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The West Texas Intermediate (WTI) crude oil is roughly $70 per barrel today. With the CrownRock acquisition, Occidental expects its cash flow per share to total around $4.22 per share.
Oil prices remained well below $80 a barrel, under pressure after Trump said he would be asking Saudi Arabia and OPEC to bring down oil prices. Brent crude futures were a touch higher at $78.54 a ...
West Texas Intermediate crude oil dropped 1.60% to $74.23 a barrel. Brent crude , the international benchmark, was lower by 1.43%, at $77.87 a barrel. Gold declined 0.33% to $2,761.70 an ounce.
HONG KONG (AP) — Asian shares advanced Friday after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate.. U.S. futures edged lower and oil prices fell after U.S. President Donald Trump called on oil-producing countries to reduce the price of crude, which would ease worries about inflation.
Crude prices also sank after Trump called on oil-producing countries to reduce the price of crude, which would ease worries about inflation. The yield on the 10-year Treasury climbed to 4.64% from 4.61% late Wednesday, though it remains below its high from earlier this month. The two-year Treasury yield eased to 4.29% from 4.30% late Wednesday.
Over the past year, the price of Brent Crude, a key global oil benchmark, has been as low as $70.31 and as high as $93.12. Over the past three years, the swing from peak to trough was even greater ...
Crude stocks were higher though stocks at Cushing were still the lowest in three years. [68] The next week was the third down week for WTI, which ended at $80.79, and Brent, which fell to $82.17. The dollar was strong, President Joe Biden was considering releasing oil from the Strategic Petroleum Reserve, and the Federal Reserve was considering ...
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 ...