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About 150 years of oil history in graphs. Strategists Jim Reid and Nick Burns did so with straightforward charts published April 22 that shows both the nominal price of oil since 1870 and the cost of crude in real, or inflation-adjusted, terms in U.S. dollars (see chart below):
About 150 years of oil-price history: This one chart illustrates crude’s spectacular plunge below $0 a barrel
The formerly unthinkable drop in oil prices below $0 a barrel on Monday is still reverberating through financial markets, as supply overwhelms demand...
www.marketwatch.com