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Wild Oscilations in oil prices

We must expect a period of high volatility in prices – difficult times for management and government ahead. «The coming phase will be chaotic and unpredictable.» An interview with the Italian Ugo Bardi.

The reverse oil shock

It’s temporary – but it’s a reverse oil shock. Peakists (analysts based on the peak oil model) were surprised with the swing – some of them continue completely bullish until the downtrend was sound evidence. From near $145 ($143.95, July 3) a barrel (Brent Spot price) just five months ago to $50 – the barrel got crazy. An interview with Rembrandt Koppelaar, editor of The Oil Drum