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Crude oil markets rallied a bit during the trading session on Thursday again, as we await the results of the OPEC meeting. That being said, the market is also approaching the top of an important ...
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 ...
Oil prices fell 2% on Monday after China’s stimulatory plans failed to impress traders and oil alliance OPEC lowered its demand forecast. West Texas Intermediate closed at $73.83 per barrel ...
Crude oil markets continue to move to the upside on the idea of increased demand, as OPEC recently suggested that demand is going to pick up through the rest of the year.
On Monday, West Texas Intermediate edged higher, trading just above $77 per barrel.Brent crude gained fractionally, hovering above $82 per barrel.The current oil price level is a stark difference ...
Crude oil markets pulled back a bit during the trading session on Wednesday, reaching towards the round figure underneath before bouncing slightly. That being said, there are a lot of crosswinds ...
The crude oil markets were all over the place during the trading session on Wednesday, as the inventory number came out much more weak than anticipated. However, the weekly inventory number tends ...
Crude oil markets are waiting what OPEC will do about production as a major meeting is going on to decide whether or not the production cuts will be continued.