Oil prices for 18 January:
WTI Crude Oil (Light Sweet) price at NYMEХ Stock Exchange stood at $52.21 per barrel. Brent Crude Oil price at London’s IСE Stock Exchange stood at $61.15 per barrel.
Barrel is the unit of measurement of oil volume. One barrel equals to 159.98 liter.
New York’s NYMEХ (New York Merchantile Exchange) is a US futures market founded in 1882. It ranks first in oil futures trade. Currently trade is carried out by the exchange’s two divisions, the NYMEX Division and ...
