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Crude oil prices today
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.
Why oil prices have plunged 3% today
The kingdom is resigning itself to a period a lower prices, sources told the FT. Oil markets spiraled on the news, falling as much as 4% on Thursday. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview
WTI Houston Crude Prices Gain Prominence as U.S. Oil Exports Jump
The surge in U.S. crude oil exports has made WTI Midland a more influential benchmark in the global oil market, leading to increased trading activity in Houston.
2d
Crude oil prices today: WTI prices are down 2.39% today
WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of ...
9h
on MSN
Oil ends at 2-week low after report Saudi Arabia to scrap price target, boost output
Oil futures on Thursday ended at their lowest in about two weeks, pressured after the Financial Times reported that Saudi ...
16h
US Gulf Coast oil prices to take center stage as exports dominate
Rising U.S. crude oil exports are boosting the prominence of Gulf Coast price benchmarks and buoying trading volumes on ...
10h
Oil Is Down 7% This Year: Is The Recent Slump A Portent Of Things To Come?
Oil slumped again on reports of the Saudis moving to defend their market share. But lower prices may likely persist ...
8h
on MSN
Oil Price Expected to Weaken If OPEC+ Hikes Supply
Expectations that the OPEC and its allies will start unwinding voluntary output curbs of 2.2 million barrels a day starting ...
Crude Oil Prices
2h
Oil and Gas Boom Fuels U.S. Methane Surge
Despite federal efforts to reduce methane emissions, the U.S. continues to struggle with a growing methane problem, fueled by ...
1d
Crude Oil tests pivotal support on plunge after Saudi Arabia gives up $100 target
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 Today
4d
Why the drastic crude oil price drop raises hopes of a fuel price cut in India
India, a big importer of crude, will gain from the falling prices, but consumers stand to benefit only if the Centre and the ...
Crude Oil Prices
1d
Germany Wants More Kazakh Oil
Media reported this week that the German government had asked its Kazakh counterparts to more than double the flow of crude ...
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