Thursday, April 4, 2024

Oil prices are going up 3% per month

 


I am starting on 12/1/23 when they were 74.07.  I have 5 data points where they don't hit exactly but they are close.  Today (April 4), oil is at 86.96, which is 17% higher.  The trend may not continue, but as of now and since December 1, the price is consistently rising.

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