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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 ...
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.
Oil prices fell 2% on Monday after China’s stimulatory plans failed to impress traders and oil alliance OPEC lowered its demand forecast. West Texas Intermediate closed at $73.83 per barrel ...
Exclusive-Russian oil refining rises as US sanctions target crude exports - sources. Russian refineries are processing more crude oil in the hope of boosting fuel exports after new U.S. sanctions on Russian tankers and traders made exports of unprocessed crude …
Oil prices fell on a report that Israel will avoid targeting Iranian crude infrastructure. ... oil declined about 2% after commentary from China's Finance Minister over the weekend lacked specific ...
(The data below does not seem to include shale oil and other unconventional sources of oil such as tar sands. For instance, North America has over 3 trillion barrels of shale oil reserves, [ citation needed ] and the majority of oil produced in the US is from shale, leading to the paradoxical data below that the US will finish all its oil at ...
Dubai Crude, also known as Fateh, is a heavy sour crude oil extracted from Dubai.It is produced in the Emirate of Dubai, part of the United Arab Emirates. [5] Dubai's only refinery, at Jebel Ali, takes condensates as feedstocks, and therefore all of Dubai's crude production is exported.
About 21% of the world’s oil flows through the strait, and anything that threatened that supply would send oil prices well above $100 per barrel, and maybe above $150. US gasoline prices would ...