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Forum: Middle East

25th Aug 2015, 00:11

Replies: 21

Oil price collapsing and stock market in free fall.

Views: 8,713

Posted By SOPS

Oil has just dropped below $38 a barrell this...

Oil has just dropped below $38 a barrell this morning.

Forum: Middle East

24th Aug 2015, 14:37

Replies: 21

Oil price collapsing and stock market in free fall.

Views: 8,713

Posted By SOPS

You have to ask, at $ 40 a barrel, will AD be...

You have to ask, at $ 40 a barrel, will AD be willing to step in? I mean, they have to support the local Ferrari driving club. If they don't, they could end up in a mass protest on the streets.
...

Forum: Middle East

24th Aug 2015, 13:49

Replies: 21

Oil price collapsing and stock market in free fall.

Views: 8,713

Posted By SOPS

And I can remember talking heads on the finacial...

And I can remember talking heads on the finacial channels predicting 300 dollar a barrell oil.

Forum: Middle East

24th Aug 2015, 13:06

Replies: 21

Oil price collapsing and stock market in free fall.

Views: 8,713

Posted By SOPS

They may not have that much control anymore....

They may not have that much control anymore. America and Australia are fracking.
Western Australia is just about to open a natural gas field that rivals Qatar's reserves.
We will see.

Forum: Middle East

24th Aug 2015, 12:01

Replies: 21

Oil price collapsing and stock market in free fall.

Views: 8,713

Posted By SOPS

Oil price collapsing and stock market in free fall.

These things my not factor well in Dubai. There is talk in Australia tonight that things here could get worse than the GFC as China goes into free fall.
Petrol is selling tonight as low as $ 1.09 a...

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