Tuesday, September 09, 2008

Brent crude oil price back below USD 100

Brent at USD 99.56
The U.S. benchmark is currently above USD 102. The previous article about a similar topic - and peak oil - was written when the Brent price was near the record USD 147.25 per barrel, almost 50% above the current price. Is it fair to call it a bursting bubble?

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