https://sundayeveningreview.com/tags/global-trade/Recent content in Global Trade on Sunday Evening ReviewHugoen-usMon, 27 Jul 2026 06:00:00 -0500https://sundayeveningreview.com/ideas/the-backup-route/Mon, 27 Jul 2026 06:00:00 -0500https://sundayeveningreview.com/ideas/the-backup-route/<p>The number that closed the week was $100.</p> <p>West Texas Intermediate, at the end of trading on Friday, July 25. The first time oil has crossed that threshold in several years. The commodity markets are not infallible (any professional will tell you that), but they are not wrong about direction. When oil crosses $100, it means enough people with enough money on the line have decided the situation underneath warrants the price. Friday said it did.</p>