http://oilinvestingnews.com Objective News on Oil drilling, exploration, and Oil industry investing Thu, 24 May 2012 02:14:47 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 http://oilinvestingnews.com/208-benchmark-august-25.html http://oilinvestingnews.com/208-benchmark-august-25.html#comments Tue, 26 Aug 2008 04:20:50 +0000 Mike Rodger http://www.crudeinvestingnews.com/?p=208 Barrel prices nosed upward of $115 on Monday, largely due to a sagging US dollar. Analyzing this in reference to last week’s barrel and dollar prices shows the extent to which crude is tied to currency differentials. The relationship is not one sided, either. For us Canadians, high oil prices are keeping our dollar near parity with that of our neighbours.

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