European Tribune - Comments - Countdown to $200 oil meets Anglo Disease

Countdown to $200 oil meets Anglo Disease | 69 comments (69 topical, editorial, 0 hidden)

Re: Countdown to $200 oil meets Anglo Disease (4.00 / 4)

Oh, and yesterday we got past €88/barrel (and thus, in even more civilised units, €0.55/l), so we may yet reach €100 oil before the $200 one.

_{*Lunatic*, n.

One whose delusions are out of fashion.}

by DoDo on Sat Jun 7th, 2008 at 10:08:42 AM EST
[ Parent ]

Re: Countdown to $200 oil meets Anglo Disease (none / 0)

H'mmmm.

Potential for an oil-in-$ to oil-in-€ arbitrage?

by ATinNM on Sat Jun 7th, 2008 at 01:40:46 PM EST
[ Parent ]

Re: Countdown to $200 oil meets Anglo Disease (none / 0)

The question is: will China spend a good part of its dollars reserves to keep the home price for petrol low or will it do like India, which just increase the subsidized price by 10% and Malaya which upped it by a whopping 40%. That would automatically put the brakes on Asian oil consumption and stop the price rises

by pampero on Sat Jun 7th, 2008 at 01:47:48 PM EST
[ Parent ]

Re: Countdown to $200 oil meets Anglo Disease (none / 1)

Well, I am not certain that putting the brakes on consumption is enough to stop the price rises - they may only slow down the price rises.

_{*Lunatic*, n.

One whose delusions are out of fashion.}

by DoDo on Sat Jun 7th, 2008 at 02:22:42 PM EST
[ Parent ]

Countdown to $200 oil meets Anglo Disease | 69 comments (69 topical, 0 editorial, 0 hidden)

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