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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » World Crude Oil prices

World Crude Oil prices

+26
Soilconomy
Kipling
Yahapalanaya
kasun_gimhana
KavinduTM
AsithaDe
Teller
fireshelter
slequityanalyst
Senior Citizen
Chinwi
prabath
troy
Dhehan
dennam jambu
manula
Redbulls
Rajaraam
smallville
traderathome
Whitebull
samcader
mark
SRIAS
WildBear
hariesha
30 posters

Go to page : 1, 2  Next

Go down  Message [Page 1 of 2]

1World Crude Oil prices Empty World Crude Oil prices Thu May 17, 2012 4:53 pm

hariesha


Vice President - Equity Analytics
Vice President - Equity Analytics
Barrrel of light crude is down to 92.81 USD from a high of 109.2 USD. This is a 7% drop YoY 10% for last 30 days.

2World Crude Oil prices Empty Re: World Crude Oil prices Thu May 17, 2012 5:30 pm

WildBear


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Eager to watch the media sstatements of our Ministors and economic gurus to justify not reducing fuel prices. Evil or Very Mad

3World Crude Oil prices Empty Crude Oil Price 1 week chart Thu May 17, 2012 5:41 pm

SRIAS


Manager - Equity Analytics
Manager - Equity Analytics
World Crude Oil prices Oil10

4World Crude Oil prices Empty Re: World Crude Oil prices Thu May 17, 2012 7:42 pm

mark

mark
Expert
Expert
minimum bus fares will be 7rs again?

i think its the rationality,it should go up if oil go up and should come down if oil go down,, Twisted Evil

oh i forgot,this is srilnka ne Twisted Evil

5World Crude Oil prices Empty Re: World Crude Oil prices Thu May 17, 2012 8:14 pm

samcader


Manager - Equity Analytics
Manager - Equity Analytics
LIOC REGISTRED A PROFIT OF RS 900 MILLION FOR 2011/2012 WITH RETAINED EARNINGS OF APPROX RS 2 BILLION APPEARS A GOOD BUY

6World Crude Oil prices Empty Re: World Crude Oil prices Thu May 17, 2012 9:25 pm

hariesha


Vice President - Equity Analytics
Vice President - Equity Analytics
@SRIAS wrote:World Crude Oil prices Oil10

This is not 1 week chart. It's from June 2010 a two year chart. It shows two oil rallies.

7World Crude Oil prices Empty Re: World Crude Oil prices Fri May 18, 2012 11:27 am

Whitebull


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@WildBear wrote:Eager to watch the media sstatements of our Ministors and economic gurus to justify not reducing fuel prices. Evil or Very Mad

They will say they have already brought oil at high prices for few months and after new stocks arrives they will consider to reduce the oil prices.

8World Crude Oil prices Empty Re: World Crude Oil prices Fri May 18, 2012 3:04 pm

hariesha


Vice President - Equity Analytics
Vice President - Equity Analytics
Dear friends,

I am posting updates for oil prices in this blog not to indicate that government should reduce the prices. But to indicate easing of external pressures and positive impact that can have for the economy.

By dropping of oil prices from 108 USD/Barrel to around 95.5 we are saving about 2.5 m USD per day. This is equal to an annual saving of about 1 billion USD.

Government should not bring down oil prices. Our people don’t know to conserve at least the resources that we import.

So if you are real investors, don't expect price reductions.

9World Crude Oil prices Empty Re: World Crude Oil prices Fri May 18, 2012 5:27 pm

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Oil prices come down when major economies are uncertain like what's happening in Europe due to greece and Spain also china will go at around 7% avg GDP growth also we are seeing us economy showing strains in the backdrop of domestic as well as external presure. Us will want a less volatile Europe therefore unless we see improvement in above crude prices will further slide and gold prices will be up to 1700 mark from current 1590

10World Crude Oil prices Empty Re: World Crude Oil prices Sat May 19, 2012 12:37 am

hariesha


Vice President - Equity Analytics
Vice President - Equity Analytics
Oil is down even today. Now it's down by 11.4% within a month and 6.5% for the last 12 months.

11World Crude Oil prices Empty Re: World Crude Oil prices Sun May 20, 2012 4:40 pm

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
Rather than reducing fuel prices, govt could reduce the imposed tax for crude oil.. Then eventually the fuel prices would come to a sustainable limit I guess..
Sometimes it would be more apprepriate to have market rates for fuel like in develeoped countries, so u get it less on some days..

