History question regarding oil prices.
1986? We saw a crash where prices fell to $20.
Between there we see a raise in price and a peak around gulf war time? In September 1990 of $72.
From 90-97 we see prices in the 25-40$ range
But by November of 1998 we see a massive fall to $17.
What happened in 98 for prices to fall 60%?
I can't even find it listed as a crash.
I'm using macrotrends.net for my data.
Submitted May 09, 2017 at 11:49AM by DeadFamilyMan
via reddit https://www.reddit.com/r/economy/comments/6a689j/history_question_regarding_oil_prices/?utm_source=ifttt