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Brent crude futures 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 0.1%. For the year ...
LONDON/SINGAPORE (Reuters) -Gold, oil, and haven assets from the Swiss franc to German government debt headed for strong weekly gains on Friday after the Russia-Ukraine conflict escalated, while ...
Crude oil makes up about half the price of a gallon of gasoline, making crude the key factor on top of distribution costs and taxes. Motorists in Europe see far smaller fluctuations because taxes ...
Oil prices cooled on Monday, despite Iran launching an unprecedented attack on Israel over the weekend. The price of Brent crude fell to settle at $90.10, while US WTI crude dropped to settle at ...
In the near term, as far as the demand for crude oil markets, it’s been a little different. Last month imports fell by about 10% from the month prior, and there’s been a year-over-year drop of ...
The dead, stabilized crude flows to tanks for storage or to a pipeline for transport to customers such as an oil refinery. [3] [4] [7] The stabilization tower may typically operate at approximately 50 to 200 psig (345 – 1378 kPa). [5] Where the crude oil contains high levels of hydrogen sulphide (H 2 S) a sour
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Gold, oil come off boil as Middle East risks, US rates in focus ... Oil prices took a breather, with Brent crude futures 0.3% lower at $81.15 a barrel, while U.S. crude futures eased 0.5% to $77. ...