Reuters Oil Prices Oil drops to $0.01 per barrel - Page 2

bl52krz · 20th April 2020, 21:30

Petrol and diesel are priced lower in Germany than here by a considerable amount again. Less than £1 a litre. I think my son told me last night it was equivalent to £0.97p a litre. We are still being robbed by big business even in these trying times. Greedy barstewards.

marinabrian · 20th April 2020, 22:18

Quote:

Originally Posted by bl52krz

Petrol and diesel are priced lower in Germany than here by a considerable amount again. Less than £1 a litre. I think my son told me last night it was equivalent to £0.97p a litre. We are still being robbed by big business even in these trying times. Greedy barstewards.

You will probably find most of the taxes are being used to pay those unable to work at the moment David.........just filled the ZT from almost empty £61 £1.069 for premium diesel at Costco.

Unleaded is 99.9 Pence per litre at the same station.

It's all relative to demand, supply outstrips demand, prices plummet, market forces, but it will be interesting to see if this filters through to the pumps.

The retailers on the forecourt make very little on each sale as opposed to the double taxation levied by HMRC on each sale

Brian

victorgte · 20th April 2020, 22:53

It makes sense to fill up all 3 cars when it’s this cheap to buy.
I need something to do at the moment.

ziggy72 · 21st April 2020, 07:39

Quote:

Originally Posted by victorgte

It makes sense to fill up all 3 cars when it’s this cheap to buy.
I need something to do at the moment.

With one trip out allowed per day you should have them filled by Thursday.

Discofan · 21st April 2020, 11:28

- $40 per barrell at one stage yesterday due to companies running out of storage! Ive some empty jerry cans in the garage.....

bl52krz · 21st April 2020, 12:17

Quote:

Originally Posted by marinabrian

You will probably find most of the taxes are being used to pay those unable to work at the moment David.........just filled the ZT from almost empty £61 £1.069 for premium diesel at Costco.

Unleaded is 99.9 Pence per litre at the same station.

It's all relative to demand, supply outstrips demand, prices plummet, market forces, but it will be interesting to see if this filters through to the pumps.

The retailers on the forecourt make very little on each sale as opposed to the double taxation levied by HMRC on each sale

Brian

Yes. The price is what it is, so we will have to pay it. Makes me wonder what the price will be when this lockdown has finished and everyone is on the road again.

trikey · 21st April 2020, 12:42

Time to top up the heating oil then... 👍

steve-45 · 21st April 2020, 13:43

Quote:

Originally Posted by bl52krz

Yes. The price is what it is, so we will have to pay it. Makes me wonder what the price will be when this lockdown has finished and everyone is on the road again.

Probably climb back up to where it was pre-lockdown.

trikey · 21st April 2020, 13:45

Quote:

Originally Posted by steve-45

Probably climb back up to where it was pre-lockdown.

And a bit extra to make up for the lack of sales

Sent from my iPhone using Tapatalk

roverbarmy · 21st April 2020, 14:11

I feel really sorry for all those multi billionaires in the oil industry. Poor things! Oh No! They aren't are they!

There are a lot of empty mineshafts, maybe they should fill them up with oil. Great idea. Put it back in the ground!

20th April 2020, 21:30	#11
bl52krz This is my second home Rover 75 cdt club + Rover 2.5 KV6 Conni SE Join Date: May 2008 Location: Birmingham Posts: 11,394 Thanks: 6,587 Thanked 2,262 Times in 1,729 Posts	Petrol and diesel are priced lower in Germany than here by a considerable amount again. Less than £1 a litre. I think my son told me last night it was equivalent to £0.97p a litre. We are still being robbed by big business even in these trying times. Greedy barstewards. __________________ Great Barr, Birmingham.

20th April 2020, 22:53	#13
victorgte I really should get out more....... MGTF, MGZT, Range Rover Join Date: Sep 2013 Location: Cheltenham Posts: 2,803 Thanks: 395 Thanked 633 Times in 446 Posts	It makes sense to fill up all 3 cars when it’s this cheap to buy. I need something to do at the moment. __________________ MG TF 135, MG ZT, Range Rover P38

21st April 2020, 12:42	#17
trikey Premium Trader Rover 75 Join Date: Nov 2010 Location: Devon Posts: 33,771 Thanks: 8,837 Thanked 14,831 Times in 8,030 Posts	Time to top up the heating oil then... 👍 __________________ Lest we forget..

21st April 2020, 14:11	#20
roverbarmy This is my second home Roverless + 1.7D Sportage Join Date: Aug 2014 Location: East Norfolk Posts: 7,050 Thanks: 729 Thanked 2,021 Times in 1,449 Posts	I feel really sorry for all those multi billionaires in the oil industry. Poor things! Oh No! They aren't are they! There are a lot of empty mineshafts, maybe they should fill them up with oil. Great idea. Put it back in the ground! __________________ Oil in my veins!

21st April 2020, 11:28	#15
Discofan Loves to post (Land)Rover Freelander 2 Join Date: Jan 2015 Location: Stuck in the 1980's Posts: 477 Thanks: 118 Thanked 135 Times in 94 Posts	- $40 per barrell at one stage yesterday due to companies running out of storage! Ive some empty jerry cans in the garage.....