Crude Oil

Global

Crude oil is priced off a handful of benchmarks, with Brent settling at $102.25 a barrel and WTI at $91.11 on Oct 2. The United States (13.6 million barrels a day, a record), Russia (9.9 million) and Saudi Arabia (9.6 million) were the largest producers in 2025 (EIA). What a barrel is worth depends