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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 markets spiraled on the news, falling as much as 4% on Thursday. A report that Saudi Arabia would ditch its unofficial crude price target sent crude oil prices sharply lower on Thursday.
On the winning side of Wall Street were oil-and-gas companies after the price of oil climbed. A barrel of benchmark U.S. crude rose 2.9% to $78.82, while Brent crude climbed 1.6% to $81.01.
Oil prices slid on Tuesday after President Donald Trump signed executive orders aimed at unleashing ... Click here for in-depth analysis of the latest stock market news and events moving stock prices.
Oil futures were up. West Texas Intermediate crude oil rose 1.3% to $77.84 a barrel. Brent crude, the international benchmark, increased 1% to $80.49 a barrel. Gold was higher by 0.45% to $2,485 ...
Positive economic news in the U.S. contributed to an increase in the price of oil for April, with WTI ending the month at $63.58, up 2.3 percent for the week and 7.5 percent for the month, while Brent finished at $67.25, up 1.7 percent and 5.8 percent.