Israel’s TV channel interviewed two Israeli women of Libyan origin who claimed to be relatives of Libyan leader Muammar Gaddafi,
Get ready to mark the date on your peak oil calendars.
It's been a long time coming, but Brent crude may finally top the light sweet crude from Texas — known as Western Texas Intermediate — as the global oil benchmark.
Typically, WTI crude from Cushing, Oklahoma, holds a higher price than Brent crude.
The difference is in the quality: the less sulfur, the easier it is to refine the crude into gasoline.
WTI is both lighter and sweeter, containing about 0.24% sulfur. Brent crude has about 0.37% sulfur and is still classified as a sweet crude.