The reference oil traded most frequently and of major significance for the USA is West Texas Intermediate (WTI), while the most important in Asia is Dubai Fateh. Other reference oil types include ...
However, when discussing oil, we’re typically referencing the kind found and used in the United States that is called West Texas Intermediate (WTI ... into liquid. In most cases, the difference ...
West Texas Intermediate (WTI ... up Oil prices. When OPEC increases production, it has the opposite effect. OPEC+ refers to an expanded group that includes ten extra non-OPEC members, the most ...
The number of oil rigs in the US rose by one in the week ended Friday, according to data compiled by energy services company Baker Hughes (BKR). The count for oil advanced to 481 rigs from 480 last ...
This also means that most of the time, fluctuations of the price of crude at Cushing via WTI futures is the main driver of fluctuations in the price of crude oil produced, traded or exported ...
WTI crude oil futures have surged past $74 per barrel, marking a notable rebound from their recent seven-month low of $71.90 ...