szaba
Your post confuses me because the Brent crude oil price is clearly over USD 50/barrel.
Maybe you are you quoting WTI price (apparently rarely used these days)
Brent vs. WTI Crude - Energy and Capital
www.energyandcapital.com/resources/brent-vs-wti
Simply put, the preference for Brent crude today stems from the fact that it may be a better indicator of global oil prices. Brent essentially draws its oil from more ...
Crude Oil & Natural Gas
Commodity Units Price Change % Change Contract Time(ET) 1 Crude Oil (WTI) USD/bbl. 48.24 +3.71 +8.33% Mar 15 17:14:59 2 Crude Oil (Brent) USD/bbl. 52.99 +3.86 +7.86% Mar 15 17:59:58 3 TOCOM Crude Oil JPY/kl 38,850.00 +1,030.00 +2.72% Jul 15 13:59:44 4 NYMEX Natural Gas USD/MMBtu 2.69 -0.03 -1.03% Mar 1
$30 Oil here we come..., page-135
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