Crude oil prices today: WTI is trading at $70.98
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.
The U.S. is seeking to buy up to 6 million barrels of oil to help replenish the Strategic Petroleum Reserve after a historic ...
U.S. crude oil is down more than 13% this quarter, while Brent has fallen nearly 16% as demand slows in China.
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Russian oil prices fall below $60 per barrel for first time in 2024Urals crude was priced at $57.44 per barrel in Primorsk and $57.79 per barrel in Ust-Luga, while in Novorossiysk it was ...
The Biden administration will seek up to 6 million barrels of oil for the Strategic Petroleum Reserve, a source familiar with ...
The DOE said it has bought more than 50 million barrels so far at an average price of $76 a barrel. The SPR held 380.6 barrels of oil as of Sept. 13, according to the U.S. Energy Information ...
Oil consumers posted one of the largest hedging additions on record when prices briefly fell below $70 a barrel last week.
The Norwegian Road Federation (OVF) stated that out of 2.8 million private vehicles registered in the wealthy Scandinavian ...
Chevron offers strong shareholder returns with a 4.5% dividend yield and aggressive buybacks, translating to a 9.2% ...
Libya’s oil exports have risen over the past week even though authorities in the east of the country haven’t lifted ...
Oil prices edged lower on Tuesday, as fears of weaker demand in China weighed on market sentiment, while focus turned to the ...
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