| Latest Forum Topics / Others |
 Post Reply
|
|
Oil Price
|
|||||
|
teeth53
Supreme |
30-Sep-2008 20:00
Yells: "don't learn through life, learn to grow with life " |
||||
|
x 0
x 0 Alert Admin |
Ya...Oil..hmm...this one, a good news
Light, sweet crude for November delivery was down 81 cents to $95.55 a barrel in electronic trading on the New York Mercantile Exchange by mid afternoon in Singapore. Oil prices plunged $10.52 to settle at $96.36 a barrel Monday amid worries that the financial crisis would drag on global growth and demand for oil. That was the second-largest drop in dollar terms and the biggest percentage-wise since 2001. In the last seven drays, crude has now fallen almost $25, or 20%.
|
||||
| Useful To Me Not Useful To Me | |||||
|
AK_Francis
Supreme |
15-Sep-2008 11:31
Yells: "Happy go lucky, cheers." |
||||
|
x 0
x 0 Alert Admin |
ha ha, quite often seeing people doing their reading n writting at the void deck. electricity is free one. moreover, saving home electricity on fan or aircon, as the place there normally very windy.
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
pikachu
Veteran |
15-Sep-2008 11:18
Yells: "Holy Cow!" |
||||
|
x 0
x 0 Alert Admin |
Oil at US$101 now. I think it will come down below $100 very soon. There is global recession and demand for energy will fall. |
||||
| Useful To Me Not Useful To Me | |||||
|
Livermore
Master |
14-Sep-2008 22:07
|
||||
|
x 0
x 0 Alert Admin |
Yeah man. Go up easy. Come down all forget liao
|
||||
| Useful To Me Not Useful To Me | |||||
|
teeth53
Supreme |
14-Sep-2008 20:56
Yells: "don't learn through life, learn to grow with life " |
||||
|
x 0
x 0 Alert Admin |
Going pte mean more to selling gas and electcity to us at market prices, Temasek Holding just sold a power stn for amost S$4 billion.
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
jackjames
Elite |
14-Sep-2008 11:23
|
||||
|
x 0
x 0 Alert Admin |
mazimaz10, don't worry la... Singapore Government is a fair government (unlike others)... remember the power supply tarriff is reviewd every 3 months ? It was just reviewed in July 08, to be $ 0.2507 , so, the next round of review would be next month Oct 08... if the oil price is still below USD 110.... you will 100% expect to see the tariff coming down.. anyway, that money (tariff difference) can be saved easily if you make sure you eat 3 meals as chicken rice... (hope you know what I meant).. |
||||
| Useful To Me Not Useful To Me | |||||
|
mazimaz10
Senior |
14-Sep-2008 10:04
|
||||
|
x 0
x 0 Alert Admin |
Everyone talking about price of petrol going down, how abt our power supply tariff? Never go down when oil price go down but go up when CO go up.......................................... | ||||
| Useful To Me Not Useful To Me | |||||
|
Andrew
Master |
14-Sep-2008 00:37
|
||||
|
x 0
x 0 Alert Admin |
Shell drop price of petrol this morning.....5cts for all grades.
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
AK_Francis
Supreme |
14-Sep-2008 00:21
Yells: "Happy go lucky, cheers." |
||||
|
x 0
x 0 Alert Admin |
ha ha, don't hope for that. SMRT up transport fare fr 1 Oct. What rationale?? really confused. | ||||
| Useful To Me Not Useful To Me | |||||
|
scotty
Senior |
13-Sep-2008 23:21
|
||||
|
x 0
x 0 Alert Admin |
Oil price keep falling but I don't see much change in petrol pump prices here. | ||||
| Useful To Me Not Useful To Me | |||||
|
cyjjerry85
Elite |
13-Sep-2008 02:15
|
||||
|
x 0
x 0 Alert Admin |
Oil dips below $100 as Ike approachesCrude futures hover near 5-month low as the hurricane heads toward the oil producing region along the Texas Gulf Coast.By Catherine Clifford, CNNMoney.com staff writer NEW YORK (CNNMoney.com) -- Oil prices churned Friday, briefly dipping below $100 a barrel for the first time in 5 months, as the concerns about a global economic slowdown overpowered even the fury of a massive hurricane blowing toward refineries on the Texas coast. U.S. crude for October briefly delivery dipped to $99.99 a barrel on the floor of the New York Mercantile Exchange, which was the first time oil has fallen below the $100 a barrel mark in five months. Oil recovered to trade down 25 cents at $100.62 a barrel. It settled down $1.71 to $100.87 a barrel on Thursday - the lowest settle price since March 24, when oil ended the day at $100.86. Earlier, prices rose as high as $102.89. Oil prices were volatile as traders gauged what Hurricane Ike's impact would be. "The market's total focus is on Hurricane Ike," said Phil Flynn, senior market analyst at Alaron Trading. "The market is really trying to determine how bad this storm is going to be."
