by Thanvir | Oct 23, 2018 | Benchmark Oil Price
A new oil price benchmark was launched on Monday that could make Houston the new hub for US oil prices. Intercontinental Exchange Inc., a commodity trading exchange also known as ICE, has introduced the West Texas Intermediate pricing guide, which will deliver oil...
by Thanvir | Oct 19, 2018 | Benchmark Oil Price
Crude oil prices have continued to rise since the beginning of the year and have even reached record levels, most recently in November 2014. Surprisingly, despite the recent downgrading of the International Monetary Fund (IMF) global growth forecasts for 2018 and...