Crude oil prices today: WTI is trading at $67.30
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors related to U.S. and international supply and demand conditions. For example, the Brent/WTI spread hit nearly $14/bbl in April 2011 when protests sparked market fears of significant oil supply disruptions in the Middle East.
Big energy merchants trading oil cargoes that form the basis of the Brent benchmark have used an obscure clause to reroute ...
"The risk of supply disruptions in the Middle East are being offset by the prospect of production hikes from OPEC. Despite ...
Earlier this week, Saudi Arabia reportedly decided to ramp up its oil production from December, abandoning its earlier target ...
This past month’s movements in oil prices seemed rather severe. Only a few weeks ago, some were talking about Brent oil ...
WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of ...
Oil prices rose on Monday on fears of a widening conflict in the Middle East curtailing Iranian crude supply, but prices were ...
Eni's CEO predicts a Brent crude price recovery to $80 per barrel in Q4, while analysts warn of potential demand slowdowns ...
Oil prices edged lower on Tuesday as a stronger supply outlook and tepid global demand growth outweighed fears over ...
Oil prices were little changed on Monday, but posted a 17% loss for the third quarter as fears that a widening conflict in ...
Israel launched a ground offensive against Hezbollah targets in southern Lebanon on Tuesday in a marked escalation of ...
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