On the other and govt cant pass the concession to the common ppl due to the rupee devaluation. In 2010 the $=109 I think and now its 129 so when a barrel goes down by 5$ still we're not reaping a benefit due to the high defecit.. But govt can use this defecit to earn something..

Just my thinking..

12World Crude Oil prices Empty Re: World Crude Oil prices Sun May 20, 2012 10:01 pm

Rajaraam


Vice President - Equity Analytics
Vice President - Equity Analytics
Best thing would be introduce a pricing formular for this kind of sensitive items. Not only oil, wheat flour,sugar,milk powder etc. However proposed pricing formular should be transparent one. Anybody who has a simple knowledge of arithmetic could be able to understand it. That is how govt. could establish good governance. Otherwise authorities could take decissions in favour of the importer/producer. Such pricing should be acceptable to all stakeholders including the consumers.

13World Crude Oil prices Empty Re: World Crude Oil prices Sun May 20, 2012 10:27 pm

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
@Rajaraam wrote: However proposed pricing formular should be transparent one.
Agreed,but still we are dreaming no?

14World Crude Oil prices Empty Re: World Crude Oil prices Sun May 20, 2012 10:44 pm

manula


Vice President - Equity Analytics
Vice President - Equity Analytics
As i know their is a pricing forumla for oil.. but this time they increased the price not according to the forumla even.. How they will make a easy forumla..for this university entrance Z score they jumble the every thing ne..

mean time same as oil price ..gold price also reducing these days...

15World Crude Oil prices Empty Non adjustment of oil prices Thu Feb 11, 2016 8:48 pm

dennam jambu


Senior Equity Analytic
Senior Equity Analytic
LOw oil price bringing down the commodity prices and industrial goods world over.unfortunately  in our country manufacturers ,farmers ,producers ,planters etc not getting the benefit of the low oil prices whereas their competitors in others countries now can produce their products cheaper because those countries are adjusting the oil prices according to the world market prices.now producers in our country are at big disadvantage and cannot compete with overseas competitors , so they will have to give up the industry unless govt give the benefit of low oil prices to the producers ,industrialist etc. govt should give cheap oil to industries at least.

16World Crude Oil prices Empty Re: World Crude Oil prices Fri Feb 12, 2016 8:55 am

Dhehan

Dhehan
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
This government is using excess revenue from oil to cover the budget deficit. Unnecessary expenses due to huge cabinet.

17World Crude Oil prices Empty Re: World Crude Oil prices Fri Feb 12, 2016 9:15 am

troy

troy
Moderator
Moderator
@dennam jambu wrote:LOw oil price bringing down the commodity prices and industrial goods world over.unfortunately  in our country manufacturers ,farmers ,producers ,planters etc not getting the benefit of the low oil prices whereas their competitors in others countries now can produce their products cheaper because those countries are adjusting the oil prices according to the world market prices.now producers in our country are at big disadvantage and cannot compete with overseas competitors , so they will have to give up the industry unless govt give the benefit of low oil prices to the producers ,industrialist etc. govt should give cheap oil to industries at least.

In what products???

I dont think world wide manufactures are that eager to adjust prices down, because if oil prices increase they are not in a position to revise prices that easily. Instead, manufactures will be eagerly profiting from the current position and go for product developments. This will have an  impact on Sri Lnakan brands which are suppose to compete with cash rich developed competitors.

18World Crude Oil prices Empty Re: World Crude Oil prices Fri Feb 12, 2016 9:23 am

prabath


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Dhehan wrote:This government is using excess revenue from oil to cover the budget deficit. Unnecessary expenses due to huge cabinet.
Oil saving our asses right now.So I have no demands from government.

19World Crude Oil prices Empty Re: World Crude Oil prices Fri Feb 12, 2016 10:00 am

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics
What about the huge amount of money taken away by Indians ? IOC



20World Crude Oil prices Empty Re: World Crude Oil prices Fri Feb 12, 2016 10:22 am

troy

troy
Moderator
Moderator
@Chinwi wrote:What about the huge amount of money  taken away by Indians ?  IOC




Isn't IOC share price should adjust to reflect that???? If so good time to buy IOC?

