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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.
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 ...
The Canadian Crude Oil Index (CCI) serves as a benchmark for oil produced in Canada. [1] It allows investors to track the price, risk, and volatility of the Canadian commodity. [1] The CCI was launched by Auspice Capital Advisors in 2014. [2] The Index moved from a day end posting to live in January 2016. [1]
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 ...
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JP Morgan analyst John M Royall highlighted key trends for the North American Integrated Oils sector entering 2025, with updates on forecasts, price targets, and ratings on major companies. Rating ...
Ontario was the centre of the Canadian oil industry in the 19th century. It had the oldest commercial oil well in North America (dug by hand in 1858 at Oil Springs, Ontario, a year before the Drake Well was drilled in Pennsylvania), and having the oldest producing oil field in North America (producing crude oil continuously since 1861). However ...
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