Oil prices hit 20-month low
Thursday, November 13th, 2008 Tags: crude oil price drop, crude oil pricesPosted in News
Oil prices fell to their lowest level in 20 months on Tuesday, as weak economic growth continued to reduce consumption around the world. Crude oil futures on the New York Mercantile Exchange settled at $59.33 a barrel, down 5%. Prices have plummeted since hitting a peak of $145.29 a barrel in July.
November 13th, 2008 at 12:43 pm
Oil Dashboard
November, Wednesday 12 2008 - 23:38:25
Crude Oil
$55.21
?0.95 1.69%
23:40 PM EST - 2008.11.12
Oil priced further…..
November 13th, 2008 at 1:03 pm
Hi Administrator,
Thank you for the very nice historical charts. Cool stuff.
I am sure members would agree with this wish list:
1. Could we have a larger chart? &
2. 24mths data is great. If you have a 36 mth data, it would be better.
Crude oil has gone down to Nov 2005 level.
From the chart, we could anticipate that petrol price will have to fall by another 10c soon eg $1.59 for 95 octane
November 13th, 2008 at 7:28 pm
Nov. 13 (Bloomberg) Crude oil for December delivery traded at $55.95, down 21 cents, at 11:14 a.m. London time on the New York Mercantile Exchange.
November 13th, 2008 at 10:45 pm
What are we waiting for ? To be ripped off further by our oligopolistic oil companies ? They are quite to raise prices at every available opportunities when crude oil prices were rising. Up S$0.10 each time but down a pitiful 3 or 4 cents.
Singapore consumers are realy taken for a ride. Are we a bunch of idiots ?
November 14th, 2008 at 7:54 pm
How come still no price reduction? The govt is simply conveniently keeping quiet!! Are our voices really heard???
November 15th, 2008 at 12:12 pm
ever since when our voices are heard?
November 15th, 2008 at 7:24 pm
Already dropped to US $56.45 ?0.59 1.03% as at November, Saturday 15 2008 - 06:19:32…
What are they doing????
November 16th, 2008 at 11:00 am
Aiya..no point grumbling…nobody is doing anything abt it.
November 16th, 2008 at 11:02 am
They keep tokng abt other factors afecting retail oil pxs cos they hedged at a high px and no choice when px down,they still need charge high pxs…
November 17th, 2008 at 2:58 pm
ur not factoring in inflation and it’s accompanying burden to all
November 18th, 2008 at 1:19 pm
shell drop 5cent now
November 24th, 2008 at 11:00 am
Is it possible to show the historical chart of wholesale international petrol prices here? Show that against our historical pump prices in SG.That will be more meaningful when it comes to seeing if the petrol companies here are taking us for a ride. They always claim that petrol lag crude oil prices.