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  2. 2017–2019 world oil market chronology - Wikipedia

    en.wikipedia.org/wiki/2017–2019_world_oil...

    Although oil went up 2 percent June 13 after attacks on tankers, for the week oil was down as a result of forecasts for lower worldwide demand, with WTI finishing at $52.51 and Brent at $62.01. [116] The next week WTI rose almost 9 percent for the week, the most since December 2016, to $57.43, the highest finish for the month.

  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. World oil market chronology from 2003 - Wikipedia

    en.wikipedia.org/wiki/World_oil_market...

    In June 2005, crude oil prices broke the psychological barrier of $60 per barrel. From 2005 onwards, the price elasticity of the crude oil market changed significantly. Before 2005 a small increase in oil price lead to an noticeable expansion of the production volume. Later price rises let the production grow only by small numbers.

  5. How oil emerged as a central sticking point in the Trump ...

    www.aol.com/finance/oil-emerged-central-sticking...

    The market anxiety ahead of Donald Trump's tariffs deadline focused Friday on oil and gas after the president acknowledged there could be issues including the energy staple in his overall plans.

  6. Oil slides as virus outbreak shakes economic growth predictions

    www.aol.com/news/oil-jumps-declares-emergency...

    Oil prices fell on Friday and were on track for a fourth straight weekly loss on mounting worries about economic damage from the coronavirus that has spread from China to around 20 countries ...

  7. Oil settles flat; markets weigh IEA surplus forecast, rate ...

    www.aol.com/oil-little-changed-demand-weakness...

    NEW YORK (Reuters) -Oil prices settled close to unchanged on Thursday, pressured by a forecast for ample supply in the oil market but supported by rising expectations of a Federal Reserve interest ...

  8. 2020–2022 world oil market chronology - Wikipedia

    en.wikipedia.org/wiki/2020–2022_world_oil...

    Over the next three days, the increase in oil prices erased the previous week's losses. WTI climbed to $68.36 and Brent to $72.25 on August 25. Fuel demand in the U.S. was the highest since before the pandemic, U.S. crude inventories were the lowest since January 2020, and China reported fewer new COVID-19 cases. [59]

  9. Oil slides 2% as OPEC lowers demand forecast, China ... - AOL

    www.aol.com/finance/oil-slides-2-opec-lowers...

    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 ...

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