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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. Oil prices slip as 'demand picture remains in question' amid ...

    www.aol.com/finance/oil-prices-slip-demand...

    Oil gained as much as 1% on Friday amid supply worries after Treasury Secretary Scott Bessent told Fox Business, "We are committed to bringing the Iranians to going back to 100,000 barrels per day ...

  4. Oil slides as Trump weighs tariffs, signs executive orders to ...

    www.aol.com/finance/oil-slides-trump-weighs...

    Oil prices slid on Tuesday after President Donald Trump signed executive orders aimed at unleashing US production and hinted at tariffs against trading partners Canada and Mexico, sparking fears ...

  5. 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.

  6. 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).

  7. Oil price forecasts rise on Wall Street as OPEC cuts signal ...

    www.aol.com/finance/oil-price-forecasts-rise...

    Wall Street is raising its forecasts on oil prices following a surprise OPEC+ announcement to cut production. The output reduction by some of the world's largest exporters, described by one ...

  8. Benchmark (crude oil) - Wikipedia

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

    A benchmark crude or marker crude is a crude oil that serves as a reference price for buyers and sellers of crude oil. There are three primary benchmarks, West Texas Intermediate (WTI), Brent Blend , and Dubai Crude .

  9. S&P Global Commodity Insights - Wikipedia

    en.wikipedia.org/wiki/S&P_Global_Commodity_Insights

    S&P Global Commodity Insights is a provider of energy and commodities information and a source of benchmark price assessments in the physical commodity markets.The business was started with the foundation in 1909 of the magazine National Petroleum News by Warren C. Platt.

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