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Oct 25, 2019 · While there are many crude oils traded around the globe, two of the major benchmark light sweet crudes are West Texas Intermediate (WTI) and North Sea Brent. Before 2010, there was little reason to specify which crude oil price was more important with respect to effects on domestic gasoline prices, as the two benchmarks traded at similar prices. Crude Oil Price Forecast – Crude Oil Markets Rally
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