Q:

How can I find current prices for crude oil throughout the world?

A:

Quick Answer

Current values for crude oil prices are available from live data sources, such as those administered by Bloomberg. Brent, West Texas and the Middle East offer major crude oil benchmarks, notes The Financial Times.

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How can I find current prices for crude oil throughout the world?
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Full Answer

Bloomberg offers the current prices denominated in US dollars for both Brent and West Texas (WTI) crude oil as part of its commodities data. The absolute and percentage change from the previous price is also shown. The Tokyo Commodities Exchange (TOCOM) calculates the average value of crude oil from Dubai and Oman and generates a benchmark price. This price is also displayed as part of Bloomberg's data, but it appears in Japanese Yen, necessitating currency conversion to view the price in US dollars.

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