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Brent crude oil, the international benchmark price, fell by 4.63% to close at $77.42 per barrel. Over the last month, WTI crude oil is down more than 16% while the price of Brent crude is off more ...
US oil prices notched their seventh straight week of ... Libya doesn’t have a quota and is now producing about 1.1 million barrels of oil per day. Iran is producing 3.2 million, and the oil ...
On Wednesday, West Texas Intermediate futures hovered around $72 per barrel, while Brent , the international benchmark, traded just above $75 per barrel. Oil, which is invoiced in dollars, sank as ...
Brent futures closed lower at $76.80 per barrel. Oil prices pared back earlier gains after the latest Energy Information Administration data showed a surprise crude build of 1.34 million barrels ...
According to a January 2020 EIA report, the average price of Brent crude oil in 2019 was $64 per barrel compared to $71 per barrel in 2018. The average price of WTI crude oil was $57 per barrel in 2019 compared to $64 in 2018. [91] On 20 April 2020, WTI Crude futures contracts dropped below $0 for the first time in history, [110] and the ...
That acquisition will add $1 billion to the company's annual free cash flow, assuming oil prices average around $70 a barrel. Unfortunately for Occidental, crude prices have recently slumped below ...
After strengthening to a recent high north of $77, West Texas Intermediate (WTI) crude oil prices turned tail and began falling last week. At roughly $70.60 per barrel, crude oil today costs 9% ...
Benchmark U.S. crude oil for September delivery fell 58 cents to $72.94 per barrel Monday. Brent crude for October delivery fell 51 cents to $76.30 per barrel. Wholesale gasoline for September ...