Omega Owners Forum
Chat Area => General Discussion Area => Topic started by: STEMO on 14 March 2017, 15:44:07
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Both petrol and diesel down by 2p in Asda this morning.
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We need that price reduction as the pound has dropped a lot in value today and they say will drop more yet,due to Brexit,,,,what a lot of crap they talk...just blame it all on Brexit ;D ;D ;D ;D
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Sad but true, we don't buy our oil in £, its all € or $ so I can only see prices going one way. Same reason a lot of food prices have gone up or packets have gotten smaller (which is the same thing).
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Both petrol and diesel down by 2p in Asda this morning.
I put some Asda diesel in earlier.... £1.167/L :y That's 4p/L cheaper than the other cheapest garage in Swindon
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Fuel has dropped here in Euroland. 1.129 today.
Prices change much more quickly than they do in the UK.
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1.329 for v power diesel here
1.229 for normal
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1.329 for v power diesel here
1.229 for normal
Oh, and I was thinking 1.18 for unleaded was bad, let alone LPG gone up from 50.9 to 57.9. :-\
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Probably more price reductions on the way as the increase to $50 has made US shale production profitable with the beginnings of an oil storage glut again. :y :y :y
Most currencies will continue to fall against the USD in the forseeable future, especially if the Fed, as expected, raise interest rates. ??? ??? ???
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True. Happy days on that front :).
Although I suppose it depends on how isolationist trump chooses to be on trade as to what duties are imposed on us imports. Then again outside the eu I expect our sittibg PM will have her head so far up uncle sam's rusty sherif's badge we'll take what we're given and be grateful ::)
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More information on looming OPEC and US Shale producers price war for those who are interested.
https://qz.com/932009/opec-and-us-shale-drillers-seem-back-at-the-brink-of-oil-price-war/ (https://qz.com/932009/opec-and-us-shale-drillers-seem-back-at-the-brink-of-oil-price-war/)
Where OPEC countries and Russia have agreed production quota limits this is beginning to unravel in the light of increasing US shale production. Most US shale companies that survived the downturn, are highly leveraged with loans, so pumping as much oil as possible, especially currently profitable oil, to generate the cash to service the loans is an absolute necessary. 8)
Great for the US and consumers. :y
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1.329 for v power diesel here
1.229 for normal
Oh, and I was thinking 1.18 for unleaded was bad, let alone LPG gone up from 50.9 to 57.9. :-\
Is that all? 66.9 here! :o :o
If I make the effort to go to the other side of Ipswich it is (or was last week) 53.7 :o