21World Crude Oil prices Empty Re: World Crude Oil prices Sat Feb 13, 2016 9:56 pm

Senior Citizen

Senior Citizen
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@troy wrote:
@Chinwi wrote:What about the huge amount of money  taken away by Indians ?  IOC




Isn't IOC share price should adjust to reflect that???? If so good time to buy IOC?
OBAMA gave a suggestion to charge USD 10 for each barrel of oil.

May be LKR 10 will be added to the tax component.

22World Crude Oil prices Empty Re: World Crude Oil prices Tue Feb 16, 2016 8:54 pm

slequityanalyst


Manager - Equity Analytics
Manager - Equity Analytics
I personally think that LIOC will return to profitability back in this December quarter and the last quarter of the FinYearEnd. 

As usual would like to direct you to this link where you can find some detailed statistics about the fuel market. 

Hope it will be useful to you guys.

http://lankanmarkets.blogspot.com/2016/02/our-sri-lankans-immunity-to-global-oil.html

fireshelter

fireshelter
Associate Director - Equity Analytics
Associate Director - Equity Analytics
Oil prices tumbled Wednesday as President Donald Trump signaled tensions with Iran are easing, reducing fears of a deeper conflict between the two nations.
The decline in crude marks a stunning reversal from an initial spike caused by Iran's missile strike on bases in Iraq that house US troops.
US crude tumbled 4%, hitting session lows after Trump signaled tensions could be easing.

"Iran appears to be standing down, which is a good thing for all parties concerned and a very good thing for the world," Trump said in a highly-anticipated speech.
Crude briefly dipped below $60 a barrel after Trump's remarks, giving back all of the gains from last week's US drone strike that killed a top Iranian commander.
It's a dramatic pullback from the high of $65.65 late Tuesday after Iran lobbed missiles on bases in Iraq that house US troops.
Trump confirmed that no Americans were harmed in that attack. And rather than signaling a US military response, Trump vowed to impose new sanctions on Iran.
There is a growing sense that Iran's attack was not as bad as initially feared. No casualties have been reported. Some in the Trump administration think Iran intentionally missed areas with Americans, multiple officials told CNN.
Iran launched more than a dozen ballistic missiles against bases in Iraq that house US troops in retaliation for the American airstrike that killed a top Iranian general last week. The attacks were Iran's response to the US killing last week of top Iranian General Qasem Soleimani in Baghdad. Iran has called that attack an "act of war" and "state terrorism" and had vowed a response.
"It comes as no surprise that there has been a reprisal from Iran — the concern is that this is just the sign of things to come," said Matt Smith, director of commodity research at ClipperData.
Investors are on high alert for any signs of a clash between the United States and Iran that threatens oil supplies in the Middle East. Crude prices retreated earlier this week on hopes that energy supplies won't be impacted by the tensions.

[size=28]OPEC reassures


The energy minister of the United Arab Emirates said Wednesday that OPEC is ready to respond as tensions rise in the Middle East, saying that no country can afford a return to a situation where crude oil costs $100 per barrel.
Suhail Al Mazrouei told CNN Business that the cartel would seek to ensure that ample energy supplies are available.
"We will always make sure that we supply the world with whatever it requires," al Mazrouei said, adding that the United Arab Emirates was building spare capacity in order to avoid shortages.
Still, the energy minister cautioned that even OPEC and its allies don't have unlimited resources. "We have limitations as well," he said, saying that the group "cannot just replace any quantity" of supply that is taken offline.

A spike in oil prices could deal a blow to the world economy, which is already struggling from weak manufacturing activity. Dow (INDU) futures briefly tumbled more than 400 points during Asian trading hours on Wednesday.
—CNN's John Defterios, Veronica Rocha and Meg Wagner contributed to this report[/size]

24World Crude Oil prices Empty Oil prices down by 30% Mon Mar 09, 2020 10:18 am

Teller

Teller
Moderator
Moderator
sudden oil prices down by 30%.
https://www.google.com/search?q=world+oil+prices&oq=world+oil+pr&aqs=chrome.0.0l2j69i57j0.12646j0j4&client=ms-android-hmd-rev2&sourceid=chrome-mobile&ie=UTF-8

25World Crude Oil prices Empty Re: World Crude Oil prices Mon Mar 09, 2020 12:18 pm

AsithaDe


Equity Analytic
Equity Analytic
How this will impact to our economy ?

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