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.
Oil ends more than 1% higher on US rate cut, declining crude stockpiles
Oil prices extended their recent recovery rally and rose more than 1% on Thursday as a large cut in U.S. interest rates and declining global stockpiles helped offset some of the demand concerns arising from weak consumption in China.
The number of sanctioned ships carrying Russian oil grew sixfold last month compared to levels in April, Bloomberg ship data ...
U.S. crude oil stockpiles fell while gasoline and distillate inventories rose last week, the Energy Information ...
A combination of bullish news including inventory drawdowns, supply outages and a large Fed interest rate cut sent oil prices ...
The fire at Greece’s Agioi Theodoroi oil refinery earlier this week occurred in one of two key crude processing units at the ...
India's Tata Steel has invested 270 billion rupees ($3.23 billion) to expand crude steel capacity at its facility in the ...
A fire broke out at Greece's Agioi Theodoroi oil refinery on September 17, disrupting operations at one of its two key crude ...
Yahya Sinwar’s use low-tech communications has vexed Israel’s efforts to kill him.
Matt Legg has recalled the shocking piece of advice that he received from former world champion Tyson Fury ahead of his own ...
The blue-chip Dow was on pace to ink a milestone, a day after the Federal Reserve cut interest rates in a big way. The Dow Jones Industrial Average was up 1.3%, at last check, trading near 42,030.
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