Petroleum: $61.78/bbl (Wyoming crude become unecomic at $59.00/bbl).
Coal: Coal 99.40/ton
Coffee (USd/Lbs) 372.60.
Levis at Penny's: $55.65.
April 7, 2025
Petroleum: 60.80/bbl.
One of Trump's minions cited this, fwiw, as evidence that inflation isn't kicking in and things are fine. On the contrary, the price of petroleum is dropping on fears of a recession. A recession reduces oil consumption.
Indeed, because of the bizarre nature of tariffs, trading prices on some things in general may go down, while the price rises for Americans.
April 8, 2025
From the Wall Street Journal yesterday:
It's about $61/bbl this mooring.
cont:
$58.10. Below marketability in Wyoming.
April 9, 2025
Oil opening this morning:
56.03
April 10, 2025
Despite the strong relief rally on Wednesday, following President Trump’s 90-day pause of tariff hikes on most countries except China, the U.S. benchmark oil price is now lower than the breakeven for the shale industry to profitably drill a new well.
OilPrice.com
West Texas is $59.16/bbl.
April 11, 2025
U.S. reached a new record-high of $6.23 per dozen.
Oil is opening at 60.10/bbl.
May 2, 2025
Oil and Natural Gas.
WTI Crude 58.57 -0.67 -1.13%
Brent Crude 61.49 -0.64 -1.03%
Murban Crude 61.41 -0.93 -1.49%
Natural Gas 3.502 +0.023 +0.66%
A note, below $59.00, US crude doesn't move.
The inflation rate right now is 2.39% with the tariffs about to hit.
May 6, 2025
WTI Crude • 58.28 +1.15 +2.01%
Brent Crude • 61.39 +1.16 +1.93%
Murban Crude • 62.20 +2.24 +3.74%
Natural Gas • 3.594 +0.044 +1.24%
Coal: 98.50/ton
Coffee: 388.45
Levis: $55.65.
May 16, 2025
WTI Crude 61.95 +0.33 +0.54%
Brent Crude 64.88 +0.35 +0.54%
Natural Gas 3.345 -0.017 -0.51%
Coal: 99.00/ton
Coffee (USd/Lbs) 373.79
