• Steve H. Hanke
    05/04/2016 - 08:00
    Authored by Steve H. Hanke of The Johns Hopkins University. Follow him on Twitter @Steve_Hanke. A few weeks ago, the Monetary Authority of Singapore (MAS) sprang a surprise. It announced that a...

On This Day In History, Crude Oil Has Never Been More Expensive

Tyler Durden's picture




 

We are sure this is just a 'transitory' storm-in-a-teacup, but for those who 'use' energy, the price of the most important raw material in the world has never been higher on this day of the year than it is today... must be all this growth?

 

 

But of course, there's still plenty of 'absolute' uspide...

 

Data: Bloomberg

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