We use crude oil for everything from running our cars to making plastic. The need for oil causes conflicts and gives power to those countries that have an abundance of it. Taking all this into account, not too many of us actually know how it’s priced. A lot of us hear how much it costs per barrel or get mad when prices go up at the pump but what’s the method behind the madness? Hopefully, I can shed a little light on the process. Words: 790
Read More »Brent vs. West Texas Intermediate Crude Oil: Which is a Better Investment? (+2K Views)
Beyond the attributes that set West Texas Intermediate Crude (WTIC) and Brent crude oil apart comes the question of which type of crude makes for a better investment. Recent historical data puts that question to rest, as one clear winner emerges. [Read on!] Words: 590
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