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  2. West Texas Intermediate - Wikipedia

    en.wikipedia.org/wiki/West_Texas_Intermediate

    The volatility of crude oil prices after the US oil price decontrol led to the development of the NYMEX WTI Light Sweet Crude Oil futures contract in 1983. [2] The NYMEX Crude Oil contract trades under the symbol CL on the New York Mercantile Exchange, now part of Chicago Mercantile Exchange. [2] The contract is for 1,000 US barrels, or 42,000 ...

  3. 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 ...

  4. Oil falls nearly 5% as demand worries, inventory builds send ...

    www.aol.com/finance/oil-falls-5-demand-worries...

    On Thursday, West Texas Intermediate crude oil futures fell 4.9% to settle at $72.90 per barrel. Brent ( BZ=F ) crude oil, the international benchmark price, fell by 4.63% to close at $77.42 per ...

  5. Analysis-US Gulf Coast oil prices to take center stage as ...

    www.aol.com/news/analysis-us-gulf-coast-oil...

    Rising U.S. crude oil exports are boosting the prominence of Gulf Coast price benchmarks and buoying trading volumes on Houston contracts, eroding the significance of the Cushing, Oklahoma ...

  6. Crude oil prices reach highest since October as energy stocks ...

    www.aol.com/finance/crude-oil-prices-reach...

    WTI crude oil futures briefly topped $85 per barrel on Tuesday while Brent crude , the international benchmark price, rose above $88 per barrel. The year-to-date rise in oil prices comes amid ...

  7. List of traded commodities - Wikipedia

    en.wikipedia.org/wiki/List_of_traded_commodities

    The following is a list of futures contracts on physically traded commodities. ... WTI Crude Oil: NYMEX, ICE: 1000 bbl (42,000 U.S. gal) ... Heating Oil: NYMEX: 1000 ...

  8. Benchmark (crude oil) - Wikipedia

    en.wikipedia.org/wiki/Benchmark_(crude_oil)

    The first futures contracts on crude oil were traded in 1983, with the Chicago Board of Trade (CBOT) and the New York Mercantile Exchange (Nymex) both attempting to take advantage of the government's de-regulation of crude oil. CBOT's initial contracts had delivery problems, so customers abandoned it for Nymex.

  9. Oil will top out at $95 a barrel going into summer months ...

    www.aol.com/finance/oil-top-95-barrel-going...

    On Wednesday, West Texas Intermediate futures hovered above $86 per barrel while Brent traded around $90 per barrel. Crude prices have pushed higher in recent months amid production cuts by oil ...

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