Fossils into Fuels – current Crude Oil prices

Current Crude Oil prices

West Texas Intermediate (WTI) West Texas Intermediate, the US benchmark crude oil, is a light, sweet crude oil with an API gravity of approximately 40 and a sulfur content of approximately 0.3%. The spot price of West Texas Intermediate is reported at Cushing, Oklahoma.

WTI Crude Oil$49.33▼-0.15 -0.30%2016.05.30 end-of-day

Brent Crude Oil$49.32▼-0.27 -0.55%2016.05.30 end-of-day

Brent Blend Brent Blend is a light, sweet North Sea crude with an API gravity of approximately 38 and a sulfur content of approximately 0.4%. Most Brent Blend is refined in Northwestern Europe, but significant volumes are also shipped to the US and Mediterranean countries. Brent Blend is used for pricing around two-thirds of the crude traded internationally. Rolling price assessments are based on physical Brent-Forties-Oseberg crude oil cargoes loading not less than 10 days ahead and loaded free on board at the named port of shipment (Brent Dated).