Reuters | Texas shale challenges North Sea crude as world oil benchmark Reuters About 310 million U.S. crude futures contracts - worth about $16 trillion in oil - changed hands on CME's New York Mercantile Exchange (NYMEX) in 2017, far more than the about 242 million contracts in Intercontinental Exchange's Brent crude futures ... Buoyant oil prices withstand near-record US production Goldman Sachs raises oil price target, topping Street consensus The Oil Market Is Already Balanced |