When did you do something completely contrary to a popular trend? And then placed a fortune to bet on it and pulled it off? This is about a country that did it. Not once. But a dozen times. Oil prices were on fire in 2008. Rates breached the $100 a barrel mark in Jan ’08. After a minor dip in Feb – they charged to $103.05, $111.8, $119.93, $135.09 and in July ‘08 they hit $147.27 a barrel. Insatiable demand, they said. $200 a barrel was striking close.
The Hacienda Hedge
The Hacienda Hedge
The Hacienda Hedge
When did you do something completely contrary to a popular trend? And then placed a fortune to bet on it and pulled it off? This is about a country that did it. Not once. But a dozen times. Oil prices were on fire in 2008. Rates breached the $100 a barrel mark in Jan ’08. After a minor dip in Feb – they charged to $103.05, $111.8, $119.93, $135.09 and in July ‘08 they hit $147.27 a barrel. Insatiable demand, they said. $200 a barrel was striking close.