OT:Oil price goes -ve

- J
- Jethro_uk
  
  Contact options for registered users
posted
4 years ago

Mon, Apr 20, 2020 7:40 PM

formatting link

Loading thread data ...

- J
- Jim GM4DHJ ...
  
  Contact options for registered users
Vote on answer
posted
4 years ago

Tue, Apr 21, 2020 8:47 AM

great...just when I can't use it ....

- G
- GB
  
  Contact options for registered users
Vote on answer
posted
4 years ago

Tue, Apr 21, 2020 5:23 PM

You, and everyone else. That's why there's no demand.

Plus the Russians and Saudis couldn't agree on cuts in production to match the lower demand. Well, they've done that now, so I guess 'normal service will be restored'. Soon.

- A
- Andrew
  
  Contact options for registered users
Vote on answer
posted
4 years ago

Tue, Apr 21, 2020 6:14 PM

They made that agreement last Thursday. Oil price immediately dropped. Saudi economy is in real trouble if this continues. Shucks.

Brent crude down 30% today.

'Wake up to money' on R5 Live had an oil business person on this AM, explaining why petrol won't go below 99p

- A
- alan_m
  
  Contact options for registered users
Vote on answer
posted
4 years ago

Wed, Apr 22, 2020 7:52 AM

Possibly because over 70p of that is duty and VAT.

HomeOwnersHub website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.