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.
Oil futures on Thursday ended at their lowest in about two weeks, pressured after the Financial Times reported that Saudi ...
WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of ...
Rising U.S. crude oil exports are boosting the prominence of Gulf Coast price benchmarks and buoying trading volumes on ...
Expectations that the OPEC and its allies will start unwinding voluntary output curbs of 2.2 million barrels a day starting ...
Oil slumped again on reports of the Saudis moving to defend their market share. But lower prices may likely persist ...
Saudi Arabia is preparing to abandon its unofficial price target of $100 a barrel for Crude as it prepares to increase output, the Financial Times reported on Thursday, citing people familiar with the ...
India, a big importer of crude, will gain from the falling prices, but consumers stand to benefit only if the Centre and the ...
The intensifying conflict between Israel and Hezbollah has resulted in a small jump in crude prices on Friday afternoon.
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