ANALYSIS, COMMENTS, THOUGHTS, AND OTHER OBSERVATIONS IN DR. SKOSPLES' NATIONAL INCOME AND BUSINESS CYCLES COURSE AT OHIO WESLEYAN UNIVERSITY
Saturday, February 20, 2010
Oil prices gain 3.6% for the week
This article reports the recent price of crude Oil, and gives an analysis about the fluctuation of Oil prices. It talks what information could be reflected from the changes of Oil price. Also, it explains what factors influence the price of crude oil. For example, it points out that the price of crude oil is influenced by the stronger dollar early Friday, a day after the discount rate increased to 0.75%. At the end of this article, this report also mentions that the gas price is influenced by the price of crude oil.
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