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Re: More Bad News for Russia: The Price of Crude Oil Continues to Fall.

And yet the price of Petrol in Wales contines to rise, up 5 pence a liter in the last 2 weeks.....

For Greg: Re: More Bad News for Russia: The Price of Crude Oil Continues to Fall.

The very strong dollar - which is the currency in which oil is bought and sold - may explain the Wales issue; i.e., the value of the pound is down relative to the dollar. Worth checking, anyway.

The Norwegian krone is down 35% to the dollar. Makes vacations here in the US significantly more expense for Norwegians.

For Greg: Re: More Bad News for Russia: The Price of Crude Oil Continues to Fall.

Pound has risen in the past week or so by about 5 cents...now almost $1.50 to the pound, so not really any reason for the price hikes except that they can get away with it.....

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