bulk oil - 55 gallon drum - prices

Discussion in 'Trucks [ Eighteen Wheelers ]' started by rollin coal, Oct 6, 2017.

  1. Shaggy76

    Shaggy76 Heavy Load Member

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    Feb 22, 2012
    Orlando, FL
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  3. Dirty-Low-Walker

    Dirty-Low-Walker Medium Load Member

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    Dec 17, 2013
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    Funny how when crude prices dropped engine, hyd, gear oils never dropped as low as Crude.
    Its the speculators that have drove prices up since May and they use every reason to jump in and drive the prices up, but usually they short it and exit under the 30 day line so they don't have to use there own money, and by shorting it they get more money when they sell out, but lately they are staying in and buying more which will keep prices high or higher and will only drop it they decide to sell.
     
    Oxbow Thanks this.
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