Tag: oil price
A New Round of Oil Price Adjustment Is Approaching, with a High Probability of Refreshing the Largest Increase This Year
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At 24:00 on April 17 (next Monday), the eighth round of price adjustment window for this year will be ushered in. According to industry estimates,...
What Are WTI and Brent Crude Oil
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Crude oil is one of the most important natural resources in the world. It is a vital source of energy that fuels the global...
U.S. Secretary of Energy: Oil War Reserves Cannot Be Bought and Sold at the Same Time
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On April 13, U.S. Energy Secretary Granholm said on Wednesday that the Biden administration plans to refill the U.S. Strategic Petroleum Reserve (SPR) soon,...
Crude Oil vs Brent: What’s the Difference?
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Crude oil and Brent are two of the most widely traded commodities in the world. They are both used as benchmarks for global oil...
What Are the Differences Between WTI and Brent Crude Oil
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Crude oil is a vital commodity in the global economy, used extensively for powering industries, transportation, and as a raw material for the production...
Russian Ruble Falls to Lowest Level Since Last April
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On Friday, April 7, the Russian ruble fell to its lowest level against both the dollar and the euro since April 2022. Traders said the...
Why is brent crude rising
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Brent crude, a type of oil that is used as a benchmark for pricing other crude oils, has been rising in price in recent...
What is the price of wti oil
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WTI (West Texas Intermediate) is a type of crude oil that is used as a benchmark for oil prices in North America. The price...
Oil Hits Biggest One-day Gain Since Russia-ukraine Conflict Yesterday
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On April 4, according to the Wall Street Journal, after OPEC+ announced a joint production cut, oil prices closed up 6.3% on Monday, the...
What is WTI crude oil
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WTI crude oil, or West Texas Intermediate crude oil, is a type of crude oil that is used as a benchmark for oil prices...
What is brent crude oil prices
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Brent crude oil is a type of oil that is used as a benchmark for oil prices worldwide. It is a light, sweet crude...
What is the current price of brent crude
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As of March 29th, 2023, the price of Brent crude is around $81-$82 per barrel. This is due to a number of factors, including...