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Oil prices lowered

 
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mick98



Joined: 24 Jan 2009
Posts: 2

PostPosted: Sat Jan 24, 2009 1:24 am    Post subject: Oil prices lowered Reply with quote

Hi all, most of the topics here seem to be old, so I thought I would begin a new one.

The oil prices over the summer months of last year were terrible, thank goodness they have come down to a reasonable level now.

I am sure though it won't be too long before they shoot right back up though, probably when summer of this year comes around and we use our cars for pleasure again.
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emordnilap



Joined: 05 Sep 2007
Posts: 13973
Location: Houǝsʇlʎ' ᴉʇ,s ɹǝɐllʎ uoʇ ʍoɹʇɥ ʇɥǝ ǝɟɟoɹʇ' pou,ʇ ǝʌǝu qoʇɥǝɹ˙

PostPosted: Sat Jan 24, 2009 1:44 am    Post subject: Reply with quote

Hi Mick and welcome.

Am I right in thinking that the oil price is much more volatile these days? The ticker at the bottom of the page is constantly changing by what would be, in the 'old days', quite large percentages, I'm thinking.

Maybe I'm wrong there - did the oil price always jump up and down by a significant percentage? It's now up at around $46, quite a bit higher.
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clv101
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Joined: 24 Nov 2005
Posts: 7634

PostPosted: Sat Jan 24, 2009 1:58 am    Post subject: Reply with quote

Well spotted - the percentage volatility is higher than it's ever been atm.
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