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.
The price of oil is the most important value on the international commodity markets. Crude oil is the most important commodity and emerging industrial markets such as China, India and Latin ...
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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 ...
Oil futures declined on Friday with expectations for a supply surplus next year, strength in the U.S. dollar, and continued ...
U.S. crude oil prices rose slightly on Thursday, with the West Texas Intermediate (WTI) December contract closing at $68.70 per barrel, up 27 cents or 0.4%, while Brent crude futures for January ...
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