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  2. 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 ...

  3. 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.

  4. File:WTI crude oil prices in recent 10 years.svg - Wikipedia

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

    English: The chart in the figure shows the change in WTI oil prices between 2013 and 2023 (data availability by CNBC). The x-axis of the graph shows dots of different colours for each year, representing the start price, end price, and the highest and lowest prices for each year. y-axis represents the price of oil in US dollars per barrel.

  5. OPEC Reference Basket - Wikipedia

    en.wikipedia.org/wiki/OPEC_Reference_Basket

    The OPEC Reference Basket (ORB), also referred to as the OPEC Basket, is a weighted average of prices for petroleum blends produced by OPEC members. It is used as an important benchmark for crude oil prices. OPEC has often attempted to keep the price of the OPEC Basket between upper and lower limits, by increasing and decreasing production.

  6. Oil sinks 4% as price run-up over Middle East conflict takes ...

    www.aol.com/finance/oil-slips-4-run-amid...

    The average price for unleaded gas in the US was sitting at $3.18 per gallon on Tuesday, according to the latest AAA data, up one penny from Monday. "[Gasoline prices] are rising, but not because ...

  7. Oil 2025: A tailwind for Trump as Wall Street projects lower ...

    www.aol.com/finance/oil-2025-tailwind-trump-wall...

    “There’s a much much larger risk of a big price drop to $50 or $60 than there is to something like the $80+ range," Tom Kloza, OPIS global head of energy analysis told Yahoo Finance.

  8. 1980s oil glut - Wikipedia

    en.wikipedia.org/wiki/1980s_oil_glut

    The 1980s oil glut was a significant surplus of crude oil caused by falling demand following the 1970s energy crisis.The world price of oil had peaked in 1980 at over US$35 per barrel (equivalent to $129 per barrel in 2023 dollars, when adjusted for inflation); it fell in 1986 from $27 to below $10 ($75 to $28 in 2023 dollars).

  9. Oil price forecasts rise on Wall Street as OPEC cuts signal ...

    www.aol.com/finance/oil-price-forecasts-rise...

    A rig hand works on an electric drilling rig for oil producer Civitas Resources, at the Denver suburbs, in Broomfield, Colorado, U.S, December 2, 2021. Picture taken December 2, 2021. REUTERS/Liz ...

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