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Thread: Brent Crude Below $47 a Barrel..

  1. #1
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    Default Brent Crude Below $47 a Barrel..

    ...And do you know why that's especially good news? No, not just because petrol/diesel will become 2p a litre cheaper as a result, but because this week OPEC claimed they'd lost 700 Billion dollars as a result of the reduction in crude oil prices since it's peak of $147. That's 700 billion dollars less going to countries such as Iran, Libya and Venezuaela. And as Russia isn't in OPEC, their reduction in income will on top of the OPEC total. That's a lot less mischief these countries are now able to fund.

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    Regular Member wardy's Avatar
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    it aint 1/3 of the price at the pump tho.

    Another corrupt government story!

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    wont be for long when they are planning on cutting production to force it up to $70-80 a barrel.. thats what OPEC are wanting to do

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    89.9 for ul here
    105.9 for derv

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    Regular Member big rich's Avatar
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    90.9 ul
    105.9 d

    thats in erdington birmingham

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    Were are still getting reamed at the pumps and energy bill's. This country should be wearing a mask.
    I keep throwing myself on the floor and getting somebody to kick me in the ribs. Just to feel I've been robbed again properly.

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