03/27/2026
Was reading news this morning and then looking into US vs global oil prices. I have to admit - I’ve always known Brent oil was a more global market and West Texas Intermediate is “US oil.” Brent crude is actually oil from the North Sea - a much cleaner oil that takes less refining, and widely used in Europe. Despite all the news in the Middle East - have you ever seen Dubai crude mentioned in the media? You’ll be “happy” to know that our oil and gas prices are up significantly less than middle eastern oil prices. 🤷♂️
(Data/graph created using Claude AI - I believe we pulled prices from oilprices.com)