The West Texas Intermediate for March delivery increased 1.00 U.S. dollar, or 1.38 percent, to settle at 73.32 dollars a barrel on the New York Mercantile Exchange. Brent crude for April delivery ...

The American Petroleum Institute (API) on Tuesday reported an increase of 9.043 million barrels of crude oil in U.S. inventories for the week ending Feb. 7.

For example, you can see that Brent crude oil spot prices are quoted by the barrel (bbl), as are West Texas Intermediate (WTI) oil prices on global futures exchanges like NYMEX. The highest ever ...