Blackslayer 1st Gear February 23, 2011 Share February 23, 2011 Sigh. now 95 2.047 98 2.175 diesel 1.563 ↡ Advertisement Link to post Share on other sites More sharing options...
Mllcg 3rd Gear February 23, 2011 Share February 23, 2011 Sigh. now 95 2.047 98 2.175 diesel 1.563 caltex first in line again? Link to post Share on other sites More sharing options...
Blackslayer 1st Gear February 23, 2011 Author Share February 23, 2011 yeap=( http://www.petrolwatch.com.sg/ Link to post Share on other sites More sharing options...
Zxcvb Turbocharged February 23, 2011 Share February 23, 2011 Here we go again... Link to post Share on other sites More sharing options...
Aaronlkl Supersonic February 23, 2011 Share February 23, 2011 Steady lah Caltex!!! I like ur style! Link to post Share on other sites More sharing options...
Jtay 1st Gear February 23, 2011 Share February 23, 2011 sigh, i'm not surprised at all - with the unrest in middle east and the resulting spike in oil prices, it's only a matter of time. Link to post Share on other sites More sharing options...
Mllcg 3rd Gear February 23, 2011 Share February 23, 2011 sigh, i'm not surprised at all - with the unrest in middle east and the resulting spike in oil prices, it's only a matter of time. US also got oil. but i dont understand why all get from middle east Link to post Share on other sites More sharing options...
Jtay 1st Gear February 23, 2011 Share February 23, 2011 US also got oil. but i dont understand why all get from middle east simply because their consumption is so much higher than what they can produce Link to post Share on other sites More sharing options...
Yaloryalor 5th Gear February 23, 2011 Share February 23, 2011 US also got oil. but i dont understand why all get from middle east When everone used up liao then they can sell higher mah. Link to post Share on other sites More sharing options...
Mllcg 3rd Gear February 23, 2011 Share February 23, 2011 When everone used up liao then they can sell higher mah. lol. OPEC or was it APEC is hoarding the oil. haiz... Link to post Share on other sites More sharing options...
Jtay 1st Gear February 23, 2011 Share February 23, 2011 lol. OPEC or was it APEC is hoarding the oil. haiz... it's mainly opec. read somewhere that they have close to 80% of crude oil reserves, but they only produce 40% of total supply Link to post Share on other sites More sharing options...
Mllcg 3rd Gear February 23, 2011 Share February 23, 2011 it's mainly opec. read somewhere that they have close to 80% of crude oil reserves, but they only produce 40% of total supply what i heard is that for each daily oil produced, they keep a certain percentage of it and say that there is a shortage. they also set the prices Link to post Share on other sites More sharing options...
Jtay 1st Gear February 23, 2011 Share February 23, 2011 what i heard is that for each daily oil produced, they keep a certain percentage of it and say that there is a shortage. they also set the prices think it's more like they determine the price by varying supply of oil Link to post Share on other sites More sharing options...
Mllcg 3rd Gear February 23, 2011 Share February 23, 2011 think it's more like they determine the price by varying supply of oil i think if they dont hoarde, oil will be dirt cheap. another source of hoarding is gold. Link to post Share on other sites More sharing options...
Mustank Hypersonic February 23, 2011 Share February 23, 2011 back to bio diesel liao Link to post Share on other sites More sharing options...
13177 Supersonic February 23, 2011 Share February 23, 2011 Yesterday just discuss about the high crude oil, today price increased liao! Link to post Share on other sites More sharing options...
Zxcvb Turbocharged February 23, 2011 Share February 23, 2011 what i heard is that for each daily oil produced, they keep a certain percentage of it and say that there is a shortage. they also set the prices If I were to sell oil, I will cook up bull & c--k stories to tell the world oil is in shortage, drying up, middle east conflict, yadda yadda. Just like property agent or car dealers will tell you... "offer only today, book now" tactics. Link to post Share on other sites More sharing options...
Lanevomax 1st Gear February 23, 2011 Share February 23, 2011 it goes up but never go down ↡ Advertisement Link to post Share on other sites More sharing options...
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