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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.
Oil prices slide 3% on prospect of more OPEC+ oil
Oil prices fell more than 3% on Thursday on a Financial Times report that Saudi Arabia, the world's top crude exporter, will give up its $100 price target in preparation for raising output, along with OPEC members and allies in December.
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
2h
Oil prices set for weekly loss on prospect of increased supply
Oil futures edged higher in Friday dealings but remained on track for a weekly loss on expectations OPEC+ will boost ...
2h
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 ...
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 ...
22h
on MSN
Oil Prices, Stocks Fall Hard Despite Broad Rally in Commodities
Prices of copper and steel rose as reports emerged that China will add more stimulus measures to boost its economy.
6h
Analysis-US Gulf Coast Oil Prices to Take Center Stage as Exports Dominate
However, not long after the U.S. lifted its ban on crude exports in 2015 amid a shale boom that turned the country into the ...
1d
on MSN
Oil prices fall over 2% on prospects Saudi Arabia to raise output
Oil prices slumped on Thursday, reversing earlier gains, on news Saudi Arabia, the world's biggest crude exporter, will give ...
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