Originally Posted by PhilH
I'm well aware of the difference between Brent Crude and West Texas Intermediate (the US benchmark quoted off NYMEX) and I took this into account, the peak for WTI was somewhere over the USD 55 mark.
Fair enough, I didn't realise you had.
Actually the funny thing to me is that as the price of oil crept up ever so slightly we would get almost daily news reports about how the price of crude was on the up and hitting record highs etc. Yet it has dropped a huge amount and the media are very quiet about it.....