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Oil - How low can it go?

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    Oil - How low can it go?

    Just how low can oil prices go and who is hardest hit? - BBC News

    Low $20's?
    "Being nice costs nothing and sometimes gets you extra bacon" - Pondlife.

    #2
    I think it will go to $12 then bounce up to $150 just in time for indyref 2.0 .

    Comment


      #3
      Which? Brent or WTI?

      Comment


        #4
        £2.50 which is about $3.55

        Filippo Berio Extra Virgin Olive Oil
        Originally posted by Stevie Wonder Boy
        I can't see any way to do it can you please advise?

        I want my account deleted and all of my information removed, I want to invoke my right to be forgotten.

        Comment


          #5
          If I were in charge I'd be steering these tankers to the north sea and reversing the pumps. Save it for a raining day n all.
          "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

          Comment


            #6
            The lower it goes the higher the bounce
            I'm alright Jack

            Comment


              #7
              African or European?


              15 bucks per barrel is a very good price.

              Comment


                #8
                Originally posted by AtW View Post
                African or European?


                15 bucks per barrel is a very good price.
                Hope we can keep this price longer.

                Comment


                  #9
                  It'll keep dropping until the Saudis feel they've killed off competition from shale oil, I expect. So the real question is: how low is too low to bother with shale?

                  Comment


                    #10
                    With Diesel and Petrol now below £1 @ litre it's a certainty that the Fuel duty will be raised in the next budget
                    How fortunate for governments that the people they administer don't think

                    Comment

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