Current Oil Price

biffvernon · Post by **biffvernon** » 23 Oct 2012, 21:26

So what happened today? Our WTI ticker dropped from $92 to under $86.

RenewableCandy · Post by **RenewableCandy** » 23 Oct 2012, 22:51

I sabotaged Economic Growth by announcing (to the local bobby who came to the "scene of the crime" at the Plot) that we were not going to buy a new shed. That's what happened.

biffvernon · Post by **biffvernon** » 24 Oct 2012, 07:43

Someone stole your shed?

RenewableCandy · Post by **RenewableCandy** » 24 Oct 2012, 15:25

Lit a bbq in it and burned it down.

biffvernon · Post by **biffvernon** » 24 Oct 2012, 15:52

emordnilap · Post by **emordnilap** » 01 Nov 2012, 13:04

People here are really happy to see vehicle fuel prices going down. Doesn't it really cheer people up, give them a sense of hope?

Post by **kenneal - lagger** » 14 Nov 2012, 04:49

emordnilap wrote:People here are really happy to see vehicle fuel prices going down. Doesn't it really cheer people up, give them a sense of hope?

A drop in the fuel price nowadays usually means the the markets think the economy is f****d. And people are celebrating??? Ignorance is bliss!!

emordnilap · Post by **emordnilap** » 14 Nov 2012, 11:13

kenneal - lagger wrote:A drop in the fuel price nowadays usually means the the markets think the economy is f****d. And people are celebrating??? Ignorance is bliss!!

Indeed. Even at the recent higher price, I would say "Petrol is really cheap" at any opportunity and of course, that makes me the bonkers one, for they know not what I mean.

Blue Peter · Post by **Blue Peter** » 23 Nov 2012, 11:33

This may be of relevance (from Twitter):

Linda Yueh ‏@lindayueh
#China appears to have stopped filling up strategic petroleum reserve, removing big source of incremental #oil demand http://on.ft.com/TiF1Gs

Let's see if this works:
Tweet

Peter.

biffvernon · Post by **biffvernon** » 23 Jan 2013, 11:39

Some posts over the last few weeks seem to have vanished. Where they go?

Anyway, our ticker has been showing a slow but steady rise this year and is now almost $97.

Post by **adam2** » 23 Jan 2013, 11:55

biffvernon wrote:Some posts over the last few weeks seem to have vanished. Where they go?

Anyway, our ticker has been showing a slow but steady rise this year and is now almost $97.

Dont know, I have deleted some abusive and off topic rants from another thread, but have not deleted anything from here.

Tarrel · Post by **Tarrel** » 01 Feb 2013, 12:38

Brent Crude has shown a steady upward climb over the last two weeks. Up about 5% since 16 Jan.

Post by **adam2** » 01 Feb 2013, 15:50

Tarrel wrote:Brent Crude has shown a steady upward climb over the last two weeks. Up about 5% since 16 Jan.

Up a little more today, to the highest since last May.
Presumably due to the growing tensions in the Middle East and surounding areas.

Blue Peter · Post by **Blue Peter** » 01 Feb 2013, 16:12

adam2 wrote:
Tarrel wrote:Brent Crude has shown a steady upward climb over the last two weeks. Up about 5% since 16 Jan.
Up a little more today, to the highest since last May.
Presumably due to the growing tensions in the Middle East and surounding areas.

More likely, due to this: OPEC crude production drops to 15-month low

Now, what the reason for that is....

Peter.

biffvernon · Post by **biffvernon** » 01 Feb 2013, 16:49

The stock market has also risen steadily over the last several weeks.