“The orange line on that chart, what I've done is I've bootstrapped a crude price from diesel prices. So the equivalent oil price, looking at diesel, is over $160 a barrel.”
♫
Said on Monetary Matters with Jack Farley
“Brent crude is currently trading at just over $95 a barrel, down more than 8% today alone. It was trading at $117 a barrel on Friday, just five days ago.”
World Business Report · After the blue wave, what happens to the US economy?
Play from 10:39
10:39
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What was described
reported Brent crude price drop
$95 a barrel, down more than 8% today; $117 a barrel five days ago
Said nearby on the same subject
“Brent is $100… tanker cost $35… plus $50-$60 a barrel for carrier strike groups… total price already $200 a barrel.”
JB
Jim Bianco
Monetary Matters with Jack Farley ·
“When we apply NVIDIA's current price-to-sales multiple to Anthropic, the AI Labs valuation drops to roughly $1 trillion.”
♫
Said on Prof G Markets
“Suspend the federal gas tax and the federal diesel tax, which would immediately drop the price of gas by 18 cents a gallon for Texans… save those who use diesel about $200 a year.”
♫
Said on The Daily
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