Looks like $40/barrel will get breached. How low can it go?
http://m.nasdaq.com/markets/crude-oi...?timeframe=10y
http://m.nasdaq.com/markets/crude-oi...?timeframe=10y
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Heating oil was 60p a litre 2 yrs ago, now 30p ishLast edited by ZARDOZ; 21 August 2015, 13:15.Comment
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It won't go much lower as I have no need to fill my oil tank yet. Rest assured that the day after I refill it the price will plummet. As usual.
I'll let you know when I plan to place an order so you can short oil.Comment
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Well, if it follows the market for electricity due to subsidies to pay for wind farms....Originally posted by PurpleGorilla View Post
https://www.searchforenergy.com/blog...ricity-prices/Comment
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Isn't this about OPEC trying to bust the shale gas industry in the US?
http://www.theguardian.com/environme...ackings-futureLast edited by ZARDOZ; 21 August 2015, 13:19.Comment
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Yet unleaded won't get below 110p/litre any time soon.The greatest trick the devil ever pulled was convincing the world that he didn't existComment
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Because it's tax on tax on tax. Blame our GovernmentOriginally posted by LondonManc View PostComment
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Originally posted by LondonManc View Post
Oil could be free and you'll still be handing over a fortune at the pumps.Comment
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A mate of mine on contract with KBR (oil and gas) got his one week notice today. He's got his fingers crossed the oil price bounces back pretty soon, otherwise his wife's gonna be all over him (in more ways than one).
I can feel it in me loins that the Saudis are going to taper back production pretty soon.Comment
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