Oil Prices Today

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Economic growth leads to reduced pressure on the oil market Posted: 01 Dec 2011 04:08 PM PST The weaker global economic growth leads to reduced pressure on the oil market. Result: A significant decline in oil prices. New financial downturn and the growth rate at half-mast in OECD countries … But in this gloomy picture, produced some good news: lower oil prices. Between first August and 16 August the price for Brent [...]

Detecting mispricing in precious metals and crude oil using trailing correlations Posted: 01 Dec 2011 04:05 AM PST Detecting mispricing in precious metals and crude oil using trailing correlations. I asked Agnes, our resident actuarial genius to run some more numbers on the crude oil and commodities correlation series that we had been playing with. Here is what she turned in today before heading home. If you have just arrived, the concept is [...]

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