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5 posters

Oil Price updates

First Guy

First Guy: Posts : 2599
Join date : 2014-02-22

Post n°1

Oil Price updates

by First Guy Mon Dec 29, 2014 7:38 am

CPC fuel import prices ‘did not decrease parallel to global rates

Data from the Central Bank of Sri Lanka shows that the price of fuel imported by the Ceylon Petroleum Corporation has not reduced parallel to the fall in oil prices globally.

Central Bank data shows that while world oil prices were at $112.27 cents per barrel in June this year, the CPC was importing oil at a cost of $113.42.

When prices fell to $87.51 cents per barrel in October, the CPC was importing oil at a cost of $99.39. While data for the cost of crude oil imported by the CPC in November is not yet available, oil prices worldwide are currently around $60 per barrel.

Notably, while world oil prices have dropped by about 46 percent since June, the prices of petrol and diesel in Sri Lanka have only reduced by 6 percent in this time frame.

http://newsfirst.lk/english/2014/12/cpc-fuel-import-prices-not-decrease-parallel-global-rates/69654

nihal123

nihal123: Top contributor; Posts : 6327
Join date : 2014-02-24
Age : 58
Location : Waga

Post n°2

Re: Oil Price updates

by nihal123 Mon Dec 29, 2014 7:44 am

Thanks First Guy

serene

serene: Top contributor; Posts : 4850
Join date : 2014-02-26

Post n°3

Re: Oil Price updates

by serene Mon Dec 29, 2014 9:29 am

Thanks 1st G.
Will it be True when Crude Oile price goes Up.

Jana1

Jana1: Top contributor; Posts : 630
Join date : 2014-02-23

Post n°4

Re: Oil Price updates

by Jana1 Mon Dec 29, 2014 1:37 pm

FG,

It depends on their contract period. I heard CPC go with contract sometimes 1.5-2 years. They take safe option as always oil price go up.

nihal123

nihal123: Top contributor; Posts : 6327
Join date : 2014-02-24
Age : 58
Location : Waga

Post n°5

Re: Oil Price updates

by nihal123 Tue Dec 30, 2014 1:39 pm

තෙල් මිල තවත් පහළ යයි.

Tuesday, 30 December 2014 - 13:24ලෝක වෙළඳපළේ තෙල් මිල තවදුරටත් වාර්තාගත අන්දමින් පහත වැටී තිබෙනවා. ඊයේ දිනයේදී ද බොරතෙල් බැරලයක මිල ඩොලරයකින් පහත වැටුණු අතර එම මිල සටහන් වූයේ ඩොලර් 54ක් ලෙසයි. එය 2009 වසරෙන් අනතුරුව එනම්, වසර 5කින් වාර්තා වූ අවම තෙල් මිලයි.

http://www.livecharts.co.uk/MarketCharts/crude.php
http://www.livecharts.co.uk/MarketCharts/brent.php

sashimaal