Crude oil prices today: WTI is trading at $68.42
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.
Midland Reporter-Telegram on MSN1h
Crude oil prices drop 5% amid weak demand concerns; natural gas risesMarket fundamentals provided headwinds for crude prices this week as oil prices reversed last week’s gains and posted a 5% weekly decline. Traders focused this week on possible weak demand from China ...
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She is a FINRA Series 7, 63, and 66 license holder. The oil market in 2020 was turned on its head by two major forces: the price war between Russia and Saudi Arabia, and the sharp global economic ...
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