What Are Crude Oil Inventories And Why Do They Matter?

A laptop and data to represent the data of crude oil inventories.

Also known as crude stockpiles, inventories are the reserves of crude oil (unrefined) available to a nation. Typically, oil inventory figures help dictate global supply and demand of crude oil. But why do they matter so much? And why is it that they exert such controlling influence over the broader market conditions? The team here […]

What Are The Differences Between WTI Crude And Brent Crude Oil?

A picture of oil barrels to depict the different types of crude.

In the world of crude oil, there are two globally accepted main players. WTI (West Texas Intermediate) Crude and Brent Crude oil. Over the years, these two oil types have influenced the world in more ways than we could even begin to list. In fact, crude oil is the world’s most traded commodity, with around […]