U.S. Five-Year Inflation Swap and WTI Oil

U.S. Five-Year Inflation Swap and WTI Oil Chart suggesting the correlation between inflation expectations and oil prices. Image: Morgan Stanley Wealth Management

WTI Crude Oil vs. S&P 500 Energy Index

WTI Crude Oil vs. S&P 500 Energy Index U.S. energy stocks continue to trade at low levels relative to crude oil prices. Image: Morgan Stanley Wealth Management

WTI Crude Oil Plunges Below Zero

WTI Crude Oil Plunges Below Zero This chart shows the price of WTI crude oil below zero for the first time in history. Image: Financial Times

WTI Spot Oil Price and Cash Floor

WTI Spot Oil Price and Cash Floor The chart suggests that there is a risk that oil prices move to cash costs. Image: Goldman Sachs Global Investment Research

DM Real GDP and WTI Crude Oil (Leading Indicator)

DM Real GDP and WTI Crude Oil (Leading Indicator) Chart suggesting that the 18-month rate of change of WTI crude oil (inverted) tends to lead DM real GDP by 18 months. Image: Topdown Charts