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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.
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 ...
Discover the latest breaking news in the U.S. and around the world — politics, weather, entertainment, lifestyle, finance, sports and much more.
Crude oil prices were on a roller coaster ride in 2022, going north of $130 in March amid the Russian invasion of Ukraine.
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 ...
Oil prices fell on Friday and were on track for a fourth straight weekly loss on mounting worries about economic damage from the coronavirus that has spread from China to around 20 countries ...
Oil Price Information Service (OPIS) is a price reporting agency which provides information that is used for commercial contracts and trade settlement related to petroleum, gasoline, diesel, ethanol, biodiesel, LP-gas, jet fuel, crude, natural gas, petrochemicals, recycled plastics, refinery feedstocks, residual fuel, and kerosene.
Average oil price/barrel projections: Citi: Brent $80, WTI $75 "Our base case, by the way, is that oil demand growth next year is going to be around 1.2 or 1.3 million barrels a day.
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