In February 2025, the price for one barrel of West Texas Intermediate (WTI) crude oil averaged 71.53 U.S. dollars. This was a decrease compared to the previous month amid continued weak demand outlooks and expectations for production increases. WTI and other benchmark crudes WTI is also known as "Texas light sweet", and is a grade of crude oil used as a benchmark for oil produced in the United States. It has an API gravity of around 39.6 and specific gravity of about 0.827, which, relative to other crude oils, is considered “light,” hence the name. WTI also contains about 0.24 percent sulfur, making it a “sweet” crude oil. The price of WTI can be compared to the prices other of crude oils, i.e. UK Brent, the OPEC basket, and Dubai Fateh oil. WTI crude oil is the underlying commodity of the Chicago Mercantile Exchange’s oil futures contracts. U.S. oil production and its influence on light oil prices The price development of WTI crude oil relative to Brent crude oil has been influenced by variances in U.S. crude oil transportation and increased U.S. oil production. New transportation infrastructure became operational in early 2013, easing the movement of crude oil in the mid-continent and raising the price of WTI. Since then, U.S. refineries have increased production of crude oil to record levels, also raising the price of WTI. Meanwhile, expedited crude transport in the U.S. put downward pressure on Brent crude oil as domestic crude replaced some imported Brent crude. Between 2014 and 2016, UK Brent prices dropped rapidly, as was the case for all other crude oils.

Learn about light sweet oil, its characteristics, and its significance as a benchmark for pricing crude oil. Discover how supply and demand dynamics, geopolitical events, economic indicators, and environmental regulations influence its price. Explore the factors that affect the price of light sweet oil and its role in the global economy.

The stock price of light sweet crude oil is influenced by global supply and demand, geopolitical events, economic indicators, and weather conditions. Learn about the factors that impact crude oil prices and the implications for investors and traders.

Learn about the factors that influence the price of light sweet crude oil, including supply and demand dynamics, geopolitical tensions, production cuts, and global economic conditions. Stay informed on the latest price updates and understand how traders and economists predict future price movements.

As of February 2025, the average annual price of Brent crude oil stood at 77.36 U.S. dollars per barrel. This is some three U.S. dollars lower than the 2024 average. Brent is the world's leading price benchmark for Atlantic basin crude oils. Crude oil is one of the most closely observed commodity prices as it influences costs across all stages of the production process and consequently alters the price of consumer goods as well. What determines crude oil benchmarks? In the past decade, crude oil prices have been especially volatile. Their inherent inelasticity regarding short-term changes in demand and supply means that oil prices are erratic by nature. However, since the 2009 financial crisis, many commercial developments have greatly contributed to price volatility; such as economic growth by BRIC countries like China and India, and the advent of hydraulic fracturing and horizontal drilling in the U.S. The outbreak of the coronavirus pandemic and the Russia-Ukraine war are examples of geopolitical events dictating prices. Light crude oils - Brent and WTI Brent Crude is considered a classification of sweet light crude oil and acts as a benchmark price for oil around the world. It is considered a sweet light crude oil due to its low sulfur content and a low density and may be easily refined into gasoline. This oil originates in the North Sea and comprises several different oil blends, including Brent Blend and Ekofisk crude. Often, this crude oil is refined in Northwest Europe. Another sweet light oil often referenced alongside UK Brent is West Texas Intermediate (WTI). WTI oil prices amounted to 76.55 U.S. dollars per barrel in 2024.

Crude Oil: Avg Price: Canada Light Sweet Edmonton data was reported at 486.160 CAD/Cub m in 27 Aug 2018. This records an increase from the previous number of 484.930 CAD/Cub m for 24 Aug 2018. Crude Oil: Avg Price: Canada Light Sweet Edmonton data is updated daily, averaging 411.520 CAD/Cub m from Sep 2016 (Median) to 27 Aug 2018, with 518 observations. The data reached an all-time high of 575.680 CAD/Cub m in 10 Jul 2018 and a record low of 330.050 CAD/Cub m in 22 Jun 2017. Crude Oil: Avg Price: Canada Light Sweet Edmonton data remains active status in CEIC and is reported by Kent Group Ltd.. The data is categorized under Daily Database’s Commodity Prices and Futures – Table CA.DP001: Average Price: Crude Oil.

