Live Oil Prices, Trading Oil Stocks And Crude Oil News - High And Rising? - Record hints at parameter shift in price of oil

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High And Rising? - Record hints at parameter shift in price of oil

The fresh oil record hinted at a parameter shift as the whole crude oil futures curve, which extends to contracts for delivery as far as December 2016, last night settled above $100 a barrel for the first time ever. The upwards jump of the oil curve signals that investors bet that prices would remain high for the foreseeable future. The moves came as the dollar sank through the Y100 mark and

Topic: Oil News Stories

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