Stories tagged with "wti"

Have Oil Prices Bottomed Out?

This post is an English translation of an article written by Jorge Nascimento Rodrigues and published in the 28th of February in the Economy section of the Journal Expresso, the largest weekly publication in Portugal. It is built on the insight kindly provided by TheOilDrum contributor ace.

Jorge Nascimento Rodrigues is a free-lance journalist and author, editor of JanelaWeb.com and GurusOnline.tv

Crude Oil
February closes with a per barrel price close to $45

Crude oil prices might be back to a mid term bull market, says an Australian analyst. February showed significant price variations from one day to the other and the American variety [WTI] climbed 10%, increasing from $40.78 to $44.76 per barrel.

Oil Prices around the World: Do Exchange Rates Matter?

This is how the story has been running lately:



Figure 1 - Oil prices in United States Dollars

Following is the same story in other important currencies around the World.