Crude Oil decreased 2.12 USD/BBL or 2.95% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Crude Oil - values, historical data, forecasts and news - updated on March of 2025.

Brent crude oil is projected to have an average annual spot price of 74.5 U.S. dollars per barrel in 2025, according to a forecast from February 2025. This would mean a decrease of six U.S. dollars compared to the previous year, and also reflects a reduced forecast WTI crude oil price. All about Brent Also known as Brent Blend, London Brent, and Brent petroleum, Brent Crude is a crude oil benchmark named after the exploration site in the North Sea's Brent oilfield. It is a sweet light crude oil but slightly heavier than West Texas Intermediate. In this context, sweet refers to a low sulfur content and light refers to a relatively low density when compared to other crude oil benchmarks. Price development in the 2020s Oil prices are volatile, impacted by consumer demand and discoveries of new oilfields, new extraction methods such as fracking, and production caps routinely placed by OPEC on its member states. The price for Brent crude oil stood at an average of just 42 U.S. dollars in 2020, when the coronavirus pandemic resulted in a sudden demand drop. Two years later, sanctions on Russian energy imports, had pushed up prices to a new decade-high, above 100 U.S. dollars per barrel.

Explore the dynamics influencing the pricing of Louisiana Sweet Crude, a premium light, sweet crude oil from the Gulf of Mexico, affected by global demand, geopolitical tensions, and regional factors such as refinery demands and weather events, amidst evolving energy landscapes and market volatility.

In 2024, the export price for one barrel of the Urals crude oil was expected to reach 70 U.S. dollars. In the following year, the Russian government expected it to decrease slightly, and in 2027, it was projected to reach 65.5 U.S. dollars per barrel. Urals is Russia's major export oil brand. Crude oil prices in Russia Different types of oil, such as light-weight, low-sulfur (light-sweet) grades and heavier, higher-sulfur (heavy-sour) crudes, can create differences in oil prices. Prices of a barrel of crude oil tend to fluctuate throughout the year due to factors like sulfur content, specific gravity, and location. In recent years, the price of Russian Urals crude oil reached a high of almost 95 U.S. dollars per barrel in February 2022 and a low of 16.6 U.S. dollars per barrel in April 2020. The Urals oil is used as a basis for Russian export oil mixture – a mix of heavy, high-oil from the Urals and Volga region and a light Siberian oil. The oil and gas industry account for a large majority of the country’s export income. Many global sources of crude oil are located in areas that are prone to political upheavals or have production disrupted by political events. Prices of major crude oil blends In comparison, the West Texas Intermediate crude oil price was estimated at 79.5 U.S. dollars per barrel in 2024. Furthermore, Dubai Fateh oil prices have fluctuated in the past decade, having reached 82.1 U.S. dollars per barrel in 2023. Prices of petroleum products fluctuate in parallel with crude oil prices but can also depend on seasonality, market factors, or refining outages. Petroleum products like gasoline, diesel, and petrochemical feedstocks are usually the most relevant to consumers.

As of March 18, 2025, the price of one barrel of the Bonny Light crude oil in Nigeria reached 73.69 U.S. dollars, which was a slight decrease of 0.44 U.S dollar from the preceding week. Bonny Light crude oil is a high-grade crude oil produced in Nigeria that is known for its low sulfur content. A low sulfur content means low corrosive effects on the petroleum refinery infrastructure and a low environmental impact of the byproducts.

Light crude oil futures, also known as WTI (West Texas Intermediate) crude oil futures, are a type of derivative contract that allows investors to trade the future delivery of light, sweet crude oil at a predetermined price. Learn about key information in the ticker, why traders choose to trade light crude oil futures, and the risks involved in trading.

