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Stocks closed lower on Wall Street after another sharp slide for the price of crude dragged down big oil-and-gas stocks. Treasury yields fell. NEW YORK (AP) — Wall Street is hanging near its ...
U.S. stocks sank, and oil prices slipped amid two key pieces of data: the JOLTS job openings survey, which showed a softening in the labor market, and factory orders data.
West Texas Intermediate crude oil dipped to $70.50 a barrel. Brent crude , the international benchmark, was nearly flat at $73.52 a barrel. Gold fell almost 2% to $2,704.50.
West Texas Intermediate crude oil stayed essentially flat at $68.36 a barrel. Brent crude , the international benchmark, fell by o.22% to $71.99 a barrel. Gold rose 1.2% to $2,718 an ounce.
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 ...
In other dealings, U.S. benchmark crude oil picked up 23 cents to $69.47 per barrel. Brent crude, the international standard, was up 26 cents at $72.58. The dollar traded at 157.07 yen by early ...
Recent jumps in oil prices have likewise turned up the heat on inflation, and crude climbed further Wednesday. Benchmark U.S. crude rallied $3.29 to settle at $93.68 per barrel, up from less than ...
The three most quoted oil products are North America's West Texas Intermediate crude (WTI), North Sea Brent Crude, and the UAE Dubai Crude, and their pricing is used as a barometer for the entire petroleum industry, although, in total, there are 46 key oil exporting countries. Brent Crude is typically priced at about $2 over the WTI Spot price ...