Tuesday , 3 December 2024

Tag Archives: West Texas Intermediate Crude

Crude Oil: How ‘Sweet’ it can be! (+2K Views)

Some people arbitrarily speak about oil as if it is a single, indistinguishably homogenous substance without any unique differentiation, but this is actually not the case at all! In fact, there are many different kinds of oil. Words: 1007

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Brent vs. West Texas Intermediate Crude Oil: What’s the Diff? (+2K Views)

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

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