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The Alaska North Slope is the region of the U.S. state of Alaska located on the northern slope of the Brooks Range along the coast of two marginal seas of the Arctic Ocean, the Chukchi Sea being on the western side of Point Barrow, and the Beaufort Sea on the eastern. With the exception of the highway connecting Fairbanks to Prudhoe Bay, the ...
Argus Sour Crude Index. The Argus Sour Crude Index ( ASCI) is a pricing tool used by buyers, sellers and traders of imported crude oil for use in long-term contracts. The ASCI methodology [1] creates a single daily volume-weighted average price index of aggregate deals done for three component crude grades as if they were one grade of crude oil.
Oil prices react upward to news of the spill and to potential shortages on the west coast caused by refinery fires there. June : OPEC raises their production ceiling to 19.5 Mbbl/d (3,100,000 m 3 /d).
Benchmark U.S. crude oil for September delivery rose 96 cents to $76.19 per barrel Thursday. Brent crude for October delivery rose 83 cents to $79.16 per barrel. Wholesale gasoline for September ...
West Texas Intermediate jumped 1.8% to settle at $90.16. Brent crude futures ( BZ=F ) also closed higher, at $93.70 per barrel. Oil has been on a steady rise over the past three months.
The move in oil prices has also led to the energy sector outperforming the S&P 500 so far this year, with the S&P 500 Energy Select ETF touching another 52-week high on Tuesday amid a broader sell ...
West Texas Intermediate ( WTI) is a grade or mix of crude oil; the term is also used to refer to the spot price, the futures price, or assessed price for that oil. In colloquial usage, WTI usually refers to the WTI Crude Oil futures contract traded on the New York Mercantile Exchange (NYMEX). The WTI oil grade is also known as Texas light sweet ...
Benchmark U.S. crude oil for September delivery rose $3.18 to $77.91 per barrel Wednesday. Brent crude for September delivery rose $2.09 to $80.72 per barrel. Wholesale gasoline for August ...
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