James Stafford of Oil Price.com has a great new resource, Oil Price Charts. He writes,

we have just finished an 18-month project to bring all of the different oil prices in the world (that have never been available to the public) out into the public domain and for free.
You used to have to pay a $50,000 annual fee for this pricing data, and I thought that was ridiculous, so we have created this page with the goal of bringing a bit more transparency to markets: http://oilprice.com/oil-price-charts

Most people don’t realize just how many oil prices there are in the world. You may be shocked to find out that on the 11th of October there was a 67.18% price differential between two oil blends.

So while oil prices ranged from $35.50 to $59.35, the monopoly that data companies hold over the industry meant that the price of oil was simply reported as $50.79 – the price of WTI.

I invite you to visit Oil Price Charts often, and read the Oil Price.com website’s many articles. As he explains, the significance of this data in everything from geopolitics to finance is undeniable.

Related: U.S. Output Hits All-Time High