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The Water Cooler
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Oil Price Per BBL
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<blockquote data-quote="Hobbes" data-source="post: 2678227" data-attributes="member: 3371"><p>The Russian ruble is in absolute freefall this morning.</p><p>It has been sinking for weeks but the last 2 days the chart looks like a marble that rolled off a cliff.</p><p></p><p>What can they do?</p><p>If they sell more oil to raise cash reserves the increased oil supply to the market will drive oil prices down even further.</p><p></p><p>WTI is $54.29 this morning.</p></blockquote><p></p>
[QUOTE="Hobbes, post: 2678227, member: 3371"] The Russian ruble is in absolute freefall this morning. It has been sinking for weeks but the last 2 days the chart looks like a marble that rolled off a cliff. What can they do? If they sell more oil to raise cash reserves the increased oil supply to the market will drive oil prices down even further. WTI is $54.29 this morning. [/QUOTE]
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