Unless oil has a sharp rally today, it's going to go down as the worst one-month performance for the commodity since at least 1986. As shown below, January 1991 ranks a distant second to this month in terms of the worst monthly declines for oil. The Dollar, on the other hand, is having its fourth best month on record (using data going back to 1967), rallying 7.93% through the 30th. March '91, November '78, and October '82 are the only three months where the US Dollar saw bigger gains. For the Dow Jones Industrial Average, as of last night's close, October ranked as the 12th worst monthly decline for the index since 1900.
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