What is the price of crude oil today? WTI futures traded at $68.73 per barrel, as of 9 a.m. ET. Year to date, WTI prices are down by 6.41%. Brent futures traded at $72.41/bbl, an increase of 0.47% in ...

Brent Crude and WTI are the world's two dominant oil benchmarks—shorthand that traders, governments, and consumers use to track the price of oil globally. Brent Crude is the benchmark used for the ...

Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, economics, and public policy. Peter began covering markets at Multex (Reuters) and has ...

Oil prices remained elevated on Thursday, with the Brent-WTI spread widening to about $18 per barrel, as Iran ramped up attacks on Arab Gulf states' energy facilities after Israel targeted its South ...

In a normally functioning global oil market, the U.S. West Texas Intermediate crude trades at a discount to Brent. This is not an accident of geography. It is a structural reality baked into the ...

The narrowing of the Brent/WTI spread is due to the pullback in Brent prices versus heavier crude grades, not an improvement in US transportation bottlenecks, according to BCA Research. The corollary ...

The conflict in Iran has sent global oil and energy prices surging, but not every market has been impacted to the same degree. The U.S. and Israel attacked Iran over the weekend, wreaking havoc on the ...

Brent and WTI are moving in opposite directions after fresh U.S. strikes on Iran, exposing how differently the two benchmarks ...

Money managers now hold the first-ever combined net short in WTI futures across CME and ICE exchanges, marking the most bearish positioning since 2009. CME net long positions in WTI have collapsed 80% ...

HOUSTON/LONDON, Jan 13 (Reuters) - The discount on U.S. crude ‌futures to the global benchmark Brent has grown ‌by around $1 per barrel since the U.S. ousted Venezuelan President Nicolas Maduro on ...