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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.
Oil saving our asses right now.So I have no demands from government.Dhehan wrote:This government is using excess revenue from oil to cover the budget deficit. Unnecessary expenses due to huge cabinet.
Chinwi wrote:What about the huge amount of money taken away by Indians ? IOC
OBAMA gave a suggestion to charge USD 10 for each barrel of oil.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?
AsithaDe wrote:How this will impact to our economy ?
@KavinduTM Please don't be Rajapaksa Ass licker, Srilanka fuel prices need to be matched with international oil prices. For that purpose, we can use formula or standard deviation whatever kind of method.that is how developed country doing, even India also the same. that is what IMF suggesting. otherwise, oil companies will get benefited. IOC 70% belong to India not to Srilanka. Then nobody blam to the government, because Sri Lanka government cannot do anything for the fuel prices. people can make an economic decision,, Investment decision easily. Otherwise, some people make secret profit knowing insider information of the government's price. changes. Wagapitia is one of them.KavinduTM wrote:AsithaDe wrote:How this will impact to our economy ?
Oil prices reduced but still srilanka oil prices haven't reduced. So LIOC and LLUB will earn massive profits.
This oil price decline is just temporary with the virus. So no need to reduce local oil price levels. People can't take those sudden highs and lows. Better to stick at current prices.
You are showing your real character.....You are 100% suitable for Rajapaksa gang..KavinduTM wrote:AsithaDe wrote:How this will impact to our economy ?
Oil prices reduced but still srilanka oil prices haven't reduced. So LIOC and LLUB will earn massive profits.
This oil price decline is just temporary with the virus. So no need to reduce local oil price levels. People can't take those sudden highs and lows. Better to stick at current prices.
Yahapalanaya wrote:You are showing your real character.....You are 100% suitable for Rajapaksa gang..
Done.Kipling wrote:Kavindu
Please check pm.
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