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OT:Oil price goes -ve
Apr 20, 2020
Last reply: 6 years ago
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great...just when I can't use it ....
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.
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
Possibly because over 70p of that is duty and VAT.
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