European Tribune - Comments - Oil prices in Euros [UPDATED]

Oil prices in Euros [UPDATED] | 14 comments (14 topical, editorial, 0 hidden)

I noticed that I still had "futures" in the diagram titles - diagrams now replaced with corrected titles.

_{*Lunatic*, n.

One whose delusions are out of fashion.}

by DoDo on Fri Oct 26th, 2007 at 04:47:59 PM EST

Re: Oil prices in Euros (none / 1)

Bonus graph: exchange rate history.

_{*Lunatic*, n.

One whose delusions are out of fashion.}

by DoDo on Sat Oct 27th, 2007 at 03:29:06 AM EST
[ Parent ]

DM vs ECU (none / 1)

So which of the two did you use for the above graphs? And which one should be used? After all, the euro is more the successor of the DM than of the ECU...

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Sun Oct 28th, 2007 at 08:48:01 AM EST
[ Parent ]

Re: DM vs ECU (none / 1)

I used the ECU, as stated below the fold. For an economic area comparison, I'd consider it more an origin of the Euro than the DM.

But I will generate €(DEM) oil price graphs too, as well as the trends since 2004 for kcurie, after I finished the diary I am now writing.

_{*Lunatic*, n.

One whose delusions are out of fashion.}

by DoDo on Sun Oct 28th, 2007 at 09:08:39 AM EST
[ Parent ]

Re: DM vs ECU (none / 1)

The one benefit of using the DEM is that I will be able to generate CPI-corrected diagrams, too.

_{*Lunatic*, n.

One whose delusions are out of fashion.}

by DoDo on Sun Oct 28th, 2007 at 09:11:11 AM EST
[ Parent ]

Re: DM vs ECU (none / 1)

Now done. It's interesting how stable inflation-corrected oil prices were for est Germany in the first half of the eighties, in the €60-80 band most of the time. We're still a long way from exceeding those peaks.

_{*Lunatic*, n.

One whose delusions are out of fashion.}

by DoDo on Mon Oct 29th, 2007 at 02:56:52 PM EST
[ Parent ]

Re: DM vs ECU (none / 1)

I now replaced the 1978-2007 diagram with an 1971-2007 diagram that has both the values with ECU pegging and those with DEM pegging. I will do the inflation-corrected graphs (only those deflated with CPI, unless you have a good set of data for both DEM and $ for better deflators) later today.

_{*Lunatic*, n.

One whose delusions are out of fashion.}

by DoDo on Mon Oct 29th, 2007 at 04:39:33 AM EST
[ Parent ]

Oil prices in Euros [UPDATED] | 14 comments (14 topical, 0 editorial, 0 hidden)

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