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  2. Price of oil - Wikipedia

    en.wikipedia.org/wiki/Price_of_oil

    The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil —a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil, Isthmus, and Western Canadian Select (WCS).

  3. List of crude oil products - Wikipedia

    en.wikipedia.org/wiki/List_of_crude_oil_products

    The three most quoted oil products are North America 's West Texas Intermediate crude (WTI), North Sea Brent Crude, and the UAE Dubai Crude, and their pricing is used as a barometer for the entire petroleum industry, although, in total, there are 46 key oil exporting countries. Brent Crude is typically priced at about $2 over the WTI Spot price ...

  4. 2020–2022 world oil market chronology - Wikipedia

    en.wikipedia.org/wiki/2020–2022_world_oil...

    WTI ended 2020 at $48.52, down 20.5 percent in its second down year in three years but up 7 percent for the month and more than 20 percent for the quarter. Brent finished at $51.80, down 21.5 percent for the year but up 8.9 percent for December and 26.5 percent for the quarter.

  5. Oil prices are rising despite a rough start to 2024 — here's why

    www.aol.com/finance/oil-prices-rising-despite...

    Oil's bumpy start in 2024 has turned into a steady climb in recent weeks, with futures for West Texas Intermediate ( CL=F) and Brent ( BZ=F) up more than 9% and 7% year to date, respectively. On ...

  6. OPEC Reference Basket - Wikipedia

    en.wikipedia.org/wiki/OPEC_Reference_Basket

    The OPEC Reference Basket ( ORB ), also referred to as the OPEC Basket, is a weighted average of prices for petroleum blends produced by OPEC members. It is used as an important benchmark for crude oil prices. OPEC has often attempted to keep the price of the OPEC Basket between upper and lower limits, by increasing and decreasing production.

  7. Oil price surge is the No. 1 threat to the US economy ... - AOL

    www.aol.com/finance/oil-price-surge-no-1...

    US oil prices surged above $87 a barrel late last week for the first time since late October, leaving them up about 21% this year. “We can digest $85 or $90 oil. If we go over $90 and closer to ...

  8. Indonesian Crude Price - Wikipedia

    en.wikipedia.org/wiki/Indonesian_Crude_Price

    Indonesian Crude Price. , or , is a price index for from . The ICP is determined by Dirjen Migas, based on moving average spot price of a basket of eight internationally traded Indonesia crudes: In some cases ICP is used as index in long term LNG contracts in East Asia. [citation needed]

  9. 2014–2016 world oil market chronology - Wikipedia

    en.wikipedia.org/wiki/2014–2016_world_oil...

    From January 30 to February 3, oil rose 20%, but on February 4, U.S. crude futures fell 8.7% to $48.45, the most in one day since November 28, 2014. Brent crude fell from $59 to $54 two weeks after reaching $45. U.S. inventories were the highest since 1982, while the dollar was recovering from "its worst day in more than a year".

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