WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of just 0.24%, making it very “sweet.” WTI crude oil is typically the benchmark ...
DOE cites rising oilprices as the reason for canceling the solicitations for oil deliveries to the Bayou Choctaw SPR site. Biden administration's decision comes amidst concerns over market ...
The disappointment of the money markets with yet another hotter-than-expected set of US inflation data, aggravated by higher crude inventories and slackening geopolitical risk, has triggered a notable ...