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  2. West Texas Intermediate - Wikipedia

    en.wikipedia.org/wiki/West_Texas_Intermediate

    Starting in 2003, an influx of traders from outside of the oil industry begun to participate in oil futures and other commodities futures markets. These market participants, which includes hedge funds, pension funds, insurance companies, and retail investors, were motivated by the increasing acceptance of oil futures contracts and related ...

  3. Price of oil - Wikipedia

    en.wikipedia.org/wiki/Price_of_oil

    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 ...

  4. Bloomberg Commodity Index - Wikipedia

    en.wikipedia.org/wiki/Bloomberg_Commodity_Index

    The BCOM tracks prices of futures contracts on physical commodities on the commodity markets. The index is designed to minimize concentration in any one commodity or sector. It currently has 23 commodity futures in six sectors. No one commodity can compose more than 15% of the index, no one commodity and its derived commodities can compose more ...

  5. Gas prices are falling even with oil nearing $90 a barrel ...

    www.aol.com/finance/gasoline-prices-falling-even...

    October 17, 2023 at 1:29 PM. US crude oil futures have risen about 5% since the Israel-Hamas war started earlier this month, but that jump hasn't stopped the downward trend in gasoline prices. The ...

  6. 4 popular strategies for trading futures - AOL

    www.aol.com/4-popular-strategies-trading-futures...

    4 strategies for trading futures. The following are core approaches to how you can trade futures. 1. Go long futures. When you purchase, or “go long,” futures, you’re making a directional ...

  7. Brent Crude - Wikipedia

    en.wikipedia.org/wiki/Brent_Crude

    Oil platform in the North Sea. Brent Crude may refer to any or all of the components of the Brent Complex, a physically and financially traded oil market based around the North Sea of Northwest Europe; colloquially, Brent Crude usually refers to the price of the ICE (Intercontinental Exchange) Brent Crude Oil futures contract or the contract itself.

  8. Get breaking Business News and the latest corporate happenings from AOL. From analysts' forecasts to crude oil updates to everything impacting the stock market, it can all be found here.

  9. Benchmark (crude oil) - Wikipedia

    en.wikipedia.org/wiki/Benchmark_(crude_oil)

    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. Other well-known blends include the OPEC Reference Basket used by OPEC, Tapis Crude which is traded in Singapore, Western Canadian ...

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