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Crude oil prices today: WTI is trading at $67.90
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.
Why oil prices have plunged 3% today
The kingdom is resigning itself to a period a lower prices, sources told the FT. Oil markets spiraled on the news, falling as much as 4% on Thursday. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview
Oil prices slide 3% on prospect of more OPEC+ oil
Oil prices slipped by more than 3% on Thursday on a media report that Saudi Arabia, the world's top crude exporter, will give up its price target in preparation for raising output, and as OPEC+ looked set to raise output in December.
Crude oil prices today: WTI prices are down 2.39% today
Year to date, WTI prices are down by 4.47%. Brent futures traded at $73.42/bbl, a drop of 1.86% in the last 24 hours. Year to date, Brent prices are down by 7.13%. USA TODAY Blueprint may earn a commission from this advertiser.
Crude prices fall, pulling back from highest levels in more than a year
Oil prices surged to their highest level in over a year after crude stocks at a key storage hub fell to their lowest since July last year. The U.S. West Texas Intermediate futures touched $95.03 per barrel,
Crude Prices Retreat on Report of Higher Saudi Arabian Oil Production
Charting, Price Performance, News & Related Contracts.
1h
Analysis-US Gulf Coast Oil Prices to Take Center Stage as Exports Dominate
However, not long after the U.S. lifted its ban on crude exports in 2015 amid a shale boom that turned the country into the ...
16h
on MSN
Oil Prices, Stocks Fall Hard Despite Broad Rally in Commodities
Prices of copper and steel rose as reports emerged that China will add more stimulus measures to boost its economy.
11h
Oil prices fall as expectations of higher supplies hammer market sentiment
Oil prices fell for a third day on Friday, on course to end the week lower, as investors focused on expectations of higher ...
36m
Oil ends at 2-week low after report Saudi Arabia to scrap price target, boost output
Oil futures on Thursday ended at their lowest in about two weeks, pressured after the Financial Times reported that Saudi ...
18h
Oil Prices Retreat Toward Three-Year Lows...Again
Oil prices turned sharply lower Thursday, on waning hope that supply cuts from the OPEC+ cartel and Chinese economic stimulus ...
Crude Oil Prices
4h
Oil Prices Set for a Weekly Loss as Supply Concerns Fade
Oil prices are set for a weekly drop due to a combination of factors, including the Libyan oil production agreement, Saudi Arabia's potential shift away from a $100 per barrel target, and OPEC+ plans ...
7h
Oil’s Record Bearishness Shows Market Increasingly Run by Algos
For the last few weeks, speculators have been wagering against oil prices like never before.
2h
US Gulf Coast oil prices to take center stage as exports dominate
Rising U.S. crude oil exports are boosting the prominence of Gulf Coast price benchmarks and buoying trading volumes on ...
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