Crude Oil Prices Today: WTI Prices Increase by 1.78%
Monday, 12 August 2024, 08:24
WTI Oil Overview
WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered light. WTI also has a sulfur content of just 0.24%, making it very sweet.
Current Market Trends
As of today, WTI crude oil prices have surged by 1.78%, indicating a strong market trend.
Key Factors Affecting Prices
- Global Demand Fluctuations
- Supply Chain Dynamics
- Geopolitical Influences
These factors are essential for investors focusing on energy commodities.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.