Below is some data put out by the Federal Reserve Bank of St. Louis on the average duration of those past declines and the average decline in prices, with a comparison with the current decline.
Saturday, February 21, 2015
This Isn't the First Time Oil Prices Have Declined
Since 1983, there have been 5 major periods of oil price decline (not including the current decline).
Below is some data put out by the Federal Reserve Bank of St. Louis on the average duration of those past declines and the average decline in prices, with a comparison with the current decline.
Below is some data put out by the Federal Reserve Bank of St. Louis on the average duration of those past declines and the average decline in prices, with a comparison with the current decline.
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