Oil, evolution of the price

Here you can follow the evolution of the brent oil price in euros. We will be updating the graphic often.

 

 

evolución del precio del petróleo en euros

 

 

The price of oil is usually given in dollars in most of the graphics, but for Europeans and increasingly around the world, the evolution of the price of oil in euros may be important, because the oscillations of the relationship dollar-euro have offset part of the movements in the price of oil during the last years.

This chart can also be followed in the page http://www.relatividad.org/ondas_elliott/petroleo.htm. On the other hand, to try to predict the price of oil, as for anything else, is very difficult, but studies of supply and demand may be useful to approximate. In December 2010 we publish a post with an analysis of supply and demand on oil
I think interesting. Soon we will translate this into different languages.

 

 

 

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