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Thread: How low will oil be allowed to go ?, currently around $28 a barrel

  1. #1

    How low will oil be allowed to go ?, currently around $28 a barrel

    Economists at the Royal Bank of Scotland say that oil could fall to $16, while Standard Chartered predicts that prices could hit just $10 a barrel.


    With my tin foil hat on, WWIII on the way, depopulation agenda in progress.


  2. #2

    Re: How low will oil be allowed to go ?, currently around $28 a barrel

    With Iranian oil back on the market and them stepping up production and American oil about to be exported for the first time in 40 years $20 a barrel seems a certainty. Unless the EU and China markets suddenly pick up low oil will be around for a few years.

  3. #3
    First Team Ainsley Harriott's Avatar
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    Re: How low will oil be allowed to go ?, currently around $28 a barrel

    Up to 2.5 million more barrels a day being produced than is demanded at the moment means it'll keep falling.

    Saudi Arabia & the US would have to slow production if they want this to stop.

  4. #4

    Re: How low will oil be allowed to go ?, currently around $28 a barrel

    And you're still only allowed 100 mls in hand luggage😡😡

  5. #5

    Re: How low will oil be allowed to go ?, currently around $28 a barrel

    If it all goes pear-shaped, there won't be any more government bailouts to worry about.

  6. #6

    Re: How low will oil be allowed to go ?, currently around $28 a barrel

    Tory filth allowing people to flood the market with cheap oil

  7. #7

    Re: How low will oil be allowed to go ?, currently around $28 a barrel

    Quote Originally Posted by TH63 wrote on Mon, 18 January 2016 18:20
    Tory filth allowing people to flood the market with cheap oil
    And quietly changing the banking system to one of bail-ins.

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