Mantra Energy Management Ltd > Graphs & Charts > Energy Chart - Oil Prices Increase

Energy Chart - Oil Prices Increase



This trend chart shows the price of oil has been more than 3 times the rate it was at the end of 2001.  The spot price has dropped to around $60 a barrel recently (Feb-Mar 2007), but don't expect a price reduction to less than $50 because global volatility will keep the price per barrel high.

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