Crude oil price Full Details

Crude oil price Full Details | Big Global News

Crude oil is a globally traded commodity.

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The price of crude oil is determined by supply and demand.

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The benchmark price for crude oil is typically the Brent crude oil price or West Texas Intermediate (WTI) crude oil price

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As of April 4th, 2023, the price of Brent crude oil is $85.60 per barrel.

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The price of WTI crude oil is $83.40 per barrel as of April 4th, 2023

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Crude oil prices have increased in recent years due to recovering global economy and increasing demand from emerging markets.

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Supply constraints have also contributed to the increase in crude oil prices.

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The crude oil market is volatile and subject to sudden changes.

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