There are two main prices of crude oil in the world — Brent and WTI, short for West Texas Intermediate. WTI is the American price and for years it has been sold at a lower price than Brent, but now it has totally caught up.
Marketplace Sustainability Correspondent Scott Tong explains what this tells us about world oil markets.
Produced by Mukta Mohan
5 hours ago25:19
11 hours ago19:00
14 hours ago6:55
18 hours ago8:33
3 days ago56:05
24 days ago32:45