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  2. Sweet crude oil - Wikipedia

    en.wikipedia.org/wiki/Sweet_crude_oil

    Sweet crude oil contains small amounts of hydrogen sulfide and carbon dioxide. High-quality, low-sulfur crude oil is commonly used for processing into gasoline and is in high demand, particularly in industrialized nations. Light sweet crude oil is the most sought-after version of crude oil as it contains a disproportionately large fraction that ...

  3. West Texas Intermediate - Wikipedia

    en.wikipedia.org/wiki/West_Texas_Intermediate

    West Texas Intermediate ( WTI) is a grade or mix of crude oil; the term is also used to refer to the spot price, the futures price, or assessed price for that oil. In colloquial usage, WTI usually refers to the WTI Crude Oil futures contract traded on the New York Mercantile Exchange (NYMEX). The WTI oil grade is also known as Texas light sweet ...

  4. Oil prices just rose above $90 — here's how they ... - AOL

    www.aol.com/finance/oil-prices-just-rose-above...

    April 5, 2024 at 11:29 AM. Oil’s steady climb has prompted speculation that prices could reach $100 per barrel should current market conditions persist. West Texas Intermediate ( CL=F) futures ...

  5. Price of oil - Wikipedia

    en.wikipedia.org/wiki/Price_of_oil

    Oil traders, Houston, 2009 Nominal price of oil from 1861 to 2020 from Our World in Data. 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 ...

  6. Oil prices hit three-month lows, head for weekly loss as ...

    www.aol.com/news/oil-prices-hit-three-month...

    Joe Raedle. Crude oil futures fell to three-month lows on Friday and are heading to a weekly loss as the summer driving season gets underway with the Memorial Day holiday. U.S. crude oil hit an ...

  7. United States Oil Fund - Wikipedia

    en.wikipedia.org/wiki/United_States_Oil_Fund

    United States Oil Fund. The United States Oil Fund ( NYSE Arca : USO) is an exchange-traded fund (ETF) that attempts to track the price of West Texas Intermediate Light Sweet Crude Oil. [1] [2] It is distinguished from an exchange-traded note (ETN) since it represents an ownership claim on underlying securities that the fund has packaged. [3]

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