$65 a barrel and we're still paying £1/L

Demand is droping due to everybody bailing out the banks, and being prated

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Originally Posted by illegalhunter

Demand is droping due to everybody bailing out the banks, and being prated

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Demand dropping has absolutely nothing to do with bailing banks out.

Where's my shakes head smilie?:frown:

A.

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Originally Posted by Big Gordy

I hear OPEC have agreed to cut supply so prices could be going back up again folks:frown:

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OPEC had intended to raise prices by reducing production. But after the announcement, oil prices dropped $3.24 a barrel to $64.60 in electronic trading.

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Originally Posted by illegalhunter

Demand is droping due to everybody bailing out the banks, and being prated

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bailing the banks out is acting as nothing more than a band aid IMO.

world market collapse was avoided today but I think it's not off the table yet.

No consolation but it only costs £32 to fill the tank of a Prado in Dubai (180 litres) :thumbs up: