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WTI Crude Oil: NYMEX, ICE: 1000 bbl (42,000 U.S. gal) CL (NYMEX), WTI (ICE) Brent Crude: ICE: 1000 bbl (42,000 U.S. gal) B Ethanol: CBOT: 29,000 U.S. gal AC (Open Auction) ZE (Electronic) Natural gas: NYMEX: 10,000 million BTU: NG Natural gas: ICE: 1,000 therms NBP Heating Oil: NYMEX: 1000 bbl (42,000 U.S. gal) HO Gulf Coast Gasoline NYMEX ...
Crude oil is considered "heavy" if it has long hydrocarbon chains, or "light" if it has short hydrocarbon chains: an API gravity of 34 or higher is "light", between 31 and 33 is "medium", and 30 or below is "heavy". Crude is considered "sweet" if it is low in sulphur content (< 0.5%/weight), or "sour" if high (> 1.0%/weight). Generally, the ...
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 ...
Crude oil prices reach highest since October as energy stocks lead market. Ines Ferré. April 2, 2024 at 10:22 AM. Oil futures continued their march higher on Tuesday, pushing WTI crude oil to its ...
A benchmark crude or marker crude is a crude oil that serves as a reference price for buyers and sellers of crude oil. There are three primary benchmarks, West Texas Intermediate (WTI), Brent Blend, and Dubai Crude.
Oil prices looked poised for a weekly loss Friday amid concerns that sticky inflation could hurt demand. On Thursday, Brent closed at its weakest since February 7 and U.S. WTI futures at their ...
West Texas Intermediate ( WTI) is a grade or mix of crude oil; the term is also used to refer to the spot price, the futures price, or assessed price for that oil. In colloquial usage, WTI usually refers to the WTI Crude Oil futures contract traded on the New York Mercantile Exchange (NYMEX). The WTI oil grade is also known as Texas light sweet ...
E-mini Light Sweet Crude Oil (Financial) CME (formerly NYMEX) QM: 500 barrels: $0.025: $12.50: $3,375: $2,500: 18,621 E-mini Natural Gas Futures: CME (formerly NYMEX) QG: 2,500 million BTUs: $0.005: $12.50: $1,013: $750: 1,718 E-mini Heating Oil - Financial Futures: CME (formerly NYMEX) QH: 21,000 gallons: $0.001: $21: $3,206: $2,375: 0 E-mini ...
The NYSE Arca Oil Index, previously AMEX Oil Index, ticker symbol XOI, is a price-weighted index of the leading companies involved in the exploration, production, and development of petroleum. It measures the performance of the oil industry through changes in the sum of the prices of component stocks. The index was developed with a base level ...
Petroleum or crude oil, also referred to as simply oil, is a naturally occurring yellowish-black liquid mixture of mainly hydrocarbons, [1] and is found in geological formations. The name petroleum covers both naturally occurring unprocessed crude oil and petroleum products that consist of refined crude oil. Petroleum is primarily recovered by ...
