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Nairaland Forum / Nairaland / General / Business / Crude Oil Price Could Fall To $20 In 2016 – IMF (24428 Views)
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Re: Crude Oil Price Could Fall To $20 In 2016 – IMF by boboLIL(m): 7:14pm On Dec 26, 2015 |
Superstory.. Seeing is believing 2 Likes |
Re: Crude Oil Price Could Fall To $20 In 2016 – IMF by Nobody: 7:17pm On Dec 26, 2015 |
Jonathan sef 1 Like |
Re: Crude Oil Price Could Fall To $20 In 2016 – IMF by ajebuter(f): 7:18pm On Dec 26, 2015 |
nyben4eva: This is comically hilarious! ![]() ![]() ![]() ![]() Armed robbers.. they are already by the way. ![]() ![]() ![]() ![]() |
Re: Crude Oil Price Could Fall To $20 In 2016 – IMF by princdebola201(m): 7:18pm On Dec 26, 2015 |
Oyel people can now start drinking their OYEL LOL!!! ![]() ![]() ![]() |
Re: Crude Oil Price Could Fall To $20 In 2016 – IMF by Pascal181: 7:18pm On Dec 26, 2015 |
Kikikikikikikikikikiki. Do u knw y I'm lafing? There was a time when dis man (I no call name) blame Jonathan for everyting including dwindling oil revenue. 4 Likes 1 Share |
Re: Crude Oil Price Could Fall To $20 In 2016 – IMF by drberry(m): 7:18pm On Dec 26, 2015 |
Hahahahahaha... I remember some time ago, there was a man who told Nigerians that he would stabilize global oil price... ![]() ![]() ![]() 6 Likes 1 Share |
Re: Crude Oil Price Could Fall To $20 In 2016 – IMF by sanmibukunmi: 7:19pm On Dec 26, 2015 |
I told some friends if mine yesterday that Buhari's decision to use $38 as the benchmark for oil is not good move. I told them analysts are predicting $20 for next year....alas they labelled me an antagonist that I want this government to fail. 9 Likes 3 Shares |
Re: Crude Oil Price Could Fall To $20 In 2016 – IMF by Coldfeets: 7:19pm On Dec 26, 2015 |
fuckerholic: You just spoke my mind. It's high time we start exporting agricultural products cum intellectual content as against oil in this country. 3 Likes 1 Share |
Re: Crude Oil Price Could Fall To $20 In 2016 – IMF by Bollinger(m): 7:20pm On Dec 26, 2015 |
dearpreye: I am glad you said that. With that being said, i wonder why almost everyone is blaming this present predicament on Buhari. All this didn't just start today. The only way you can blame this present administration is if everything was groovy in the past and all of a sudden things went bad. As far as i can remember, things have always been terrible in Nigeria since independence, so blaming Buhari is nonsensical. Nigerians never rate performances on how good things were; it is always rated on how bad compared to the last administration. Depending on which administration was/is in power. There is a way out of this but will the citizens accept the hard choice? I doubt it. 8 Likes 1 Share |
Re: Crude Oil Price Could Fall To $20 In 2016 – IMF by amunkita(m): 7:21pm On Dec 26, 2015 |
Very certain... Iran would flood the market to the extent Nigeria will start Promo on Crude oil.. "Buy one Barge get another Free" 6 Likes 1 Share |
Re: Crude Oil Price Could Fall To $20 In 2016 – IMF by Adminisher: 7:23pm On Dec 26, 2015 |
Abiagirl777: You are actually the one whose brain has dried up. The money is in the low priority spend area for the NNPC Every oil producing company and oil countrit's is still exploring. Multinational oil companies with the smartest economists have not stopped looking for oil. The Yankees spent big sums on shale oil even when the outlook looked bleak looking 10 years in the furure N40bn is just 200million and the money is not even spent yet. 9 Likes |
Re: Crude Oil Price Could Fall To $20 In 2016 – IMF by WisdomTank: 7:23pm On Dec 26, 2015 |
This 2016 ehhh, our government dey make us fear coming year now na IMF don come with their own. Check my signature for your building POP ceiling, Wall Screeding and Pillar Designs |
Re: Crude Oil Price Could Fall To $20 In 2016 – IMF by Nobody: 7:24pm On Dec 26, 2015 |
Bevista: The combined wealth of the same crooks who have looted Nigeria can make a measurable impact in recovery.. but hey. PMB knows he cannot do anything about corruption but drama and activity 4 Likes 2 Shares |
Re: Crude Oil Price Could Fall To $20 In 2016 – IMF by menxer: 7:24pm On Dec 26, 2015 |
When crude was making Millennium sales high points what was the IMF prediction and advice to Nigeria? It's just predictions and most negative predictions against Nigeria has so far failed. Even if their prediction is true, the price can't drop to that in the first 30 days of 2016. 4 Likes |
Re: Crude Oil Price Could Fall To $20 In 2016 – IMF by remiotega: 7:25pm On Dec 26, 2015 |
Please call this line if u ar interested.location:Aguda surulere Thank you.08070752784 |
Re: Crude Oil Price Could Fall To $20 In 2016 – IMF by Adminisher: 7:27pm On Dec 26, 2015 |
amunkita: The world has an addiction to oil. This period is like making the drug cheap enough to stimulate appetite and more addiction. The Chinese and Indian middle classes are still growing. India in particular is growing to grow very fast and demand more oil after 2017. For now we should prepare for hard times and diversify our economy. 6 Likes |
