Petrol Price Movement in Singapore

[N00b]

Just pumped  at spc. Price still holding, 95@$2.25

[Datsun366]

Drone trainer

 

 

[pi3142]

On 9/16/2019 at 8:28 AM, Freeder said:

Skali Ownself bomb Ownself...

The one who would attack or invade Iran is likely the bomber.

[Fcw75]

14 hours ago, N00b said:

Just pumped  at spc. Price still holding, 95@$2.25

Pumped at SPC 10+pm on 17/9.

95 still at $2.25.

[Vinceng]

On 9/17/2019 at 8:30 AM, Fcw75 said:

Shell is the most farked up.

YES!!!

Shell 95RON - $2.31

SPC 95RON - $2.25

[Tcx607]

14 hours ago, pi3142 said:

The one who would attack or invade Iran is likely the bomber.

Squadron "Hammer 69" will do the job best.

[Symantec9]

SPC up price today ...

[Enye]

wah shell esso caltex sinopec 万岁

ccb spc

🤣

[Ysc3]

even SPC also up price .... but on the contrary ... let see how long it takes to drop this time ....

Oil prices slide as Saudi assures resumption of full supply by September end

Oil prices fell further on Wednesday in Asia after Saudi Arabia’s energy minister said that the kingdom is restoring operations faster than expected after the disruption caused by the drone attack on the weekend led to a supply rout.

US Crude Oil WTI Futures were down 0.4% to $58.87/bbl, while International Brent Oil Futures fell 0.2% to $64.44/bbl.

Saudi Energy Minister Prince Abdulaziz bin Salman said in a press conference that the kingdom will resume lost oil production by the end of September, according to investing.com.

The average oil production in September and October would be 9.89mn bpd, he added.

Meanwhile, state-owned Aramco's CEO Amin Nassser said full capacity of 12mn bpd would be back at the end of November.

Elsewhere, the American Petroleum Institute said US stockpiles rose by ~600,000 bbl last week vs. a drop of 7.2mn bbl the week before, which further supported the slide in oil prices.

[Beregond]

On 9/17/2019 at 9:57 PM, pi3142 said:

The one who would attack or invade Iran is likely the bomber.

[We] are locked and loaded depending on verification, but are waiting to hear from the Kingdom [of Saudi Arabia] as to who they believe was the cause of this attack and under what terms we would proceed!”

quite clear cut, they looking for some carrot head to chop, see who willing to sponsor.

no eu nation is willing, maybe had to chop saudi carrot

[kobayashiGT]

for those who are riding, can go pump shell. 

[Vinceng]

The attack on the Saudi facilities should have no impact on world-wide supply. There are 30 million barrels on standby daily, of which 3/4 are stored in Saudi Arabia. Supply is controlled to maintain current inflated prices. All a scam !!!

[Vinceng]

Hope to see petrol prices drop this week

https://oilprice.com/Energy/Energy-General/Oil-Slumps-Again-Will-OPEC-Act.html

[Kusje]

On 9/26/2019 at 9:56 AM, Vinceng said:

The attack on the Saudi facilities should have no impact on world-wide supply. There are 30 million barrels on standby daily, of which 3/4 are stored in Saudi Arabia. Supply is controlled to maintain current inflated prices. All a scam !!!

You must be joking.

[Vinceng]

1 hour ago, Kusje said:

You must be joking.

OIl prices are highly inflated.

As a business entity, If you can sell 95RON petrol at S$5 / litre, would you not want to?

Got the drift?

Edited October 7, 2019 by Vinceng

[Enye]

24 minutes ago, Vinceng said:

OIl prices are highly inflated.

As a business entity, If you can sell 95RON petrol at S$5 / litre, would you not want to?

Got the drift?

no ... don’t understand 

please explain in more detail so that i may learn from you

thanks 🙏 

🙂

 

[Kusje]

2 hours ago, Vinceng said:

OIl prices are highly inflated.

As a business entity, If you can sell 95RON petrol at S$5 / litre, would you not want to?

Got the drift?

What's that got to do with the fact that you said there's no impact from the saudi attacks?

BTW, 30 MMbbls of storage is nothing if production is really cut by 5 MMbbl/d (that's just 6 days!). And Saudi has way more than 30 MMbbls in storage.

[Acewin]

World crude price seems going down but today Cowtex increase price liao.