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Message: Re: Price of Oil

Jan 16, 2009 09:08AM

Jan 16, 2009 09:40AM
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Jan 16, 2009 09:49AM

This morning on SEE-Em-BS ( CMBC) they qouted

WTI at just over $34 and Brent at over $47



As I wrote on another forum I suspected this was due to the fact that WTI is priced dominately in new jerk and Brent is priced more globally. If you read Nolan, he believes the US is hammering the price of oil right now to punish the Russians and Iran.


Jan 16, 2009 10:56AM
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