WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of ...
Oil futures were steady early Friday as investors awaited the U.S. August jobs report, but were on track for a large weekly ...
If producer group OPEC+ doesn't reduce production further, the average price of oil could drop to $60 per barrel in 2025 due ...
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...
Industry experts warned this week that oil prices could drop to levels last seen in late 2020 and early 2021. In a note obtained by Reuters, Citigroup Inc. predicted Brent could fall as low as ...
Oil futures fell sharply on Friday to post a weekly drop of about 8%, with global benchmark prices settling at their lowest since 2021, driven by worries over a slowdown in demand. Weaker-than ...
Oil prices extended Tuesday’s losses to hit their lowest level of 2024 ealr Wednesday. The drop comes amid fears of ...
Oil prices fell on Wednesday, extending a plunge of more than 4% the previous day and hovering at their lowest since December ...