What is the current oil price today? WTI futures traded at $71.53 per barrel, as of 9 a.m. ET. Year to date, WTI prices are down by 2.60%. Brent futures traded at $75.41/bbl, an increase of 0.13% in ...
What is the price of crude oil today? WTI futures traded at $68.42 per barrel, as of 9 a.m. ET. Year to date, WTI prices are down by 6.84%. Brent futures traded at $72.07/bbl, a drop of 3.42% in the ...
NEW YORK - APRIL 7: Traders work in the oil futures pit at the New York Mercantile Exchange April 7, 2005 in New York City. (Photo by Stephen Chernin/Getty Images) The NYMEX launched the West Texas ...
Since March, China has been adding close to 1 million barrels per day to its reserves. A new Energy Law mandates private firms to hold more crude, boosting national energy security. With storage ...
LAUNCESTON, Australia, July 7 (Reuters) - Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the extra crude, and will the group ...
SINGAPORE, Sept 11 (Reuters) - The global crude oil market is facing two long-term fundamental shifts that will change how cargoes flow around the world and how they are priced. The first factor is a ...
Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Venezuelan output is sliding fast after U.S. tanker seizures and new ...
Farran Powell is the managing editor of investing at Forbes Advisor. She was previously the assistant managing editor of investing at U.S. News & World Report. Her work has appeared in numerous ...
Oil prices are expected to face downward pressures over the next 2 years due to global oil production outpacing demand, according to a report by the US Energy Information Administration. The January ...
Crude oil is historically very undervalued versus gold, with the gold-to-oil ratio near modern record highs above 70x. Market sentiment may be overly bearish on oil, as commercial traders are nearly ...
The U.S. hit a new crude oil production record recently, a data page on the U.S. Energy Information Administration (EIA) website showed. The data page - which displays monthly U.S. field production of ...
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