The Bonddad Blog
Still nerdy after all these years
Thursday, October 3, 2013
Oil Is Still At Elevated Levels
For the last several months, oil has been trading between the 102/104 and 108 level. Over the last few trading sessions prices have moved below the 102 level, trending to just above 101. However, prices rebounded strongly yesterday on solid volume.
this has not translated into higher prices at the pump: