The real-time price of Brent crude oil is at $72.26 per barrel, and the price of WTI crude oil is at $68.40 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...
Due to its 'lightness' and 'sweetness', WTI crude is normally selling at about $1-$2/ barrel premium to Brent. Brent is actually a blend of crude oil from 15 different oil fields the North Sea.