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  2. Price of oil - Wikipedia

    en.wikipedia.org/wiki/Price_of_oil

    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 ...

  3. Strategic Petroleum Reserve (United States) - Wikipedia

    en.wikipedia.org/wiki/Strategic_Petroleum...

    The Department of Energy unveiled plans to purchase oil at a price of $79 per barrel or less, but has since purchased oil at higher prices. As of April 2024, further purchases were cancelled due to rising oil prices. [10] [15] According to legislation already in place, the amount of oil in the reserve could fall to 238 million barrels by 2028. [16]

  4. With Crude Prices Around $75 a Barrel, This High-Yielding Oil ...

    www.aol.com/crude-prices-around-75-barrel...

    August 31, 2024 at 2:08 AM. Crude oil prices have bounced around quite a bit this year. They were recently around $75 per barrel, which is about 5% higher than they began the year. It's a great ...

  5. ‘Serious energy deflation’ is coming whether Trump or Harris ...

    www.aol.com/finance/serious-energy-deflation...

    The fall in oil prices has been so rapid that Wall Street analysts have been forced to revise down their forecasts. ... average $75 per barrel in the fourth quarter of this year, $5 lower than the ...

  6. Oil to rise to $90 a barrel this year as tensions in ... - AOL

    www.aol.com/finance/oil-rise-90-barrel-tensions...

    Escalating tensions abroad could push oil prices to roughly $90 per barrel, according to one analyst. Prices weren't too far from those levels on Monday, as Brent hovered above $86 per barrel ...

  7. Brent Crude - Wikipedia

    en.wikipedia.org/wiki/Brent_Crude

    The Brent Crude oil marker is also known as Brent Blend, London Brent and Brent petroleum. This grade is described as light because of its relatively low density, and sweet because of its low sulphur content. Brent is the leading global price benchmark for Atlantic basin crude oils.

  8. Oil could surge to record $157 per barrel if Middle East ...

    www.aol.com/finance/oil-could-surge-record-157...

    In a “large disruption” scenario the global oil supply would fall by 6 million to 8 million barrels per day. That would drive prices up by 56% to 75% initially to between $140 and $157 a ...

  9. List of countries by proven oil reserves - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by...

    Comparison of proven oil reserves from some widely used sources (billions of barrels, 2021) Source. Canada. Iran. Iraq. Russia. Saudi Arabia. United States. Venezuela.

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