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Kerosene dropping

  • 05-08-2015 10:06am
    #1
    xabi
    Registered Users, Registered Users 2 Posts: 3,020 ✭✭✭


    I see the price of Kerosene has been dropping over that past month, 70c / Ltr down to 61c / Ltr today. Should i buy now for the winter or is the trend going to continue downwards?

    heatingoil-ireland-6monthsAvg.jpg


Comments

  • #2
    Wearb
    Moderators, Home & Garden Moderators Posts: 6,380 Mod ✭✭✭✭Wearb


    Now there is a conundrum. I am going to hold out for one more drop, but if anything unstable happens that may affect price I will buy straight away. I will be watching dollar exchange rate and political stability across the world. Also keep an eye on Chinese economic forecasts. There are really too many factors to consider.
    So 1 more drop (or rise) and I will buy.

    Please follow site and charter rules. "Resistance is futile"



  • #3
    xabi
    Registered Users, Registered Users 2 Posts: 3,020 ✭✭✭xabi


    Looks like it's dropped again


  • #4
    Mandzhalas
    Registered Users, Registered Users 2 Posts: 453 ✭✭Mandzhalas


    Big drop again.
    I think we will be able to buy 1000 litres for 500 in months time. Delighted


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