financial stability risks are evolving as expected in January!!!!
What is a reasonable oil barrel price?This is the break down of an crude barrel. The majority of the output is in jet fuel and gasoline for our cars. An easier comparison is to link the crude price to the gas prices in the market because everybody can see those numbers every day.
One can look at the following chart and implies a reasonable factor between crude price and gas prices.
- Higher demand for gas (summer months)
- Higher supply for oil (Saudi is not happy with Iran)
- Higher pressure from USA or China for cheaper oil during crisis times
- Unexpected market adjustments (short terms only).