The most important type of crude oil used in Europe is Brent Crude, named after the North Sea oilfield where it is extracted. Brent Crude is a particularly light crude oil which is carried from ...

The real-time price of Brent crude oil is at $73.83 per barrel, and the price of WTI crude oil is at $70.25 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...

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