It's this kind of talk, treating art as if it were an oil future, that makes purists in the art world cringe.
However, campaigners Art Not Oil called BP's involvement "a great shame".
Tensions in the Middle East plus transportation constraints: Where art thou going, oil prices?
The use of oil-based paints on canvas made art accessible as never before.
Worse, with consumer prices sticky in concert with commodity prices that are most sensitive to dollar-price movements, the beneficiaries of the money illusion tend to be the hard, unproductive assets of yesterday (think housing, art, rare stamps, and oil) that are least vulnerable to currency weakness, and which in fact do best when the unit of account is devalued.
And this one is important because of the reasons I just mentioned -- the bottleneck that exists, the glut of oil that exists, and we need to get that oil to the state-of-the-art refineries in the Gulf and get it to market.
Those who practice the fine art of forecasting supply and demand for the oil industry had a banner year.
Qatar is hoping that art-loving tourists will help diversify its oil-centric economy.
Until the mid-1980s, when the oil bust hit and jobs began drying up, Premont was a thriving oil and ranching town with state-of-the-art schools, including a 30-acre agricultural farm and a roping arena.
One particularly hot corner of the market is western art, which took off around 1983, a time of great oil-derived wealth in the Western United States, and continues unabated.
In the years leading up to independence, Indian artists often rejected the styles, techniques and even the oil-on-canvas medium taught by the country's British-bred art schools.
WSJ: Modernist Art From India: The Body Unbound at Rubin Museum
But it was photographed for a project to put all of the UK's oil paintings on the BBC Your Paintings website, where it was seen by an art historian.
Was this toppiness in art transferable to the stock market, prime real estate, even gold and oil?
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