Commentary 7/8, 2006
What’s Your Excuse?
It’s probably no surprise to anyone that a quick glace at current headlines inevitably reveals yet another declaration concerning the price of oil. In some ways this should be no surprise – as a commodity, the price of oil is of continuous interest to traders. And over the last 30 years we’ve seen a number of price spikes on several occasions due to very real, long-term crises that occurred when demand outstripped supply.