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Oil Prices around the World: Do Exchange Rates Matter?

Posted by Luis de Sousa on October 22, 2007 - 7:30pm in The Oil Drum: Europe
Topic: Economics/Finance
Tags: brent, currency, oil prices, prices, wti [list all tags]

This is how the story has been running lately:



Figure 1 - Oil prices in United States Dollars

Following is the same story in other important currencies around the World.

This week the WTI index broke its all time records against most of the World's currencies. The Brent benchmark is yet to do that, but it's hanging by a thread.



Figure 2 - Oil prices against the Euro



Figure 3 - Oil prices against the Pound Sterling



Figure 4 - Oil prices against the Japanese Yen



Figure 5 - Oil prices against the Canadian Dollar



Figure 6 - Oil prices against the Swiss Franc



Figure 7 - Oil prices against the Swedish Krona



Figure 8 - Oil prices against the Australian Dollar



Figure 9 - Oil prices against the South African Rand



Figure 10 - Oil prices against the Brasilian Real



Figure 11 - Oil prices against the Chinese Renminbi



Figure 12 - Oil prices against the South African Rand



Figure 13 - Oil prices against the New Zealand Dollar



Figure 14 - Oil prices against the Norwegian Krona



Figure 15 - Oil prices against the Russian Ruble



Figure 16 - Oil prices against a troy ounce of Gold

Previously at TheOilDrum:Europe :
The Cost of Gasoline around the World


Luís de Sousa
The Oil Drum : Europe

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