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  2. File:NYMEX Light Sweet Crude Oil prices from 2005 to 2008-12 ...

    en.wikipedia.org/wiki/File:NYMEX_Light_Sweet...

    English: NYMEX Light Sweet Crude Oil daily prices from 2005 to 2008-12-02 in US dollars. Daily prices in United States dollars per barrel on the vertical scale, with year markers on the horizontal scale.

  3. West Texas Intermediate - Wikipedia

    en.wikipedia.org/wiki/West_Texas_Intermediate

    The WTI oil grade is also known as Texas light sweet. Oil produced from any location can be considered WTI if the oil meets the required qualifications. [2] Spot and futures prices of WTI are used as a benchmark in oil pricing. This grade is described as light crude oil because of its low density and sweet because of its low sulfur content.

  4. Sweet crude oil - Wikipedia

    en.wikipedia.org/wiki/Sweet_crude_oil

    Per the "Regions and crude types" discussion above, California production is categorized by its own crude type. Sweet crude oil contains small amounts of hydrogen sulfide and carbon dioxide. High-quality, low-sulfur crude oil is commonly used for processing into gasoline and is in high demand, particularly in industrialized nations.

  5. A New Benchmark in Oil Prices - AOL

    www.aol.com/news/2012-11-26-a-new-benchmark-in...

    Brent Crude, a classification of light sweet crude oil coming from the North Sea region, is due to replace West Texas Intermediate, also known as WTI or Texas light sweet, as the standard in ...

  6. 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 ...

  7. Benchmark (crude oil) - Wikipedia

    en.wikipedia.org/wiki/Benchmark_(crude_oil)

    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 .

  8. Crude oil prices reach highest since October as energy ... - AOL

    www.aol.com/finance/crude-oil-prices-reach...

    Colas noted that when WTI crude prices ranged between $80 and $100 per barrel between 2008 and 2014, XLE typically outperformed. Old rusted oil rig in a field in Galveston, Texas. (Getty Images ...

  9. 2014–2016 world oil market chronology - Wikipedia

    en.wikipedia.org/wiki/2014–2016_world_oil...

    On December 21, Brent crude fell as low as $36.35 a barrel; this was the lowest price since July 2004. [81] U.S. crude rose slightly to $36.14. [82] Gas fell below $2 for the first time since 2009. [83] On December 30 with U.S. supplies still high, light sweet crude fell to $36.60, while Brent crude reached $36.46. Oil ended the year down 30%. [84]