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Soaring Dollar, Plunging Oil, Crummy Global Growth | Wolf Street

Soaring Dollar, Plunging Oil, Crummy Global Growth | Wolf Street. This chart juxtaposes the price of Brent crude oil and the US Dollar Index (the outdated currency basket composed of the euro, yen, UK pound, Canadian dollar, Swiss franc, and Swedish krona). As the dollar has soared, the price of Brent crude in dollars has […]

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Brent Crude Tests $80/barrel Price Level on Saudi Comments – WSJ.com

Brent Crude Tests $80/barrel Price Level on Saudi Comments – WSJ.com. Brent crude recouped early losses to trade around the $80 a barrel mark in Asian trade Thursday, after dropping below the key psychological price level earlier in the session. On the New York Mercantile Exchange, light, sweet crude futures for delivery in December traded […]

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Peak Oil Notes – Oct 16

Peak Oil Notes – Oct 16. The price plunge which began in mid-June when New York oil futures trading around $105 a barrel continued this week with oil touching $80 on Wednesday before recovering to close at $81.78. London’s Brent crude underwent a similar collapse to close yesterday at $83.46. Weak demand: increasing US shale […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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