The real-time price of Brent crude oil is at $80.52 per barrel, and the price of WTI crude oil is at $77.96 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...
Investors are souring on the U.S. oil refining sector, citing forecasts for softer fuel demand and worries that President-elect Donald Trump may slap tariffs on imports of crude. US oil refiners ...
US oil futures fall after API reports smaller decline in crude inventories By Investing.com - Jan 14, 2025 Investing.com -- U.S. crude oil futures fell in post-settlement trading Tuesday after the ...
Yes, the oil they retrieve could become fuel or some other petroleum product, but they generally make money from retrieval via drilling on an oil rig or fracking in gas field—not sales.