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Oil Seen Dropping to $55 Next Week as Price Rout Deepens

frenchbriefs

Alfrescian (Inf)
Asset
Dun be fooled by the oil industry conspiracy to make people rely more on temporary cheap oil and forget about renewable energy which would make them redundant.

Later it will go back up again and then you guys will be complaining about rising prices for almost about everything like food and energy costs.

so is it time to buy oil or not?
 

Cerebral

Alfrescian (InfP) [Comp]
Generous Asset
I dont think they dare to push until Russia cant breathe if not Russia may act crazy especially with Putin the gung ho in charge.

I beg to differ. At the end of the day, its about the money. Putin is consolidating power with the conservatives, wanting to bring USSR glory back. Now its biting him. Even the Ukranian conflict has eased since. With the miney tap turned off, Russia will not have the money to back Ukranian separatist for long. If you cut at the nuts, he cannot be gungho for long.

Also, Russia dies not have much allies to rely on, compared to US, Europe and Middle East. China is constantly wary of Russia and Russia was made to eat humble pie to deal with the Chinese to get money. As long as China stays on the sideline, Russia is fucked
 

Kuailan

Alfrescian
Loyal
Will bus and mrt fare be cheaper now ?:confused:

When petrol prices went up!! Supermart, hawker centre, food court, bread shop all took adventage of it!
Blaming the fuel price increase as the reason! Now that the fuel price went SOUTH and down!

What happened to their prices?? not going down stayed there forever!! Coffee shop tea and coffee also increased
like HELL! what happened?? when fuel price dropped??

The ruling party million dollar salary jia liow bee doing nothing ...No ParLeement debate over these
urgent matters!! ???? Petrol price drop 0.05cent/L!! but when crude oil increase petroleum company increased fuel price by minimum 0.010cent/L wtf!!!
 

congo9

Alfrescian
Loyal
When petrol prices went up!! Supermart, hawker centre, food court, bread shop all took adventage of it!
Blaming the fuel price increase as the reason! Now that the fuel price went SOUTH and down!

What happened to their prices?? not going down stayed there forever!! Coffee shop tea and coffee also increased
like HELL! what happened?? when fuel price dropped??

The ruling party million dollar salary jia liow bee doing nothing ...No ParLeement debate over these
urgent matters!! ???? Petrol price drop 0.05cent/L!! but when crude oil increase petroleum company increased fuel price by minimum 0.010cent/L wtf!!!

Time to vote these Mother fuckers out .
 

hofmann

Alfrescian
Loyal
I beg to differ. At the end of the day, its about the money. Putin is consolidating power with the conservatives, wanting to bring USSR glory back. Now its biting him. Even the Ukranian conflict has eased since. With the miney tap turned off, Russia will not have the money to back Ukranian separatist for long. If you cut at the nuts, he cannot be gungho for long.

Also, Russia dies not have much allies to rely on, compared to US, Europe and Middle East. China is constantly wary of Russia and Russia was made to eat humble pie to deal with the Chinese to get money. As long as China stays on the sideline, Russia is fucked

There's a glut of commodities in the markets. No one knows what to do with it. Nothing holds it value anymore.

Just spend spend spend and be happy spending.
 
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