this time last year it was around $77 USD p/b, but the AUD was buying close on .90 USD, the price was less back then for a barrel and it was helped by a strong AUD, now oil is falling back to last years price but the AUD is plunging with it.
right now the AUD is buying .66 USD and a barrel of oil is trading at $83.29USD, so it works out to be around $130 AUD for a barrel of liquid tar.
|