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Price of oil
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Price of oil

Spot price of a barrel of benchmark crude oil

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๐Ÿ“Œ Topics

  • Geopolitics (22)
  • Energy Security (21)
  • Market Volatility (20)
  • Energy Markets (11)
  • Geopolitical Risk (11)
  • Geopolitical tensions (10)
  • Energy markets (9)
  • Geopolitical Tensions (8)
  • Geopolitical Conflict (8)
  • Geopolitical Impact (6)
  • Energy security (6)
  • Monetary Policy (5)

๐Ÿท๏ธ Keywords

Oil prices (85) ยท Strait of Hormuz (40) ยท Iran conflict (19) ยท Market volatility (16) ยท Energy markets (16) ยท Geopolitical tensions (13) ยท Middle East tensions (13) ยท Trump (12) ยท Middle East conflict (12) ยท Iran (9) ยท Inflation (8) ยท Energy security (7) ยท Iran war (7) ยท Gold prices (7) ยท Energy crisis (7) ยท US-Iran conflict (6) ยท Middle East (6) ยท Interest rates (6) ยท Wall Street (5) ยท Federal Reserve (4)

๐Ÿ“– Key Information

The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oilโ€”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, Isthmus, and Western Canadian Select (WCS). Oil prices are determined by global supply and demand, rather than any country's domestic production level.

๐Ÿ“ฐ Related News (87)

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