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April 17, 2008


Crude Over 800 a Barrel

800 Chinese Yuan, of course. These are weekly charts I like to look at: crude denominated in Euros (EUR), Chinese Yuan (CNY), and Dollars (USD). I’ve marked the percentage moves off the January 2007 low: crude is up 87.48% in Euro terms, 107.61% in Yuan terms, and 130.88% in Dollar terms, over that time.


Click to enlarge (Crude Oil futures, CNY-denominated)



Click to enlarge (Crude Oil, futures, EUR-denominated)



Click to enlarge (Crude Oil, futures, USD-denominated)



Related:

Gold and Crude in Dollars, Euros, and Yuan (March 13, 2008)

Long Term Look at Crude Oil Prices (in both USD and CNY) (September 13, 2007)

This entry was posted on Thursday, April 17th, 2008 at 4:58 pm (utc+8) and is filed under Energies.

3 Responses to “Crude Over 800 a Barrel”

  1. shak said:
    April 17th, 2008 at 11:35 pm

    So… here is the million dollar question… do you think the high oil price can sustain ?

  2. POP said:
    April 18th, 2008 at 6:14 am

    cool site, nice info and charts.

    oil at $115 …. short the USO!

  3. C. Maoxian said:
    April 18th, 2008 at 6:39 am

    @shak: I don’t think, I just follow the trend.

    @POP: You’re fighting the tape.

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