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U.S. Energy Information Administration: World Crude Oil Prices Archived 2008-11-10 at the Wayback Machine; BP Crude Grades; Intertek: Crude Oil Grades and Types; MeGlobalOil: Carriage of Heavy Grade Oil; Statoil.com: Crude oil assays; EnergyIntel.com: The Crude Oils and their Key Characteristics; Capline system crude oil properties and quality ...
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 ...
Because of its excellent liquidity and price transparency, the contract is used as a principal international pricing benchmark. The first futures contracts on crude oil were traded in 1983, with the Chicago Board of Trade (CBOT) and the New York Mercantile Exchange (Nymex) both attempting to take advantage of the government's de-regulation of ...
Get breaking Business News and the latest corporate happenings from AOL. From analysts' forecasts to crude oil updates to everything impacting the stock market, it can all be found here.
S&P Global Commodity Insights is a provider of energy and commodities information and a source of benchmark price assessments in the physical commodity markets.The business was started with the foundation in 1909 of the magazine National Petroleum News by Warren C. Platt.
BP p.l.c. (formerly The British Petroleum Company p.l.c. and BP Amoco p.l.c.; stylised in all lowercase) is a British multinational oil and gas company headquartered in London, England. It is one of the oil and gas " supermajors " and one of the world's largest companies measured by revenues and profits. [ 3 ]
In December 2020, Shell forecast another write-down of $3.5–4.5 billion for the fourth quarter due to lower oil prices, following $16.8 billion of impairment in the second quarter. [ 70 ] In February 2021, Shell announced a loss of $21.7 billion in 2020 due to the COVID-19 pandemic, [ 71 ] despite reducing its operating expenses by 12%, or $4 ...
Brent is the leading global price benchmark for Atlantic basin crude oils. It is used to set the price of two-thirds of the world's internationally traded crude oil supplies. It is one of the two main benchmark prices for purchases of oil worldwide, the other being West Texas Intermediate (WTI).