Browsing Tag

oil

The bear market in crude

Really quickly here: WTI has traded down into bear market territory today. I see it quoted at $61.38. The high was $76.90. Brent is also down to $71.81 from a high of $86.74. That's not official bear market territory yet. But it's coming…

$200 oil as a black swan

$200 oil was not on any list of probable outcomes I've seen or considered recently. I think it's fair to say that $200 oil - if it were to happen - would be a black swan event. And it would usher in a massive global economic contraction…

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More