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Oil is often traded in US dollars, and for historical reasons, its price is quoted per barrel (bbl). Each barrel is 159 litres. The effect of oil prices goes far beyond oil stocks; changes in oil prices are often an important component of the inflation rate .
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Apr 28, 2023 · Daily crude oil price email updates & historical prices and charts. Daily crude price update in your inbox. Historical crude price list and charts. Energy market updates. Live gas, electricity, and bunker price updates. Subscribe to Premium.
Mar 1, 2021 · Brent: Brent is the main benchmark price for light sweet crude in international markets and specifies delivery at Sullom Voe terminal, United Kingdom. Western Canadian Select: Western Canada Select (WCS) is the main benchmark price for Canadian heavy crude and specifies delivery at Hardisty, Alberta. Mixed Sweet Blend: Mixed Sweet Blend (MSW ...
Oil price charts for Brent Crude, WTI & oil futures. Energy news covering oil, petroleum, natural gas and investment advice.
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Highlights of 2023. WTI: The West Texas Intermediate (WTI) price decreased by 18%, averaging US$77.62 per barrel (bbl) in 2023. The decrease was due to rising global inventories and concerns about the slow growth of global oil demand.