|
||||
| Useful To Me Not Useful To Me | |||||
|
AK_Francis
Supreme |
13-Sep-2008 01:21
Yells: "Happy go lucky, cheers." |
||||
|
x 0
x 0 Alert Admin |
as what OPEC members claimed that they don't wish to see CO below 100 USD. They will do their urtmost to sustain the price level loh.. | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
teeth53
Supreme |
12-Sep-2008 22:13
Yells: "don't learn through life, learn to grow with life " |
||||
|
x 0
x 0 Alert Admin |
Regular 95 now costs $1.946 before discount. Shell took the lead in reducing pump prices on Friday, followed closely by Caltex, Singapore Petroleum Company and ExxonMobil. http://www.channelnewsasia.com/stories/singaporelocalnews/view/375508/1/.html
|
||||
| Useful To Me Not Useful To Me | |||||
|
teeth53
Supreme |
12-Sep-2008 22:09
Yells: "don't learn through life, learn to grow with life " |
||||
|
x 0
x 0 Alert Admin |
Pump ps again reduced by another 5 cents..by to Nov 07 prices liao. | ||||
| Useful To Me Not Useful To Me | |||||
|
Centaur
Veteran |
12-Sep-2008 10:47
|
||||
|
x 0
x 0 Alert Admin |
Seems like all this is partly controlled by OPEC. They can easiy reduce production to push price up again | ||||
| Useful To Me Not Useful To Me | |||||
|
cyjjerry85
Elite |
12-Sep-2008 02:00
|
||||
|
x 0
x 0 Alert Admin |
Oil slide to an intra-day low of $100.10 during trading...just 11 cents away from touching the $99.99
|
||||
| Useful To Me Not Useful To Me | |||||
|
teeth53
Supreme |
11-Sep-2008 19:20
Yells: "don't learn through life, learn to grow with life " |
||||
|
x 0
x 0 Alert Admin |
Enjoy while it still sun shine.....:)http://money.cnn.com/news/newsfeeds/articles/apwire/5615f86d59d8d45fe7006849e0620b4c.htm
Light, sweet crude for October delivery fell 88 cents to $101.70 a barrel in electronic trading on the New York Mercantile Exchange by noon in Europe. The contract fell 68 cents overnight to settle at $102.58, the lowest close since April 1. Ike, coming on the heels of last week's Hurricane Gustav, was expected to blow ashore early Saturday somewhere between Corpus Christi and Houston, with some forecasts saying it could become a Category 4 storm. |
||||
| Useful To Me Not Useful To Me | |||||
|
Livermore
Master |
10-Sep-2008 21:16
|
||||
|
x 0
x 0 Alert Admin |
Business Times 10 September, 2008 - Oil Price to Double in Next Few Years : Energy Consultant.
The price of crude oil will hover around US$100 for the next year ot so - but expect this to at least double within the next 3 or 4 years, an energy consultant from FACTS Global Energy said.
Fereidun Fesharaki, chairman and chief executive of FACTS Global Energy said," We are running out of oil. The end of the tunnel can be seen today. The US has to raise taxes on gasoline sales to lower consumer demand.
Dr Fesharaki also touched on the topic of alternative energy but said there isn't much at the moment that will offset soaring demand for oil. |
||||
| Useful To Me Not Useful To Me | |||||
|
cyjjerry85
Elite |
10-Sep-2008 03:14
|
||||
|
x 0
x 0 Alert Admin |
"Oil tumbles to lowest level since April 1, falling $3.08 to $103.26 a barrel, as traders expect OPEC to say it won't cut production." oil tumble...DOW drop...cos worry economy...oil breaks new heights....DOW drop...cos of inflation hikes... whatever oil direction it moves...now down below $100...also not too sure if DOW will spring back to life...who knows probably DOW will cheong if oil prices cheong... crazy unpredictable market isn't it? |
||||
| Useful To Me Not Useful To Me | |||||
|
Quek4T
Member |
09-Sep-2008 23:42
|
||||
|
x 0
x 0 Alert Admin |
think we may get to see CO below US$100 soon. | ||||
| Useful To Me Not Useful To Me | |||||
