| Partners with: www.sgCarMart.com |
|
Joint membership: You may login to MyCarForum using your sgCarMart username & password  |
|
|||||||||||||
  |
|
Carndablues
 Dec 11 2009, 08:06 AM
Post
#1
|
|
 5th Gear Posts: 1,128 Warn: 
 |
Cos my shorts on oil since early last week are all up!
|
 |
 
|
|
Silverspark
Dec 11 2009, 08:16 AM
Post
#2
|
|
 1st Gear Posts: 64 Warn: 
|
not yet i think.
|
|
|
|
|
Mzrmazda3
Dec 11 2009, 08:31 AM | In Reply To Carndablues
Post
#3
|
|
 2Fast2Furious Posts: 27,504 Warn:
|
Still at the same price as previous
|
|
|
|
|
Hermitage
Dec 11 2009, 08:39 AM | In Reply To Carndablues
Post
#4
|
|
 5th Gear Posts: 1,985 Warn:
|
QUOTE (Carndablues @ Dec 11 2009, 08:06 AM)  Cos my shorts on oil since early last week are all up! What are "shorts on oil"? And if they're up, shouldn't oil prices go up as well?? Sorry, really dunno anything about such matters, hence the seemingly stupid questions! 
-------------------- To Punish & Enslave...We Are The Fallen.
|
|
|
|
|
Tleslie
Dec 11 2009, 08:54 AM
Post
#5
|
|
|
3rd Gear Posts: 344 Warn:
|
i am also waiting .....
|
|
|
|
|
Turboflat4
Dec 11 2009, 09:02 AM | In Reply To Hermitage
Post
#6
|
|
 5th Gear Posts: 1,187 Warn:
|
QUOTE (Hermitage @ Dec 11 2009, 08:39 AM) What are "shorts on oil"? And if they're up, shouldn't oil prices go up as well?? Sorry, really dunno anything about such matters, hence the seemingly stupid questions! He's talking about his short positions on oil - he's either sold oil stocks (which he didn't actually possess, hence called a short sale), sold oil futures contracts, or bought put options (which negatively track underlying oil prices). When oil goes down, his position gains value. This post has been edited by Turboflat4: Dec 11 2009, 09:03 AM |
|
|
|
|
Shorty
Dec 11 2009, 09:22 AM
Post
#7
|
|
 6th Gear Posts: 2,714 Warn:
|
don worry...petrol prices on go down even if oil prices dip. but since the oil prices dip...be prepared for fuel price to go up once the oil prices start to incline. that's the pattern these oil cartels hv been playing.
oil price drop 4-5 times, they will drop once. but oil price goes up once, they follow straight away. -------------------- Don't Give Up Hope...No Matter How Hopeless U Are...
|
|
|
|
|
Hermitage
Dec 11 2009, 09:31 AM | In Reply To Turboflat4
Post
#8
|
|
|
5th Gear Posts: 1,985 Warn:
|
QUOTE (Turboflat4 @ Dec 11 2009, 09:02 AM) He's talking about his short positions on oil - he's either sold oil stocks (which he didn't actually possess, hence called a short sale), sold oil futures contracts, or bought put options (which negatively track underlying oil prices). When oil goes down, his position gains value. Thanks for explaining!! Very kind! Too bad I still cannot see the logic behind "shorts", which to me, are pieces of garment that you wear! Haha! In any case, I've always been hopeless with finance and stuff about the economy. That's why I'll probably die penniless & insane!! Hahaha! 
-------------------- To Punish & Enslave...We Are The Fallen.
|
|
|
|
|
Russ
Dec 11 2009, 09:44 PM
Post
#9
|
|
|
3rd Gear Posts: 401 Warn:
|
I am expecting a 5 cent per litre drop within a few days unless oil price move up to above USD 75 per litre early next week.
|
|
|
|
|
Rongxianglin
Dec 11 2009, 09:48 PM | In Reply To Hermitage
Post
#10
|
|
 Novice Posts: 19 Warn:
|
QUOTE (Hermitage @ Dec 11 2009, 09:31 AM) Thanks for explaining!! Very kind! Too bad I still cannot see the logic behind "shorts", which to me, are pieces of garment that you wear! Haha! In any case, I've always been hopeless with finance and stuff about the economy. That's why I'll probably die penniless & insane!! Hahaha! Hahaha.. seriously, this is the fun part about words. One phrase can mean so many thing. Different people see the same phrase, can see different thing also. Never depend on words... Best Wishes, Rongxiang -------------------- Just an ordinary guy looking for a drivable car....
