Crude Oil Prices, 15 August 2008

Courtesy Reuters, via Upstream Online, the latest crude oil prices:

Daily Crude Oil Prices, 15 August 2008

Daily Crude Oil Prices, 15 August 2008

Y-axis is US$.  It looks like the price is dropping, perhaps in response to decreased demand in the U.S. and elsewhere.  Correlation does not confirm causality, but the two do seem intrinsically linked.

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