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2. Why oil prices have plunged 3% today - AOL

   www.aol.com/why-oil-prices-plunged-3-164258897.html

   Why oil prices have plunged 3% today. Filip De Mott. September 26, 2024 at 12:42 PM. A gas flame is seen in the desert near the Khurais oilfield, about 160 km (99 miles) from Riyadh.

3. List of crude oil products - Wikipedia

   en.wikipedia.org/wiki/List_of_crude_oil_products

   The three most quoted oil products are North America's West Texas Intermediate crude (WTI), North Sea Brent Crude, and the UAE Dubai Crude, and their pricing is used as a barometer for the entire petroleum industry, although, in total, there are 46 key oil exporting countries. Brent Crude is typically priced at about $2 over the WTI Spot price ...

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. Petroleum in the United States - Wikipedia

   en.wikipedia.org/wiki/Petroleum_in_the_United_States

   In 2008, oil prices rose briefly, to as high as $145 per barrel, [25] and U.S. gasoline prices jumped from $1.37 to $2.37 per gallon in 2005, [26] causing a search for alternate sources, and by 2012, less than half the US oil consumption was imported. However, as of January 2015, the price of oil has decreased to around $50 per barrel. [27]

6. Fact-check: Is domestic oil more affordable than imported oil?

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   Discover the latest breaking news in the U.S. and around the world — politics, weather, entertainment, lifestyle, finance, sports and much more.

8. 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]

9. Oil Price Information Service - Wikipedia

   en.wikipedia.org/wiki/Oil_Price_Information_Service

   Oil Price Information Service (OPIS) is a price reporting agency which provides information that is used for commercial contracts and trade settlement related to petroleum, gasoline, diesel, ethanol, biodiesel, LP-gas, jet fuel, crude, natural gas, petrochemicals, recycled plastics, refinery feedstocks, residual fuel, and kerosene.