Crude oil prices today: WTI is trading at $71.13
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 ends more than 1% higher on US rate cut, declining crude stockpiles
Oil prices extended their recent recovery rally and rose more than 1% on Thursday as a large cut in U.S. interest rates and declining global stockpiles helped offset some of the demand concerns arising from weak consumption in China.
UBS analysts believe concerns about hurricane disruptions should not discourage investors on crude oil. Brent Crude Oil ...
What is the price of crude oil today? WTI futures traded at $69.14 per barrel, as of 9 a.m. ET. Year to date, WTI prices are down by 5.86%. Brent futures traded at $72.48/bbl, an increase of 1.68% ...
From forecast by Opec+ and expectations of softened demand in US, China, and Asia, to progress on the Gaza ceasefire deal, ...
Brent crude crashed to a three-year low last week. Ahead of the US Federal Reserve policy decision, crude oil is teetering on ...
Brent crude oil prices dropped below $70 a barrel, the lowest since December 2021. OPEC+ downgraded 2024 oil demand growth ...
Brent crude oil price plunges to November 2021 lows on demand worries but supply concerns due to a hurricane hitting the US ...
The West Texas Intermediate for November delivery dropped 63 cents, or 0.89 percent, to settle at 70.37 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for November delivery ...
There are different types of crude oil. The most important type of crude oil used in Europe is Brent Crude, named after the North Sea oilfield where it is extracted. Brent Crude is a ...
Brent crude oil, natural gas and wheat prices all rise on supply concerns.
A Brent Crude futures contract involves the delivery of Brent Crude oil (harvested in the North Sea off the shore of Britain) at a certain price on a certain date. Oil futures are calculated ...
Crude oil prices remained subject to choppy trade in the new week as demand concerns continue to weigh on the commodity.
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