Yahoo Canada Web Search

Search results

1. • 

     spglobal.com

     • The Brent-WTI crude oil spread (the difference between the two prices) increased in 2022 relative to 2021 because European countries needed to replace crude oil supplies they were importing from Russia with crude oil from another source. European markets were also affected by a strong U.S. dollar that made imported crude oil more expensive.
     Reference:

     Crude oil prices increased in first-half 2022 and declined in ...

2. People also ask

   Is a surge in West Texas crude prices preventing oil from heading east?

   • A recent surge in West Texas Intermediate (WTI) crude prices has shut arbitrage routes for U.S crude to Europe and Asia, preventing oil from the Atlantic Basin from heading east, according to traders.

   Recent surge in WTI price curbs US oil flows to Europe, Asia

   www.reuters.com/markets/commodities/recent-surge-wti-price-curbs-us-oil-flows-europe-asia-2023-09-19/

   See all results for this question

   How much did Brent crude futures rise?

   • Brent crude futures rose by $2.88, or 3.7%, to settle at $80.93 per barrel. U.S. West Texas Intermediate futures advanced by $2.76, or 3.7%, to $77.14 per barrel.

   Oil prices extend gains, lifting Brent crude towards $80 on fears of

   www.reuters.com/business/energy/oil-pares-gains-after-strongest-weekly-rise-over-year-2024-10-07/

   See all results for this question

   How much did Brent crude go up on Wednesday?

   • International benchmark Brent crude edged up to as high as $86.92 on Wednesday, having gained about $10 a barrel since the beginning of June. The US equivalent, West Texas Intermediate, advanced to $83.53 before slipping back.

   Oil prices rally as peak driving season gets under way - Financial Times

   www.ft.com/content/67eafb4a-e4e8-442a-a52d-66af77a3baaf

   See all results for this question

   How did WTI crude price move on Tuesday?

   • On Tuesday, WTI crude jumped more than $2 a barrel, pulling up Brent as well. However, WTI later eased as investors took profits, settling down 28 cents a barrel at $91.20. Previously, the recent price moves had widened prompt month spreads for both contracts in backwardation.

   Recent surge in WTI price curbs US oil flows to Europe, Asia

   www.reuters.com/markets/commodities/recent-surge-wti-price-curbs-us-oil-flows-europe-asia-2023-09-19/

   See all results for this question

   Why have oil prices climbed to a two-month high?

   • Oil prices have climbed to a two-month high, as refineries gear up for the summer driving season and traders fret over renewed tensions in the Middle East. International benchmark Brent crude edged up to as high as $86.92 on Wednesday, having gained about $10 a barrel since the beginning of June.

   Oil prices rally as peak driving season gets under way - Financial Times

   www.ft.com/content/67eafb4a-e4e8-442a-a52d-66af77a3baaf

   See all results for this question

   Why are oil prices rising?

   • Since then, the oil price has steadily rallied, with Brent crude rising from a low of $76.76 a barrel on June 4. Other factors playing into rising prices include concerns over a potential escalation in the conflict between Israel and Hizbollah.

   Oil prices rally as peak driving season gets under way - Financial Times

   www.ft.com/content/67eafb4a-e4e8-442a-a52d-66af77a3baaf

   See all results for this question

3. www.marketplace.org › 2024/03/14 › the-price-of-oilWhy gas prices are up, and what it says about the global ...

   www.marketplace.org › 2024/03/14 › the-price-of-oil

   • Cached

   Mar 14, 2024 · The price of oil — West Texas Intermediate and Brent crude — were both up Wednesday by nearly 3%. WTI continued to rally Thursday, though Brent fell back a bit. Meanwhile, global crude prices are...

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

   www.eia.gov › todayinenergy › detail

   • Cached

   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. The Brent crude oil spot price averaged $100/b in 2022, and the WTI spot price averaged $95/b. In the first half of 2022, geopolitical tension with Russia, culminating ...

5. Videos

   • 

     9:40

     youtube.com

     Crude Oil Prices Explained - WTI vs Brent

     Jun 14, 2019

     318.1K Views

   • 

     3:48

     youtube.com

     What is WTI Crude Oil?

     Feb 6, 2020

     24.8K Views

   • 

     3:45

     youtube.com

     Where are crude oil prices headed?

     Jul 6, 2022

     12.6K Views

   View all

6. www.reuters.com › markets › commoditiesRecent surge in WTI price curbs US oil flows to Europe, Asia

   www.reuters.com › markets › commodities

   Sep 19, 2023 · A recent surge in West Texas Intermediate crude prices (WTI) that pulled Brent crude futures higher has shut arbitrage routes for U.S crude to Europe and Asia and is preventing oil from the...

7. www.reuters.com › business › energyOil prices extend gains, lifting Brent crude towards $80 on ...

   www.reuters.com › business › energy

   Oct 7, 2024 · Brent crude futures rose by $2.88, or 3.7%, to settle at $80.93 per barrel. U.S. West Texas Intermediate futures advanced by $2.76, or 3.7%, to $77.14 per barrel.

8. www.ft.com › content › 67eafb4a-e4e8-442a-a52d-66afOil prices rally as peak driving season gets under way

   www.ft.com › content › 67eafb4a-e4e8-442a-a52d-66af

   Jul 3, 2024 · International benchmark Brent crude edged up to as high as $86.92 on Wednesday, having gained about $10 a barrel since the beginning of June. The US equivalent, West Texas Intermediate,...

9. www.investopedia.com › why-oil-prices-rose-jumpedWhy Oil Prices Jumped 5% on Wednesday - Investopedia

   www.investopedia.com › why-oil-prices-rose-jumped

   • Cached

   Jul 31, 2024 · Key Takeaways. Western Texas Intermediate (WTI) rose 5% to above $78 per barrel Wednesday. Crude prices jumped after the assassination of a Hamas leader in Iran, stoking concerns about growing...

10. www.nytimes.com › business › economyWhy Are Oil Prices So High and Will They Stay That Way?

    www.nytimes.com › business › economy

    Feb 2, 2022 · Price of a barrel of Brent crude, the global benchmark, and West Texas Intermediate, the U.S. standard. Source: FactSet. By The New York Times. Western oil companies, partly under...