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You can now buy 40 barrels of oil for the price of a Freddo bar.
On the left at the top: West Texas oil at almost $60 a barrel.
On the right at the bottom: The same oil at one shiny penny a barrel.
On the right at the bottom: The same oil at one shiny penny a barrel.
Tbh I'd rather the Freddo.
Update: It's now -$10 a barrel.
The Freddo Index is broken. https://twitter.com/CNBCnow/status/1252302376859557891?s=19
The Freddo Index is broken. https://twitter.com/CNBCnow/status/1252302376859557891?s=19
To all of the "that's not how it works" lads rolling in to tell me I couldn't actually buy 40 barrels of oil and have them delivered for the same price as a Freddo: Yes, yes I know. You wise, wise boys.
