Oil prices end at lowest in a week
Crude oil prices today: WTI is trading at $72.85
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 extended losses on Wednesday as weak demand and rising U.S. inventories countered the risk of supply disruption from ...
An escalation of conflicts in the Middle East in recent weeks has triggered a sharp increase in oil prices, raising ...
U.S. stocks rose, with the S&P 500 on pace for another record close, as attention turns to the start of earnings season.
Kazakhstan's biggest oil field Tengiz, operated by U.S. major Chevron , boosted output to a record high in October, sources ...
Oil markets are nervous. Last week crude prices rose by 10%, to $78 a barrel, their biggest weekly gain in almost two years ...
The threat of an escalating conflict between Israel and Iran has created an “extraordinarily precarious” global situation, ...
The US expects crude production to grow by just 320,000 barrels a day next year, much slower than previously estimated.
1don MSN
US stocks rebounded on Tuesday after Monday's losses, with momentum revived by a tech rally and falling crude prices. The ...
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