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Crude oil price live - WTI Oil Price Per Barrel




Crude Oil Prices Today




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Crude is sitting above two major supports At 101.



The fundamentals are different since it is a raw product.



It has historically traded on the New York Mercantile Exchange, and therefore many traders refer to the contracts as NYMEX WTI crude oil futures.

This is also true for geopolitical events that affect the oil exporting countries.







This was largely due to the rise in production of shale oil in the United States that caused a major increase in the.


Description: You need to know that a barrel of crude oil in reality corresponds to around 159 litres of black gold.

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Although there have been discussions of replacing the USD with another trade currency for crude oil, no definitive actions have been taken.
The link between these two oil crises contributed to the development of oil production at other geographic sites aiming to reduce the dependence of the West on Eastern production.

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