What is the difference between WTI and Brent crude?
WTI is the main U.S. oil benchmark. Brent is the main international benchmark and is widely used to price crude exported into Europe, Africa and parts of Asia.
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WTI is the main U.S. oil benchmark. Brent is the main international benchmark and is widely used to price crude exported into Europe, Africa and parts of Asia.
Energy markets react fast to inventory reports, refinery outages, weather changes, OPEC+ decisions, shipping disruptions, demand forecasts and moves in the U.S. dollar.
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