[Peakoil] Big oil price move coming soon?

[Alex Pollard]

Hi folks,

I've attached two financial charts. The first shows a
strong inverse correlation between the price of Brent oil (a major UK oil
benchmark price) and the US dollar. It seems to show that when the dollar
is worth less, oil sellers demand a higher price in $US to compensate. So
Brent probably is really the world's benchmark oil price and West Texas
Intermediate can be ignored.

The second chart has some
technical analysis to show that the Brent price is due for a big move
soon. The direction is not evident by that analysis alone, but it would be
big, and soon.

Alex

O4O4873828

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