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Brent crude for October delivery fell 51 cents to $76.30 per barrel. Wholesale gasoline for September delivery rose 1 cent to $2.33 a gallon. Closing prices for crude oil, gold and other commodities
Get the Cas Ariba local weather forecast by the hour and the next 10 days.
Get the Cas Ariba local weather forecast by the hour and the next 10 days.
The largest component of the average price of $2.80/gallon of regular grade gasoline in the United States from 2012 through 2021, representing 54.8% of the price of gas, was the price of crude oil. The second largest component during the same period was taxes—federal and state taxes representing 17% of the price of gas.
West Texas Intermediate crude prices hit $90.25 Thursday, surpassing $90 for the first time since last November. The report comes just more than a week after Saudi… Oil prices hit 10-month high
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 ...
Good economic news in the United States contributed to oil reaching its highest price since May on August 17, with Benchmark Crude reaching $96.01, while Brent crude fell slightly to $113.71. [40] Early in September, a mix of bad economic news from the United States and good economic news from Europe caused the price of oil to fall slightly.
A positive demand forecast for China and the United States, along with lower U.S. crude inventories, led to the highest settlement for WTI since March, at $66.08, and Brent, at $69.32. [ 47 ] With continued good economic news in the U.S. as well as lower supplies, WTI had five straight gains ending May 27, with the highest settlement since ...