However, in 2007, due to the depletion of the North Sea Oil field, Brent Crude futures had traded at a premium to WTI of approximately $1 to $3 per barrel. Some of you may already be familiar with ...

The real-time price of Brent crude oil is at $81.28 per barrel, and the price of WTI crude oil is at $78.13 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...