Are Brent crude & WTI crude oil prices correlated?

Both Brent Crude and WTI Crude oil prices tend to be highly correlated. Brent Crude Oil is sourced from the North Sea and originally came from the Brent oil field. Brent in particular is useful for pricing any oil produce in the Atlantic Basin. One of the most notable times for the Brent Crude Oil Spot Price was in 2008.

What are the oil price charts?

The oil price charts offer live data and comprehensive price action on WTI Crude and Brent Crude patterns. Get information on key pivot points, support and resistance and crude oil news today. Daily Classical Pivot Points.

Where does Brent crude oil come from?

Brent Crude Oil is sourced from the North Sea and originally came from the Brent oil field. Brent in particular is useful for pricing any oil produce in the Atlantic Basin. One of the most notable times for the Brent Crude Oil Spot Price was in 2008. Prices for Brent Crude reached as high as $143.95/barrel because of large cuts in production.

How do I view the Brent crude live chart?

By moving the start and end of the timeframe in the bottom panel you can see both the current and the historical price movements of the instrument. In addition, you have an opportunity to choose the type of display of the Brent Crude live chart – Candles or Lines chart – through the buttons in the upper left corner of the chart.