Inflation Adjusted Record Low for Oil is 18.90 USD in 1986

Sunday, October 11, 2009

Some analysts predict oil prices could fall to as low as 25 dollars a barrel in the second quarter comparing to the inflation-adjusted record low for Nymex oil is at 18.90 dollars a barrel, hit on April 1, 1986.

In non-adjusted dollar terms, that low was 9.75 dollars a barrel, the only time in NYMEX history that oil fell below 10 dollars a barrel.

When trading crude oil futures or oil ETF`s always look to trade with very low comissions and spreads, otherwise you will completely deplet your trading account.

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