Confidential Oil Prices Now Free-of-Charge at OilPrice.com

Energy website aims to disrupt traditional model for oil price data
and analysis

LONDON–(BUSINESS WIRE)–#OilPrice—OilPrice.com,
the top energy news website, is making hundreds of global oil prices,
previously only available through paid services, available to investors
and others free-of-charge. The website is trying to disrupt a business
model they say is dominated by a few entrenched players that can charge
hefty subscription fees.

“Getting accurate prices for the different crude oil blends is
notoriously opaque and people spend tens of thousands of dollars per
year for the privilege. It’s infuriating,” said James Stafford, founder
and publisher of OilPrice.com and other websites. “It’s time to expose
these practices for what they are and get prices out in a more timely
way for investors, energy executives and journalists.”

There is a general lack of awareness about the number of global oil
prices, with most public information available for West Texas
Intermediate (WTI) and Brent Crude, which represent only a fraction of
the most important commodity market in the world. In fact, there are
hundreds of oil blends that vary greatly in price, from $64.27 to $41.13
as of November 15.

Dan Dicker, a leading energy analyst who is a contributor to
OilPrice.com and other financial news outlets, says just knowing where
the major futures contracts are when trading isn’t enough if you want to
thrive as an energy investor.

“You have to know the real prices at which prompt crude is being traded
for cash at all four corners of the globe, 24/7. This information is the
‘secret sauce’ that successful commercial oil marketers and investors
quietly hoarded for decades. Now OilPrice.com is bringing that access to
everyone,” said Dicker.

Stafford spent 18 months speaking to refiners, oil company executives,
brokers and trading houses around the world to obtain oil price
information that can now be tracked and charted for free at
OilPrice.com, including:

• OPEC and Middle East Blends – such as: All Iranian blends, Bonny
  light, Kuwait, Dubai, Middle East Sour, and Iraq blends
• Almost all U.S. and Canadian blends – hundreds of blends
• All Mexican blends & other Latin American blends
• Russian blends
• Chinese & Asian blends

About OilPrice.com

OilPrice.com
is the most popular energy news site in the world, focusing on analysis
focuses on Oil and Gas, Alternative Energy and Geopolitics. OilPrice.com
works with the largest names in financial news and provides news and
analysis to sites such as CNBC, Yahoo Finance, Nasdaq, Fortune, TIME
Magazine, Huffington Post, USA Today, CNN Money, Business Insider and
hundreds of others.

Contacts

Ennis Communications
Kate Ennis, 301-580-6726
[email protected]