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78% of retail investor accounts lose money when trading CFDs with this provider.

Light Sweet Crude Oil

Light Sweet Crude Oil News

Core fuel or just a load of hot air?
Thursday, August 1, 2024 - 08:22
Core fuel or just a load of hot air?
Oil eyeing next move as OPEC extends cuts 
Friday, June 21, 2024 - 08:24
Oil eyeing next move as OPEC extends cuts 
oil-slide
Friday, May 24, 2024 - 13:40
Oil's slide continues despite geopolitical uncertainty
Oil on the up as conflict threatens Middle East
Friday, April 12, 2024 - 07:12
Oil on the up as conflict threatens Middle East

Light Sweet Crude Oil is a benchmark crude produced in Texas (USA) which contracts are traded on Chicago Mercantile Exchange. Historically its prices are close to those of Brent despite a higher quality.

Oil price setting equally depends on the geopolitics, macroeconomics and supply/demand balance. Oil prices are greatly influenced by a concerted position of Organization of Petroleum Exporting Countries (OPEC) which includes such countries as: Iran, Iraq, Kuwait, Saudi Arabia, Venezuela, Qatar, Libya, United Arab Emirates, Algeria, Nigeria, Ecuador, Angola.

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