|
|
|
|
|
Bighappyjer
Dec 11 2009, 09:53 PM
Post
#11
|
|
 2nd Gear Posts: 216 Warn:
|
Shorted WTI or brent? You made quite a bundle!
|
|
|
|
|
Saycheese78
Dec 11 2009, 11:18 PM
Post
#12
|
|
|
1st Gear Posts: 89 Warn:
|
Faster drop leh. My tank now < 1/2 full.. dun know can dong how long. Drop 5 cents then go pump 20L for cheap thrill haha.
|
|
|
|
|
Hulk
Dec 11 2009, 11:47 PM | In Reply To Shorty
Post
#13
|
|
|
2nd Gear Posts: 179 Warn:
|
QUOTE (Shorty @ Dec 11 2009, 09:22 AM) don worry...petrol prices on go down even if oil prices dip. but since the oil prices dip...be prepared for fuel price to go up once the oil prices start to incline. that's the pattern these oil cartels hv been playing. oil price drop 4-5 times, they will drop once. but oil price goes up once, they follow straight away. Ya lor, that's how explain their every year bonus can up to 6 months or more |
|
|
|
|
Cobblerz
Dec 12 2009, 01:18 AM
Post
#14
|
|
|
Novice Posts: 19 Warn:
|
if you want to go increase mileage i've this fuel saving oil agent, can increase mileage up to 30% and also cleans your engine. email or msg me for queries. no gimmicks.
|
|
|
|
|
Axela72
Dec 14 2009, 09:47 AM
Post
#15
|
|
 5th Gear Posts: 1,587 Warn:
|
Now the crude oil price drop almost USD1 as compare with 1 to 2 week ago. Now USD69+ but why our petrol price still remain the same?
-------------------- NoT foR tHe FaInT HeArt! CLICK & JOIN ME IF YOU DARE!
Knight http://world5.knightfight.co.uk/?ac=vid&am...45&ref=link Vampire http://world8.monstersgame.co.uk/?ac=vid&vid=190036371 |
|
|
|
|
SJP1965G
Dec 14 2009, 01:13 PM
Post
#16
|
|
 Clutched Posts: 26 Warn:
|
East or West
V-Power is the Best |
|
|
|
|
Picanto
Dec 14 2009, 01:14 PM | In Reply To SJP1965G
Post
#17
|
|
|
Turbocharged Posts: 7,937 Warn: 
|
QUOTE (SJP1965G @ Dec 14 2009, 01:13 PM) East or West V-Power is the Best why pay more for v power? |
|
|
|
|
Olivia751
Dec 14 2009, 03:39 PM
Post
#18
|
|
|
Neutral Newbie Posts: 4 Warn:
|
Hello friends,
QUOTE Has petrol prices come down yet? This is now like a dream that the price of the petrol decrease. I don't think that it happen ever. Price is going high and high not down yet... Regards, Olivia -------------------- |
|
|
|
|
Chiangauto
Dec 14 2009, 05:02 PM | In Reply To Carndablues
Post
#19
|
|
 3rd Gear Posts: 457 Warn: 
|
not think the fuel price will drop at this moment.
|
|
|
|
|
Silverspark
Dec 14 2009, 05:11 PM
Post
#20
|
|
|
1st Gear Posts: 64 Warn:
|
up two steps down one step.
over the long term, it will still be rising. no diff. |
|
|
|
|
Similar Threads
| Topic Title | Forum | Replies | Last Action | ||
|---|---|---|---|---|---|
 |
Brand New honda Prices | Products & Services | 728 | Yesterday, 03:39 PM Last post by: Floweradvisor |
|
|
Is it legal to sell fuel other than petrol kiosk? | General Car Discussion | 49 | Yesterday, 03:39 PM Last post by: 5936 |
|
|
 Mixing 2T into petrol tank?? |
Maintenance & Repairs | 378 | 31st August 2010 - 10:06 AM Last post by: Ken4555 |
|
|
[5 Aug] Petrol price UP again! | General Car Discussion | 79 | 25th August 2010 - 01:21 AM Last post by: Speedz76 |
|
|
Facts on high octane petrol | Lite & EZ | 11 | 10th August 2010 - 12:45 PM Last post by: Bonafidestack |
|
|||||||||
| Guidelines – Terms Of Service – About Us – Moderators | Lo-Fi Version Time is now: 4th September 2010 - 03:22 AM 
|
