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Koon Yew Yin's Blog
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
bsngpg
2,842 posts
Posted by bsngpg > 2014-12-04 10:58 | Report Abuse
I want to learn : cost of crude oil is $75-80/barrel ? Why ?
Hope someone can generously enlighten me.
Q: Years ago, crude oil was around usd40/barrel, yet Petronas made tonne of money for Mahathir’s government to development the country. What was the cost/barrel then ? Since when the cost escalates up to $75-80/barrel ? And why ?
In industry arena, products cost are contained or increased moderately along the years thru many initiatives on cost control. As of why cost of crude oil increases so significantly to the magnitude of >100% ? TQ