Tag Archives: oil prices

How Are Oil Prices Set And Why Are They Falling So Fast?

Posted on January 22, 2016

The price point at which crude oil is traded internationally is fixed predominantly by the Brent Crude Oil, West Texas Intermediate Crude Oil and Dubai/Oman Crude Oil benchmarks.  As of December 15, 2014, rates are as follows: Brent Crude Oil … →

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