How Crude Oil Prices are Determined, Benchmarks and Market Factors
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How Crude Oil Prices are Determined, Benchmarks and Market Factors
: In this video, we break down how crude oil prices are determined by a combination of oil quality and global benchmarks. Learn about the key benchmarks, including Brent Crude, West Texas Intermediate (WTI), Dubai/Oman, and the OPEC Reference Basket, and how factors like sulfur content and API gravity influence pricing. We also explore how real ...
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