Re: Crude Oil Price Could Fall To $20 In 2016 – IMF by Adminisher: 7:33pm On Dec 26, 2015 |
voltron: Nigeria has free USD20bn coming every year from diaspora . Nigerians working abroad are now contributing more than oil for the first time in 50 years, so any stupid Niger Delta youth still shouting our oil, our oil should wise up real fast real hard. This is the year to get out of the stupidity business. Laziness, corruption , slackness, lack of resourcefulness....they are being purged from us by God himself not Buhari. 9 Likes |
Re: Crude Oil Price Could Fall To $20 In 2016 – IMF by kings09(m): 7:33pm On Dec 26, 2015 |
U realize dat cld hv bn ur dad...imagine hw u wld feel if peeps called ur dad Retardinho. IMF z jst speculating. Some other body said it might rise. So dnt conclude easily n be careful so dat some words do not come back 2 haunt u. Abiagirl777: 5 Likes |
Re: Crude Oil Price Could Fall To $20 In 2016 – IMF by amunkita(m): 7:35pm On Dec 26, 2015 |
Adminisher: Yes India is going to grow but u re forgetting America re yet to commercialize their oil, Iran is there with Millions of Metric tones of crude they have stored since the Sanctions on them. Saudi/UAE are ready to fall the crude price to expand its customer base which will not be favorable to Nigeria since our production cost is quite high.. 2 Likes 1 Share |
Re: Crude Oil Price Could Fall To $20 In 2016 – IMF by gabicon: 7:36pm On Dec 26, 2015 |
I feel this development is a blessing in disguise we will be forced to think n implement alternative sources of income, my only regret is that GEJ didn't save enough to help us diversify conveniently. I don't see 2016 financial year as a tough one but one laced with opportunity to explore untapped resource. 9 Likes 1 Share |
Re: Crude Oil Price Could Fall To $20 In 2016 – IMF by Dark89: 7:38pm On Dec 26, 2015 |
EternalTruths:borrowing money to finance capital project can neva be a waste, if its judiciously used.....but borrowing to finance recurrent expenditure is just out of it 1 Like |
Re: Crude Oil Price Could Fall To $20 In 2016 – IMF by oathman(m): 7:38pm On Dec 26, 2015 |
InternationalMotherFuckers(IMF) 1 Like |
Re: Crude Oil Price Could Fall To $20 In 2016 – IMF by kings09(m): 7:41pm On Dec 26, 2015 |
Even if he pegs it @ $5, ppl go still talk. Borrowing z normal so far d govt z credible enuf 2 repay it's debts ,even America z world's largest debtor. U neva can tel wat d oil price cld be considering it's instability. I pray he undertakes aggressive development in mechanised agriculture n also Nigerians shld stop consuming foreign-made goods. I believe wit these n provision of infrastructure will help improve our economy EternalTruths: 2 Likes |
Re: Crude Oil Price Could Fall To $20 In 2016 – IMF by Nobody: 7:42pm On Dec 26, 2015 |
Bevista:(11)there will be an increase in the cases of robbery (12)More cases of kidnapping 1 Like 1 Share |
Re: Crude Oil Price Could Fall To $20 In 2016 – IMF by olalat(m): 7:44pm On Dec 26, 2015 |
I'm. Of the opinion that if syria war is put to stop and isil is defeated, oil price will slightly increased. There are a lot of illigal oil trade in that axis as a result of unregulated drilling and looting of reserves of countries under distress in middle east and north africa. If there could be peace in libya, syria and iraq, there will be slight improvement in global oil price. Iran has been selling through surrogate since and they won't like to flood market with their reserve just like that. We are facing the consequence of poor leadership. May God see us through. Alternatively, I see agriculture as another viable mean of revenue source in couple of years. Millions of jobs could be created through this mean only if we realize early enough. We shall overcome as a nation. 3 Likes 2 Shares |
Re: Crude Oil Price Could Fall To $20 In 2016 – IMF by Nobody: 7:45pm On Dec 26, 2015 |
fuckerholic:you just said it all bro...maybe the real leaders would emerge...this is a stupid country that should have embraced true federalism from time immemorial but chose to thrive on tribalism and oppression of supposed minority groups or zones... It's crazy bro... 1 Like |
Re: Crude Oil Price Could Fall To $20 In 2016 – IMF by DMerciful(m): 7:47pm On Dec 26, 2015 |
Bubu promised to stabilise it na! |
Re: Crude Oil Price Could Fall To $20 In 2016 – IMF by kolafas1: 7:48pm On Dec 26, 2015 |
TOEZOFFICIAL:....if na Jonathan weti u think say he for do now to solve d nations problem 2 Likes |
Re: Crude Oil Price Could Fall To $20 In 2016 – IMF by onatisi(m): 7:50pm On Dec 26, 2015 |
roughdiamond:the current price of crude oil is 36$ but the govt used 38$ as its benchmark. 2 Likes |
Re: Crude Oil Price Could Fall To $20 In 2016 – IMF by Remii(m): 7:51pm On Dec 26, 2015 |
EternalTruths:its better to borrow to take care of viable project than borrow to pay salary like we did in 2015 3 Likes 1 Share |
Re: Crude Oil Price Could Fall To $20 In 2016 – IMF by olalat(m): 7:51pm On Dec 26, 2015 |
This tread is not for people like you.its far beyond your iq. Just shot it ok. drberry: 5 Likes |
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