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The price of the oil vs The price of the oil reached

These two phrases are not directly comparable as they serve different purposes. 'The price of the oil' is a noun phrase that refers to the cost of oil, while 'the price of the oil reached' is a fragment that seems to be the beginning of a sentence describing a specific event related to the oil price. They can be used in different contexts and are not interchangeable.

Last updated: March 20, 2024

The price of the oil

This phrase is correct and commonly used in English to refer to the cost of oil.

This phrase is used to talk about the cost or value of oil in a given context.
  • the price of the oil futures contract of maturity h as the h-period market expectation of the nominal price of crude oil. This is, for example, how the International ...
  • Jan 14, 2016 ... The “less bad” forecast is supported in part by an increased correlation between energy-sector stocks and the price of the oil. But remember ...
  • Dec 2, 2015 ... ... followed by a subsequent high of the crude oil price, suggests on a relation between the price of the oil and the evaluation of the US dollar.
  • Jan 6, 2016 ... That way, they know the price of the oil, can plan for it financially, and therefore reduce (or hedge) the risk to their corporations. Traders in the ...

The price of the oil reached

This phrase is incomplete and does not form a complete sentence. It seems to be the beginning of a sentence that could describe an event related to the oil price.

This fragment could be completed with additional information to form a complete sentence, such as 'the price of the oil reached a record high last week.'
  • The price of the oil reached a peak amounting $20 in February and again touched the lowest point amounting only $10 in July. Student enrollment in foreign ...
  • Aug 4, 2014 ... Once the price of the oil reached artificially high levels, the conspirators sold the derivatives short at the higher prices, the CFTC claimed. Later ...

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