Crude oil prices today: WTI is trading at $70.98
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors related to U.S. and international supply and demand conditions. For example, the Brent/WTI spread hit nearly $14/bbl in April 2011 when protests sparked market fears of significant oil supply disruptions in the Middle East.
U.S. Crude Oil Stockpiles Seen Down in Week Ended Sept. 13
Commercial crude oil stockpiles are forecast to be down by 1 million barrels, at 418.1 million barrels, for the week ended Sept. 13, according to the average estimate of 10 analysts and traders. Seven expect a decline and three predict an increase.
Oil, Fed
Oil prices rose on Thursday after a large interest rate cut from the U.S. Federal Reserve, but Brent was still hovering ...
The state-run oil marketing companies (OMCs) have not reduced retail petrol and diesel prices despite sinking crude ...
Crude oil prices rise after the Fed’s rate cut, but China’s economic slowdown raises concerns about weaker demand, keeping ...
Saudi Arabia's crude oil exports declined in July due to increased domestic consumption during the summer months, despite a ...
Oil prices rose by a dollar a barrel on Tuesday as supply disruptions mounted and traders bet that demand will grow if the ...
4h
India is the world’s third-largest consumer of crude oil and depends on imports to meet over 85 per cent of its requirement.
A further slump in weekly average oil prices more than offset a small increase in flows from Russian ports, intensifying ...
Oil prices extended gains on Tuesday as the market eyed U.S. output concerns in the aftermath of Hurricane Francine and ...
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