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 fell on Wednesday after two sessions of gains after an industry report showed increasing U.S. crude and fuel inventories, ...
A combination of bullish news including inventory drawdowns, supply outages and a large Fed interest rate cut sent oil prices ...
Crude oil prices have crashed despite rapidly dwindling inventories, signaling potential economic weakness ahead.
Tight U.S. supply and Fed rate cuts boost crude oil prices, but weak Chinese demand limits gains. Can WTI break resistance at ...
Crude oil prices are on track for a weekly gain, supported by the Fed's rate cut and a decline in U.S. crude oil inventories, despite ongoing concerns about global demand.
A further slump in weekly average oil prices more than offset a small increase in flows from Russian ports, intensifying ...
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