/19/oil-p...n-back-up.html

**Monseratto** · April 21st, 2016 11:41 AM

Will it be a price hike or a rollback? More like a hike....

Oil: A US government report showed a fall in crude oil output pushing prices much higher

**b_9904** · April 21st, 2016 10:27 PM

Dapat pa gas na ko pala hihi

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**jakewise** · April 23rd, 2016 10:05 PM

What's the price trend for the coming week? will it be up or down?

**StockEngine** · April 23rd, 2016 10:14 PM

Seems like the oil price has settled to 45ish for brent. I think the shale oil has slowed down quite a bit. Opec members are delighted lol.

Refined products price will move by a few centavos. Not really significant imo. Whats 10-20 pesos .more or less in your pocket? One coke zero extra for the week? Hehehe