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From the EIA: The last plotted Brent price (August 25) is below $90. November NYMEX futures is over $95 as of 7pm CT:
Latest Kalshi estimates on re-opening by September 1: Figure 1: Oil price, Brent $/bbl (black, left scale), cash NYMEX for 7/17 (gray +), and Kalshi prediction of Sept 1 re-opening...
At least through Monday.
Including Everyday Price Indexâ„¢. Nowcast suggests accelerating inflation in m/m August CPI: Figure 1: CPI (blue), CPI-wage earners and clerical workers (purple), chained CPI (gre...
The Brent crude price chart per barrel, expressed in dollars, is always interesting, and this was the view from the FT last night: The recent Read the full article...
The price of a barrel of Brent crude, the international standard, dropped 6.2% to $86.01.
The price for a barrel of Brent crude rose 2.4% to $90.62 on Aug. 17 in what counts as a relatively modest move compared with its jagged recent swings.
Currie's framing positions commodities as the asset class that benefits from both sides of the current macro backdrop, physical scarcity pushing prices higher and financial repress...
Brent crude, the international standard, 1.5% to $86.79 per barrel after rising earlier. It was trading around $72 a barrel in late February, before the Iran war began.
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