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Apr 22, 2020 · That is why the global oil price is such a delicate balance of interests and why oil companies and governments like a stable price of somewhere between $40 and $60 a barrel.
Oil prices have since risen sharply to nearly $100 per barrel following strong economic recovery post-lockdowns. As the economy grows so does the demand for oil. Moreover, rising geopolitical tensions between Russia and Ukraine and in the Middle East are stoking supply fears.
Oil Price: Get all information on the Price of Oil including News, Charts and Realtime Quotes.
Oil (WTI) 81.47. -0.43. USD per Barrel. 6/28/24 11:52 AM. Oil Price: Get all information on the Price of Oil including News, Charts and Realtime Quotes.
3 days ago · Today’s Brent crude oil spot price is at $ 84.94 per barrel, down by 0.36% from the previous trading day. In comparison to one week ago ($ 85.07 per barrel), Brent oil is down 0.15%.
6 days ago · Global Crude Oil Price & Charts. OilMonster offers the latest Crude Oil Prices and Futures index charts from around the globe, including over 150 crude blends from the U.S.A. and daily OPEC price. You can view current prices as well as historical charts and data.
Aug 16, 2023 · Crude oil prices are driven by global supply and demand. Economic growth is one of the biggest factors affecting petroleum product—and therefore crude oil—demand. Growing economies mean a higher demand for energy, in general, especially for transporting goods from producers to consumers.
