how low crude oil will go?

Subject: how low crude oil will go? Thu Dec 18, 2014 9:34 am

do you think it will break $50 mark?

Newbie Golfer Posts : 48 Join date : 2014-07-09

last time crude oil $50 in 2003, 98 petrol is selling at $1.3 per litre ...

now .... haiz ....

Subject: Re: how low crude oil will go? Thu Dec 18, 2014 10:22 am

nkglfrs wrote:: last time crude oil $50 in 2003, 98 petrol is selling at $1.3 per litre ...

now .... haiz ....

Any bro can recommend any ETF or unit trust on oil
Investment??... maybe a good time to buy when
the price reach $50/-??

Subject: Re: how low crude oil will go? Thu Dec 18, 2014 11:53 am

Don't think so. Markets are like casinos these days. Prices have fallen by half and its about time the gamblers start cashing out.....

Junior Golfer Posts : 119 Join date : 2013-06-10

Many wonder when pump prices will come down. Eagerly looking forward to that day, if it ever comes.

Subject: Re: how low crude oil will go? Fri Dec 19, 2014 2:16 am

prices have come down, but much slower than the drop in benchmark prices Sad

Subject: Re: how low crude oil will go? Fri Dec 19, 2014 6:42 am

Key players Saudi and Kuwait are benchmarking their national budgets at 55 dollars a barrel. Likely that they will take action when it drops below that for a prolonged period.

Subject: Re: how low crude oil will go? Fri Dec 19, 2014 10:47 am

nkglfrs wrote:: last time crude oil $50 in 2003, 98 petrol is selling at $1.3 per litre ...

now .... haiz ....

$ 50 - 55 is possible but to have the petrol price in Singapore drop by similar percentage in impossible.

Impossible means not a chance at all.

Sad

Subject: Re: how low crude oil will go? Fri Dec 19, 2014 11:03 am

Iran is giving lelong price to Asian buyers. bet oil price is going to soften somemore.

Newbie Golfer Posts : 98 Join date : 2014-10-29 Age : 109

Luckily we have out friendly neighbors to provide us with good value petrol at 90+ cents.

Doesn't hurt to top it up when heading in for a game, may justify for more frequent games. Of cos with that in mind, having to bear the toll charges. Sleep

Subject: Re: how low crude oil will go? Fri Dec 19, 2014 11:15 am

lousyswinger wrote:: Luckily we have out friendly neighbors to provide us with good value petrol at 90+ cents.

Doesn't hurt to top it up when heading in for a game, may justify for more frequent games. Of cos with that in mind, having to bear the toll charges.

and also the JAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAM.

Subject: Re: how low crude oil will go? Sat Dec 20, 2014 1:34 am

Mike888 wrote:

lousyswinger wrote:: Luckily we have out friendly neighbors to provide us with good value petrol at 90+ cents.

Doesn't hurt to top it up when heading in for a game, may justify for more frequent games. Of cos with that in mind, having to bear the toll charges.

and also the JAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAM.

and soon VEP as well