加拿大 Crude Oil: Avg Price: Canada Light Sweet Edmonton在2018-08-27达486.160 CAD/Cub m，相较于2018-08-24的484.930 CAD/Cub m有所增长。加拿大 Crude Oil: Avg Price: Canada Light Sweet Edmonton数据按每日更新，2016-09-01至2018-08-27期间平均值为411.520 CAD/Cub m，共518份观测结果。该数据的历史最高值出现于2018-07-10，达575.680 CAD/Cub m，而历史最低值则出现于2017-06-22，为330.050 CAD/Cub m。CEIC提供的加拿大 Crude Oil: Avg Price: Canada Light Sweet Edmonton数据处于定期更新的状态，数据来源于Kent Group Ltd.，数据归类于Daily Database的Commodity Prices and Futures – Table CA.DP001: Average Price: Crude Oil。

On April 20, 2010, the BP Deepwater Horizon (DWH) offshore oil platform experienced an explosion that triggered the largest marine oil spill in US history, resulting in the release of ~795 million liters of southern LA light sweet crude oil into the Gulf of Mexico. Approximately 7.9 million liters of dispersant, Corexit EC9500A, was used during the spill for remediation. We examined the effect of DWH crude oil and Corexit EC9500A, the dispersant used during the spill, on coastal Louisiana marsh soil microbial populations and processes. Surface soil samples were collected from an unimpacted salt marsh site proximal to areas that suffered light to heavy oiling in Barataria Bay, LA. The 1:10 ratio of crude oil:wet soil fully coated the soil surface, mimicking a heavy oiling scenario. Potential denitrification rates at the 1:10 oil:wet soil ratio, for weathered south LA light sweet crude oil, were 46 ± 18.4% of the control immediately after exposure and 62 ± 8.0% of the control following a two week incubation period. Denitrification rates of soil exposed to fresh crude oil were 51 .5 ± 5.3% of the control after immediate exposure and significantly lower at 10.9 ± 1.1 % after a 2 week exposure period. Microbial biomass nitrogen(N) values were below detection for the 1:10, 1:100 and 1:1,000 Corexit:wet soil treatments. Potentially mineralizable N correlated with microbial biomass with decreased activity for 1:10 and 1:100 Corexit:wet soil treatments. Potential denitrification rates after immediate exposure to Corexit:wet soil ratios of 0:10, 1:10, 1:100, 1:1,000, and 1:10,000 were below detection for the 1:10 treatment while the 1:100 was 7.6 ± 2.7% of the control and the 1:1,000 was 33 ± 4.3% of the control. The 1:10,000 treatment was not significantly different from the control. Denitrification rates measured after 2 weeks exposure showed the 1:10 treatment still below detection limit and the 1:100 was 12 ± 2.6% of the control. Results suggest that while both crude oil and Corexit impact denitrification, which is an important microbial process for water quality, Corexit is more detrimental at identical concentrations.

Learn how factors such as supply and demand, geopolitical events, and market speculation influence the price of Canadian light sweet oil. Gain insights for informed oil investments and trading strategies.

Explore the complexities influencing Louisiana Light Sweet crude pricing, including local supply-demand dynamics, refining capacities, and geopolitical factors, and how they reflect broader trends in the U.S. energy market.

The price of oil has a significant impact on the global economy, as it affects various sectors such as transportation, manufacturing, and energy production. The concept of LLS (Louisiana Light Sweet) oil price refers to the price of light sweet crude oil produced in the Gulf of Mexico region, specifically off the coast of Louisiana, USA. LLS oil is characterized by its low sulfur content and high API gravity, which makes it easier to refine into gasoline, diesel, and other petroleum-based products. It is a

The West Texas Intermediate (WTI) rate refers to the price of crude oil produced in the United States. It is one of the most commonly referenced benchmarks for oil pricing globally. WTI crude oil is a light, sweet crude oil that is easier and less expensive to refine into gasoline compared to other types of crude oils. This article explains how the WTI rate is determined, factors that influence it, and its significance in the global oil market and economy.

The price of CL oil, also known as Light Sweet Crude Oil, is influenced by global supply and demand dynamics, geopolitical events, economic indicators, and the production policies of major oil-producing countries. This article explains how these factors impact CL oil prices and their effects on the global oil market.

LLS Crude refers to the Light Louisiana Sweet crude oil, highly regarded in the oil market for its superior quality and low sulfur content. Extracted from offshore platforms in the Gulf of Mexico, it serves as a benchmark for pricing other types of crude oil. Its exceptional quality requires less processing, reduces emissions, and lowers production costs. The LLS-WTI spread, based on NYMEX WTI crude oil futures contract, is an indicator of regional supply and demand. LLS crude is a critical component of the