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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. Why oil prices have plunged 3% today - AOL

   www.aol.com/why-oil-prices-plunged-3-164258897.html

   Why oil prices have plunged 3% today. Filip De Mott. September 26, 2024 at 9:42 AM. A gas flame is seen in the desert near the Khurais oilfield, about 160 km (99 miles) from Riyadh.

4. West Texas Intermediate - Wikipedia

   en.wikipedia.org/wiki/West_Texas_Intermediate

   West Texas Intermediate (WTI) is a grade or mix of crude oil; the term is also used to refer to the spot price, the futures price, or assessed price for that oil. In colloquial usage, WTI usually refers to the WTI Crude Oil futures contract traded on the New York Mercantile Exchange (NYMEX).

5. Oil prices jump to 5-month high over increasing worries of ...

   www.aol.com/finance/oil-prices-jump-5-month...

   Oil extended gains as markets priced the supply impact of recently announced sanctions against Russia's energy market. Oil prices jump to 5-month high over increasing worries of supply crunch ...

6. Oil prices top $90 per barrel for first time since November ...

   www.aol.com/finance/oil-prices-top-90-per...

   Oil derivatives like gasoline and jet fuel have been on the rise, too. On Thursday, Delta was the latest airline to warn of lower profits due to higher maintenance cost and jet fuel prices.The ...

7. Benchmark (crude oil) - Wikipedia

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

   For many years it was the only freely traded oil in the Middle East, but gradually a spot market has developed in Omani crude as well. For many years, most of the oil producers in the Middle East have taken the monthly spot price average of Dubai and Oman as the benchmark for sales to the Far East (WTI and Brent futures prices are used for ...

8. Why ExxonMobil, ConocoPhillips, and BP Stocks Dropped Today - AOL

   www.aol.com/why-exxonmobil-conocophillips-bp...

   Aiming to stabilize oil prices in the wake of a production cut from Libya, OPEC+ is reported to be planning to gradually increase production beginning in October, a move that would increase oil ...

9. 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.