After years of wrangling, the world’s most important oil price is about to be transformed for good, allowing crude supplies from west Texas to help determine the price of millions of barrels a day of petroleum transactions.
Crude oil traded marginally higher on Thursday as brightening prospects for the Chinese and U.S. economy have helped to keep prices of the critical commodity…
Energy (XLE) led the S&P sector standings by a wide margin as crude oil prices extended gains on supply disruption risks from Iraqi Kurdistan and hopes the banking turmoil has been contained
Oil futures rose early Monday, attempting to build on last week’s bounce, as worries around the U.S. banking sector eased. • West Texas Intermediate crude for…