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  2. Oil Price Information Service - Wikipedia

    en.wikipedia.org/wiki/Oil_Price_Information_Service

    2015 – OPIS acquires NAVX, the leading European and South American provider of retail fuel pricing, parking and Electric Vehicle (EV) charging location information. [10] 2016 – IHS Markit acquires OPIS for $650 Million. [11] 2018 - OPIS acquires Petrochem Wire. [12] 2022 - News Corp acquires OPIS and merges it with Dow Jones [13]

  3. 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 ...

  4. West Texas Intermediate - Wikipedia

    en.wikipedia.org/wiki/West_Texas_Intermediate

    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).

  5. Why OPEC's grip on oil markets will continue to weaken in 2025

    www.aol.com/why-opecs-grip-oil-markets-193512699...

    A gas flame is seen in the desert near the Khurais oilfield, about 160 km (99 miles) from Riyadh. ... indicating a 17% decline from current levels. Higher oil pricing matters to OPEC+ countries ...

  6. Fuel oil - Wikipedia

    en.wikipedia.org/wiki/Fuel_oil

    Number 5 fuel oil is a residual-type industrial heating oil requiring preheating to 77–104 °C (171–219 °F) for proper atomization at the burners. [8] It may be obtained from the heavy gas oil cut, [7] or it may be a blend of residual oil with enough number 2 oil to adjust viscosity until it can be pumped without preheating. [8]

  7. Oil jumps nearly 2% as traders expect China stimulus to boost ...

    www.aol.com/finance/oil-jumps-nearly-2-traders...

    On Monday, prices pulled back after Iran’s president said he’s ready to deescalate tensions with Israel if the other side agreed to the same. Iran produces roughly 3 million barrels of oil a day.

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