Tag Archives: oil prices

Factors Affecting Oil Prices Crude Oil prices are determined by commodities traders who buy oil futures contracts in the commodities market. These contracts are agreements to buy or sell oil at a specific date in the future for an agreed-upon price. They are executed on the floor of a commodity exchange by traders and investors ...

Hedge funds increased bullish bets on WTI to the highest level since May 2011, according to the U.S. Commodity Futures Trading Commission.