** bloomberg's oil price **

  1. 24,765 Posts.
    I've noticed something quite interesting in the last week or so.

    The futures oil price that Bloomberg is giving us always seems to be 50 cents to 80 cents lower than the price on Kitco. It didn't use to be like that.

    If you've got Pay TV check it out.
    When Kitco was $49.01 Bloomberg gave us $48.35.

    I wonder what's going on? Is some sort of trick being used to tell us all that oil is a little cheaper than it really is?
 
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