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Crude Oil prices - Archives
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Crude oil prices – 2006 is shaping up as the year of the seesaw
After soaring to an all-time record high of $78.40 US per barrel in July 2006, the price of light, sweet crude oil sold on the New York Mercantile Exchange plummeted to its lowest level in six months on September 20 when prices fell to $60.47 US a barrel.
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Crude oil and gasoline historical pricing trends
Only weeks after the International Monetary Fund (IMF) warned of a “permanent oil shock” and high energy prices for 20 years to come, crude oil and gasoline prices set new records worldwide.
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