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Oil extends 'disconcerting' fall


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SINGAPORE (AFP) - Oil extended its "disconcerting" plunge towards six-year lows in Asia Tuesday after Wall Street giant Goldman Sachs lowered its price forecast, adding to concerns about a supply glut and weak demand.

 

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The price just seems too low to me, love to know how long this will last. The big boys are playing with the world economy.

Moo-ton

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The price just seems too low to me, love to know how long this will last. The big boys are playing with the world economy.

Moo-ton

Again... And who will end up paying again?

 

 

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The price just seems too low to me, love to know how long this will last. The big boys are playing with the world economy.

Moo-ton

 

 

Saudi's started playing price war to try to drive all their 'competitors' out of business...

 

It's no where near a bottom ... yet...

 

Enjoy it while it lasts...

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