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West Texas Intermediate (WTI) is a grade or mix of crude oil; the term is also used to refer to the spot price, the futures price, or assessed price for that oil. In colloquial usage, WTI usually refers to the WTI Crude Oil futures contract traded on the New York Mercantile Exchange (NYMEX).
West Texas Intermediate crude oil rose 2% to $73.17 a barrel. Brent crude , the international benchmark, was up 1.8% to $76.05 a barrel. Gold was up 0.8% to $2,662 an ounce.
Oil prices are headed lower next year. ... rose to $74.60 a barrel on Tuesday and US West Texas Intermediate crude was up at $71.66 a barrel. For the year, Brent declined 3.2%, while WTI was down ...
West Texas Intermediate crude oil ticked lower 0.6% to $69.83 a barrel. Brent crude , the international benchmark, fell 0.5% to $73.17 a barrel. Gold fell 1.7% $2,709 an ounce.
A benchmark crude or marker crude is a crude oil that serves as a reference price for buyers and sellers of crude oil. There are three primary benchmarks, West Texas Intermediate (WTI), Brent Blend , and Dubai Crude .
West Texas Intermediate crude oil rose 2% to $73.11 a barrel. Brent crude , the international benchmark, was up 1.7% to $76.89 a barrel. Gold was up 1.2% to $2,672.70 an ounce.
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 ...