Online: | |
Visits: | |
Stories: |
by Mike “Mish” Shedlock
MISH’S Global Economic Trend Analysis
The crash in oil prices continues. Here are a couple charts to consider.
West Texas Crude
[...] Brent Crude
[...] West Texas Intermediate broke the $40 barrier to the downside today but is slightly above that level now.
WTI last broke $40 to the downside in 2008 but has not had a monthly close below that level dating back to 2004. Brent is near the $45 mark.
Continue Reading at GlobalEconomicAnalysis.Blogspot.ca…