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Frequently Asked Questions

What is the current price of crude oil?

1 Barrel US Oil Price = $87.28 CAD Today Low: 86.04, High: 99.76 CAD 1 Barrel Volume: 158.987 Litre Today, 1 USD Rate= 1.27595 CAD The crude oil price is updated on 28-Nov-2021 21:44:00 (GMT Time)

How do I invest crude oil?

The best way for most investors to invest in crude oil is through the companies that explore for, produce, transport, refine, and sell crude. Some of these companies, such as exploration and production companies, tend to rise in value when crude climbs and fall in value when crude drops.

What is the price per barrel of crude oil?

According to a January 2020 EIA report, the average price of Brent crude oil in 2019 was $64 per barrel compared to $71 per barrel in 2018. The average price of WTI crude oil was $57 per barrel in 2019 compared to $64 in 2018.

What is the stock symbol for crude oil?

The stock symbol for crude is WTI, which stands for West Texas Intermediate. Used as a benchmark in oil pricing, WTI is also referred to as Texas light sweet oil.

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