Crude oil is one of the most actively traded commodities in the world. Petroleum still remains the primary energy source for transportation and manufacturing industries. For this reason, oil price movements may impose significant influence on economic situation in different countries. Oil prices are changing due to the interaction between supply and demand forces on the international commodity markets. There are three major markers of crude oil commonly traded on commodities exchange: Brent, WTI (West Texas Intermediate) and Dubai. Statistics below depicts up-to-date figures on current oil prices as well as recent monthly price changes.
The Energy Data Brief offers key statistics designed to help energy market watchers anticipate and respond to developments in the energy sector as well as changes in related industries and investments.
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