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Oil prices High, Stock Reported Drop Crude Oil Rose High Level Since 5 years

New report oil market, stocks dropped Friday after another spike in oil prices overshadowed a report that the unemployment rate fell to its lowest level in nearly two years. Crude oil rose 2.5 percent to $104.42 a barrel, the highest level since September 2008, after fighting in Libya escalated. Markets have been rattled over the [...]

Saturday, March 5th, 2011

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Crude Oil Future Trading Market Prices

Crude oil prices measure the spot price of various barrels of oil, most commonly either the West Texas Intermediate or the Brent Blend. The OPEC basket price and the NMEX Futures price are also sometimes quoted. West Texas Intermediate (WTI) crude oil is of very high quality, because it is light-weight and has low sulphur [...]

Monday, March 1st, 2010

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