Well, the barrel price for crude oil (as seen on the right hand side here) seems to be struggling to stay in the $70s (at least during my writing of this post).
But then who really knows where things will stand tomorrow, next week, next month (yes, next year)?
We are in the midst of our annual Guess the Closing Price of Light Sweet Crude Oil Contest. Just let us know at news@oxfrodpricneton.com what you think the closing price will be on December 31st 2009 by no later than Friday, December 18th.
Whoever is closest will win a voucher for a free web-based course (a US$175 value and good on any of over 25 titles; choose from oil, natural gas, power, trading, hediging, derivatives or risk maangement).
And while we are on the subject of crude oil, check out two of our bestselling courses coming in January 2010:
Overview of Physical Crude Oil Tradning and Operations (CT)
12-13 January
London
19-20 January
Singapore
25-26 January
Calgary
25-26 January
Houston
Fundamentals of Petroleum Refining - A Non-Technical Introduction (FPR)
14-15 January
London
21-22 January
Singapore
27-28 January
Calgary
27-28 January
Houston
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