World Oil Price per Barrel Today, Thursday March 12, 2026

Jakarta, Pintu News – Worldoil prices per barrel today, Thursday, March 12, 2026, showed volatile movements, with Brent Crude recorded at $100.83 and WTI at $95.024. 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.

Brent Crude Oil Price Today

The first chart shows the price trend of Brent Crude Oil, which started around $100. The price showed a steady increase throughout the day, peaking at around $101, before dropping slightly and stabilizing at $100.83. This movement shows a moderate increase, with brief fluctuations in the morning, reflecting a stable but slightly bullish market sentiment.

Crude Oil Price (WTI Crude Oil) Today

Meanwhile, the second chart depicts the price movements of WTI Crude Oil. The price of WTI Crude started slightly lower, around $94.50, and experienced a consistent upward trend, reaching $95.02 during the morning. Although the price spiked sharply at one point, it later stabilized, reflecting mild volatility in the market but maintaining an overall positive trend.

Read also: Antam Retro Gold Price Today, Thursday, March 12, 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 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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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Trading Economics
• Featured Image: Generated by AI