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The biggest one-day decline in oil prices in three weeks happened August 8 as crude supplies fell less than expected and demand in China also fell. WTI fell 3.2% from $69.17, the highest since July 30, to $66.91, the lowest since June 21. Brent also fell by 3.2%, to $72.28, the lowest since July 17. [83]
Benchmark U.S. crude oil for September delivery fell 58 cents to $72.94 per barrel Monday. Brent crude for October delivery fell 51 cents to $76.30 per barrel. Wholesale gasoline for September ...
Oil traders, Houston, 2009 Nominal price of oil from 1861 to 2020 from Our World in Data. The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil ...
2016. On January 6, 2016, the price of WTI crude hit another eleven-year low, as it dropped to 32.53 a barrel for the first time since 2009. [85] On January 12, in its seventh losing day, crude oil dropped below $30 for the first time since December 2003, ending the day at $30.44, as gas fell below $1.97. [86]
Benchmark U.S. crude oil for September delivery fell $2.79 to $73.52 per barrel Friday. Brent crude for October delivery fell $2.71 to $76.81 per barrel. Wholesale gasoline for September delivery ...
Benchmark U.S. crude oil for September delivery fell $1.60 to $76.31 per barrel Thursday. Brent crude for October delivery fell $1.32 to $79.52 per barrel. Wholesale gasoline for September ...
The United States Oil Fund is an exchange-traded fund (ETF) that attempts to track the price of West Texas Intermediate Light Sweet Crude Oil. [1] [2] It is distinguished from an exchange-traded note (ETN) since it represents an ownership claim on underlying securities that the fund has packaged. [3] USO invests in oil future contracts that are ...
Benchmark U.S. crude oil for September delivery rose $3.18 to $77.91 per barrel Wednesday. Brent crude for September delivery rose $2.09 to $80.72 per barrel. Wholesale gasoline for August ...