Follow today's crude oil price moves and key news stories driving oil price actions, as well as developments in the broader energy sector.
Change from The Previous Market Day-1.95% Value from 1 Year Ago78.45 Change from 1 Year Ago-6.30% FrequencyMarket Daily UnitUSD per Barrel AdjustmentN/A Download Source FileUpgrade NotesCushing, OK spot price. West Texas intermediate oil; FOB (UPDATED WEEKLY)...
Follow today's crude oil price moves and key news stories driving oil price actions, as well as developments in the broader energy sector.
Value from The Previous Market Day77.27 Change from The Previous Market Day2.98% Value from 1 Year Ago72.94 Change from 1 Year Ago9.09% FrequencyMarket Daily UnitUSD per Barrel AdjustmentN/A Download Source FileUpgrade NotesCushing, OK spot price. West Texas intermediate oil; FOB (UPDATED WEEKLY...
Using the cross-section of futures prices, we estimate a time-series of the market price of risk in the crude oil market implied by the model. We find that the risk premiums in the crude oil market are driven by the same risk factors as equity and bond markets. © 2010 Wiley ...
This paper examines time-varying market efficiency in the crude oil spot market using a recently derived measure of market efficiency: the Adjusted Market Inefficiency Model (AMIM). Analysing efficiency in the crude oil market, and its response to significant events within the global financial and ...
When is the best time to trade oil? The best time to trade oil will depend on the current balance between supply and demand in the oil market. Any supply cuts made by the Organization of the Petroleum Exporting Countries (OPEC) will surely cause the price to rise – assuming demand remain...
First, in addition to WTI and Brent crude oil futures, Dubai and Oman crude oil futures are also included in the system together with Shanghai crude oil futures. Compared to the existing literature, this paper provides a time-varying structure of the world crude oil market that covers a ...
WTI Crude Oil As of Jan 16 2025 21:55 GMT. 78.73 USD -1.31-1.64% 65.27Sep 10 202487.67Apr 12 2024 RBOB Gasoline As of Jan 16 2025 21:55 GMT. 2.12 USD -0.0407-1.89% 1.85Sep 11 20242.85Apr 12 2024 Data delayed at least 10 minutes, as of Jan 16 2025 21:55 GMT. Browse news and...
The futures price is no guarantee that oil will actually hit that price in the current market when that date comes. It is just the price that, at the time of the contract, purchasers of oil are anticipating. The actual price of oil on that date depends on many factors. ...