crude oil price

The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil, Isthmus, and Western Canadian Select (WCS). Oil prices are determined by global supply and demand, rather than any country's domestic production level.

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  1. blohot

    Will the Iran war push more people towards EVs?

    So, I’ve been thinking about the situation over in Iran and what it might mean for us here in the UK when it comes to buying cars. You probably know that right now, about 22 out of every 100 new cars sold in the country are electric. That number has been stuck there for a little while. But with...
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