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3 days ago · Wed, Jun 26, 2024, 12:35 PM 2 min read. (Bloomberg) -- Oil settled little changed after swinging between losses and gains as US petroleum stockpiles rose to the highest in more than three years ...
5 days ago · The two-week gains in crude oil prices represent a 7% increase for both Brent and WTI futures. The Brent futures expiring on 25 September jumped to as high as $86.24 per barrel, the highest seen ...
4 days ago · The U.S. exported 4 million barrels per day in 2023, making it the largest supplier of waterborne light sweet crude oil to the globe. With Permian production still growing, the influence of the U.S. on the global oil market is expected to grow.
4 days ago · The WTI-Brent spread has become a true indicator of value for U.S. crude exporters. With the spread trading between a $1 and $2 per barrel discount to Brent, increased volumes of WTI-linked crude oils may flow to countries outside of the U.S. and Canada.
4 days ago · After falling in 2020 in step with crude oil production, EIA projects that associated natural gas will return to 2019 levels in 2024 and then steadily increase at a modest rate through 2050, primarily driven by increased drilling in the Permian.
4 days ago · Find the latest price & updates for Brent & WTI oil futures at BBC News.
4 days ago · In the oil markets, the difference between the price of crude oil and the price of refined products is called the crack spread. The name comes from the fact that crude oil refineries crack the original crude oil molecules to produce products like gasoline.
