Energy news covering oil, petroleum, natural gas and investment advice. Commercial crude oil inventories jumped 6.4 million barrels as u.s Production set new records and refinery capacity utilization rose to 89.4%. Get all information on the price of oil including news, charts and realtime quotes. This guide explains exactly what the oil spot price represents and what factors determine the constantly moving live price We also explain what oil blends are (like brent and wti), and ways you can speculate on live crude oil spot prices without having to buy physical barrels.
Oilmonster offers the latest crude oil prices and futures index charts from around the globe, including over 150 crude blends from the u.s.a Energy information administration, based on thomson reuters A crack spread measures the difference between the purchase price of crude oil and the selling price of finished products, such as gasoline and distillate fuel, that a refinery produces from the crude oil. Oil prices edged up on thursday, taking a break after major losses in the previous session, as investors weighed concerns about global oversupply with looming sanctions against russia's lukoil. Oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) and lipophilic (mixes with other oils) Oils are usually flammable and surface active
Explore supply and demand dynamics, along with geopolitical factors that drive market volatility.
OPEN
