Crude oil prices flirted with $100 per barrel during the last few days of November 2011. They ended up higher for November 30, 2011. On Wednesday, November 30, 2011, the world’s five major central...

Crude oil prices flirted with $100 per barrel during the last few days of November 2011. They ended up higher for November 30, 2011. On Wednesday, November 30, 2011, the world’s five major central banks (Fed, European Central Bank, Banks of Canada, Japan, and Switzerland) announced a coordinated action to seriously tackle the European sovereign debt crisis.