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1. • • West Texas Intermediate (WTI) crude oil prices are down over 2% on Wednesday, with Brent crude closing in on similar losses on the day as global shipping giants gear up to resume traversing the Red Sea despite an ongoing Houthi missile barrage. At 3:43 p.m. ET on Wednesday, WTI was trading down 2.02% at $74.04.
     oilprice.com/Latest-Energy-News/World-News/Oil-Prices-Shed-2-As-Shippers-Gamble-on-Red-Sea.html

     Oil Prices Shed 2% As Shippers Gamble on Red Sea

2. People also ask

   What is the difference between Brent crude & West Texas Intermediate?

   • Brent Crude is the benchmark used for the light oil market in Europe, Africa, and the Middle East, originating from oil fields in the North Sea between the Shetland Islands and Norway. West Texas Intermediate is the benchmark for the U.S. light oil market and is sourced from U.S. oil fields.

   Brent Crude vs. West Texas Intermediate (WTI): The Differences

   www.investopedia.com/ask/answers/052615/what-difference-between-brent-crude-and-west-texas-intermediate.asp

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   What is the price of West Texas Intermediate (WTI) crude oil?

   • Live interactive chart of West Texas Intermediate (WTI or NYMEX) crude oil prices per barrel. The current price of WTI crude oil as of September 11, 2024 is 67.61 per barrel. Backlinks from other sites are the lifeblood of our site and our primary source of new traffic.

   Crude Oil Prices Today - Live Chart - Macrotrends

   www.macrotrends.net/2566/crude-oil-prices-today-live-chart

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   Is Brent crude cheaper than West Texas crude?

   • Prior to this, Brent Crude tended to be cheaper than West Texas Crude. This has been dubbed the American shale revolution, and the increased production led oil prices to fall from above $100 to below $50 from 2014 to 2015.

   Brent Crude vs. West Texas Intermediate (WTI): The Differences

   www.investopedia.com/ask/answers/052615/what-difference-between-brent-crude-and-west-texas-intermediate.asp

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   What is the difference between WTI & Brent crude oil?

   • WTI and Brent crude are both classified as light and sweet crude oils. Crude oil that is lighter in density is easier to refine into gasoline, while oil with a heavier density is more difficult to refine. The standard oil density measurement is based on American Petroleum Institute (API) gravity.

   Energy Investing: WTI vs. Brent Crude Oil | Charles Schwab

   www.schwab.com/learn/story/energy-investing-basics-wti-vs-brent-crude-oil

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3. www.investopedia.com › ask › answersBrent Crude vs. West Texas Intermediate (WTI): The Differences

   www.investopedia.com › ask › answers

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   Aug 30, 2021 · West Texas Intermediate is the benchmark for the U.S. light oil market and is sourced from U.S. oil fields. Both Brent Crude and WTI are light and sweet, making them ideal for refining...

4. www.eia.gov › todayinenergy › detailCrude oil prices increased in first-half 2022 and declined in ...

   www.eia.gov › todayinenergy › detail

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   The Brent price rose significantly in the first half of 2022 but generally declined in the second half of the year. The spot price for West Texas Intermediate (WTI), a benchmark price for U.S. crude oil, followed a similar pattern, finishing the 2022 trading year $4/b higher than on January 3.

5. Videos

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     Crude Oil Prices Explained - WTI vs Brent

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     How will the spread between Brent and West Texas Intermediate play out?

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6. www.macrotrends.net › 2566Crude Oil Prices Today - Live Chart - Macrotrends

   www.macrotrends.net › 2566

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   Crude Oil Prices Today - Live Chart. Live interactive chart of West Texas Intermediate (WTI or NYMEX) crude oil prices per barrel. The current price of WTI crude oil as of September 23, 2024 is 70.48 per barrel.

7. markets.businessinsider.com › commodities › oilCrude Oil Price Today | BRENT OIL PRICE CHART | OIL PRICE PER ...

   markets.businessinsider.com › commodities › oil

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   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.

8. ycharts.com › indicators › wti_crude_oil_spot_priceWTI Crude Oil Spot Price Market Daily Trends: Weekly ...

   ycharts.com › indicators › wti_crude_oil_spot_price

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   WTI Crude Oil Spot Price is the price for immediate delivery of West Texas Intermediate grade oil, also known as Texas light sweet. It, along with Brent Spot Price, is one of the major benchmarks used in pricing oil. WTI in particular is useful for pricing any oil produce in the Americas.

   Date	Value
   August 19, 2024	75.82
   August 16, 2024	78.05
   August 15, 2024	79.66
   August 14, 2024	78.47

   See full list on ycharts.com

9. www.schwab.com › learn › storyEnergy Investing: WTI vs. Brent Crude Oil | Charles Schwab

   www.schwab.com › learn › story

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   Feb 22, 2023 · In this article, we'll focus on two: West Texas Intermediate (WTI) Crude Oil and North Sea Brent (Brent) Crude. Before deciding which crude oil might best meet your investing objectives, consider the similarities and differences between these two commodities, how their prices are affected by global economic forces, and what role local economics ...

10. oilprice.com › oil-price-chartsOil Price Charts | Oilprice.com

    oilprice.com › oil-price-charts

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    Oilprice.com, in cooperation with its partners, offers over 150 crude oil blends and indexes from all around the world, providing users with oil price charts, comparison tools and smart...