Gotcommodities.com
Oil (Crude oil)
Crude oil is the commodity that is helping to run the world. Crude oil is used for transportation fuel, petrochemicals, jet fuel, petrochemical feedstock, solvents, lubricants etc. In short, its uses are more than 'just' transportation fuel. It is therefore a prized commodity and in demand throughout the world.
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Worldwide market prices: Links
Since crude oil is extracted at different places in the world and the extracted oil is of different grades based on sulfur content etc. The worldwide pricing is not fixed in one single price like it is in case of gold or silver. The prices is different for different grades.
BRENT oil price: For oil which is extracted in the North sea region. It is lighter and sweeter (less sulfur) than other grades.
WTI oil price: This is the price for oil which is extracted in USA and is heavier and has more sulfur in the oil supply. Dubai crude oil: The dubai crude oil price of the standard for the crude oil produced in the persian gulf/UAE region. A recent addition has been the Murban crude oil price which is a price for sweeter crude oil.
After searching online, by far the best place to track the oil prices is oilprice.com. It offers a comprehensive overview of the prices of different grades wordlwide.
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Top 10 oil companies in the world:(link in buttons below)
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Expert opinions:
Based on our experience, the following resources/people have a good track record of providing good oil market analysis: (we cannot cover all, more coming soon)​
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News about oil markets: Links
The following websites provide comprehensive oil market insights for investors: (to be updated with more links)
