There are different types of crude oil. The most important type of crude oil used in Europe is Brent Crude, named after the North Sea oilfield where it is extracted. Brent Crude is a ...
A move below the $73.00 level will push WTI oil towards the 50 MA at $71.65. Brentoil has also pulled back from session highs as traders remained bearish after the release of PMI data.
There are different types of crude oil. The most important type of crude oil used in Europe is Brent Crude, named after the North Sea oilfield where it is extracted. Brent Crude is a ...