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 finished higher on Friday to modestly pare back their weekly loss from expectations OPEC+ will boost production ...
Prices of copper and steel rose as reports emerged that China will add more stimulus measures to boost its economy.
The kingdom is resigning itself to a period a lower prices, sources told the FT. Oil markets spiraled on the news, falling as ...
WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of ...
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 ...
Oil prices turned sharply lower Thursday, on waning hope that supply cuts from the OPEC+ cartel and Chinese economic stimulus ...
When oil prices recover, as they always have, Chevron reduces its leverage in preparation for the next downturn. Conservative ...
Oil prices are set for a weekly drop due to a combination of factors, including the Libyan oil production agreement, Saudi Arabia's potential shift away from a $100 per barrel target, and OPEC+ plans ...
(KMAland) -- The Federal Reserve cut interest rates by half a point, a little larger than some economists had expected. With ...
Despite a “widening war” in the Middle East and the Opec cartel’s “best efforts” to cap supply, oil prices just keep on ...
Oil prices slumped on Thursday, reversing earlier gains, on news Saudi Arabia, the world's biggest crude exporter, will give ...
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