Stories Tagged as
Global crude oil prices
Why are oil prices suddenly dropping?
Oct 6, 2023
Since the end of September, Brent Crude has been sliding — down to the $84-a-barrel range, more than a 10% decline in just over a week. This is also playing out at the pump, with gas down about eight cents a gallon in the last week.
Crude oil prices are down, but oil companies' profits are doing just fine
by
Lily Jamali
Apr 28, 2023
They're making less on crude, more on refining it.
The benchmark for determining global crude oil prices is changing
by
Lily Jamali
Mar 31, 2023
Dated Brent, used to set the price of most of the world's oil, will include supplies from Texas for the first time.