We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Oil Prices
Comments
-
In London Jasmin is flowering and birds nesting and t-shirts were worn in December. On top of that the reports of sea life doing unusual things all over the planet is almost constant.
It might be a meteorological blip and the vast majority of the worlds climate change scientist just happen to be natural pessimists but I wouldn't put my house on it.
Cheap oil could one day cost us an ecological and economic fortune.Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.0 -
fun4everyone wrote: »Generali your posts are very interesting thanks.
He responds better when criticised and abused.
It's important we feed him properlyLeft is never right but I always am.0 -
Oh and production is high at low volumes as everyone is trying to keep cash coming in to cover fixed costs and meet other commitments. He who stops making will die
Unless they all agree to do it and divvy up the market but that would be anti competitiveLeft is never right but I always am.0 -
sputnik1957 wrote: »Bit off topic, but can anyone suggest the simplest way to get exposure to oil prices?
A ETF/ETC I assume?
I'd prefer something that 'tracks' rather than trying 'leveraged' products.
Buy a BTL in Aberdeen, that should track the collapse nicely.0 -
Oil has surged to $40 a barrel and commodities enjoyed a storming rally amid hopes the world's 20-month price rout is nearing an end.
Brent crude has rocketed by nearly 50% since hitting 12-year lows in January, with forward prices for a barrel hitting $40.00 in Monday's trading. West Texas Intermediate has now gained more than two fifths since last month's lows at $36.57.
The recovery has been driven by tentative optimism that major producers are edging towards a supply cut for the world's flooded markets.
The rally was felt across global commodities. Iron ore prices rocketed by an extraordinary 20% on Monday - its biggest ever one day rise
Telegraph.co.ukThere is a pleasure in the pathless woods, There is a rapture on the lonely shore, There is society, where none intrudes, By the deep sea, and music in its roar: I love not man the less, but Nature more...0 -
worldtraveller wrote: »O
Brent crude has rocketed by nearly 50%
Nowhere near as exciting as a 25% drop :eek:'In nature, there are neither rewards nor punishments - there are Consequences.'0 -
Interesting article on electric vehicles and oil prices
http://www.bloomberg.com/features/2016-ev-oil-crisis/0 -
worldtraveller wrote: »Oil has surged to $40 a barrel and commodities enjoyed a storming rally amid hopes the world's 20-month price rout is nearing an end.
Brent crude has rocketed by nearly 50% since hitting 12-year lows in January, with forward prices for a barrel hitting $40.00 in Monday's trading. West Texas Intermediate has now gained more than two fifths since last month's lows at $36.57.
The recovery has been driven by tentative optimism that major producers are edging towards a supply cut for the world's flooded markets.
The rally was felt across global commodities. Iron ore prices rocketed by an extraordinary 20% on Monday - its biggest ever one day rise
Telegraph.co.uk
Why oh why does their language have to be quite so emotive? Next comes the crash, slump and doom.....In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:0 -
Why oh why does their language have to be quite so emotive? Next comes the crash, slump and doom.....
Because otherwise almost every day the stock market would read something along the lines of:
"Stock indices across the world were following a random walk for the most part although there was a small amount of influence from portfolio flows.
The shares in underlying companies generally moved in line with portfolio flows for the most part with a smaller number of stocks moving by a larger amount on news that is probably insignificant to the long term value of the companies. A tiny number of share prices which are probably insignificant to your overall wealth changed in price by a very large amount. One looks like it might go bust and another is subject to a takeover bid that will almost certainly destroy shareholder value but will satisfy the CEO's vanity and allow his options to vest at a much higher price.
Your mortgage remains unchanged and you will continue to be a wage slave until around your 70th birthday.".
I reckon there's a job there for me!0 -
Crashy_Time wrote: »Buy a BTL in Aberdeen, that should track the collapse nicely.
Buy an Aga. In 2004 we were paying 27p a litre for heating oil, by 2013 we were paying 64p, 2016 27.65p.
If you have surplus £ in your account the nice supplier pays 4%, tax free.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.3K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.8K Spending & Discounts
- 244.3K Work, Benefits & Business
- 599.5K Mortgages, Homes & Bills
- 177.1K Life & Family
- 257.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards