World Oil Price per Barrel Today, Tuesday, March 31, 2026

Jakarta, Pintu News – Worldoil prices per barrel today, Tuesday, March 31, 2026, showed volatile movements, with Brent Crude recorded at $106.56 and WTI at $102.24. Both experienced significant fluctuations after sharp spikes in the previous few days, reflecting market reactions to geopolitical tensions and economic factors affecting global energy supply and demand.

Crude Oil Price (WTI Crude Oil) Today

As of today, the WTI chart shows a more volatile but relatively more defensive pattern. Prices briefly rose to close to US$106-107 per barrel before correcting sharply to the area around US$101-102, then moving sideways again with a slight recovery. By the end of the period, WTI was at US$102.24 per barrel, so in general both charts reflected high volatility, but Brent experienced more pronounced weakness than WTI.

Brent Crude Oil Price Today

Meanwhile, the Brent Crude chart shows intraday movements that tend to weaken. Prices were in the upper range of around US$115-116 per barrel at the beginning of the period, then fell gradually and experienced a sharp correction in the morning to touch the area around US$106. Thereafter, Brent moved more steadily and closed at around US$106.56, signaling a fairly dominant selling pressure despite consolidation at the end of the session.

Read also: Selling Price of Gold Without Letter 5K – 24K Today, Tuesday, March 31, 2026

What is the Difference between Brent Crude Oil and WTI Crude Oil?

Brent Crude Oil and WTI (West Texas Intermediate) are two major types of crude oil with important differences. Brent Crude comes from the North Sea and is used as a benchmark for international oil prices, with a higher sulfur content and is often affected by global geopolitical factors.

WTI comes from the United States, is lighter and sweeter, and is used as a price benchmark in the US domestic market. WTI is affected by local market dynamics, while Brent tends to be more expensive due to distribution and quality factors.

CVXon: Chevron Stock Assets in a Blockchain World

As blockchain technology develops, it is now possible to own shares of large companies in digital form through tokenized assets.

Chevron (CVXON) is a tokenized stock issued by Ondo Global Markets (BVI) Limited, a provider of tokenization of real-world assets on blockchain networks such as Ethereum, BNB Chain, and Solana. The underlying shares for CVXon are purchased through a securities broker-dealer registered in the United States and held in the custody of a licensed broker-dealer, to ensure each token is backed by a corresponding stock asset.

This token provides exposure to Chevron Corporation shares, which are traded on the NYSE, so its value follows the movement of its underlying stock price. Chevron itself is known as a global energy company engaged in oil, gas, fuels, petrochemicals, and other energy solutions.

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Reference

• Trading Economics
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