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Oil prices jump to 5-month high over increasing worries of supply crunch stemming from sanctions ... rose nearly 3% to settle at $78.82 per barrel, the highest level since August, while Brent ...
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Motorists in Michigan are paying about $53 for a full 15-gallon tank of gasoline. Michigan gas prices reach 2024 high, likely to increase as demand grows, supply tightens Skip to main content
Oil traders, Houston, 2009 Nominal price of oil from 1861 to 2020 from Our World in Data. The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil ...
The average price of regular unleaded gasoline in Michigan is currently $3.13 per gallon, the American Automobile Association reported Wednesday. In 2023, the state’s average gas price the day ...
The crack spread contract helps refiners to lock-in a crude oil price and heating oil and unleaded gasoline prices simultaneously in order to establish a fixed refining margin. One type of crack spread contract bundles the purchase of three crude oil futures (30,000 barrels) with the sale a month later of two unleaded gasoline futures (20,000 ...
The price Monday for regular unleaded: $3.67. That’s 6 cents more a gallon than this time last month and 11 cents more than a year ago. Michigan gas prices surge ahead of Fourth of July holiday ...
The Bloomberg Commodity Index (BCOM) is a broadly diversified commodity price index distributed by Bloomberg Index Services Limited. The index was originally launched in 1998 as the Dow Jones-AIG Commodity Index ( DJ-AIGCI ) and renamed to Dow Jones-UBS Commodity Index ( DJ-UBSCI ) in 2009, when UBS acquired the index from AIG .