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Calculated Risk | June 26 2011 9:14 EDT
Earlier:
• Summary for Week Ending June 24th
• Unofficial Problem Bank list at 1,001 Institutions and Transition Matrix
• Schedule for Week of June 26th
Oil prices are down sharply this month - and the announcement last week by the International Energy Agency (IEA) of the release of 60 million barrels of oil from emergency stockpiles (30 million U.S.) pushed oil prices down further.
Brent crude futures fell to $105 per barrel and WTI futures are down to $91 per barrel.
And gasoline prices are still falling. According to GasBuddy.com, prices are now down almost 40 cents per gallon nationally from the recent peak in early May. And it looks like gasoline prices will probably fall some more over the next few weeks ...
| Orange County Historical Gas Price Charts Provided by GasBuddy.com |
Company : Calculated Risk
Website : http://www.calculatedriskblog.com/
About :
Bill McBride (author since Jan 2005), A full time blogger, Mr. McBride retired as a senior executive from a small public company in the '90s. Mr. McBride holds an MBA from the University of California, Irvine, and has a background in management, finance and economics.
