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Study with Quizlet and memorize flashcards containing terms like Canada, Saudi Arabia, Venezuela and more.
Study with Quizlet and memorize flashcards containing terms like Canada/Ottawa, United States/Washington D.C, Mexico/Mexico City and more.
Study with Quizlet and memorize flashcards containing terms like Canada, United States, Mexico and more.
Interactive charts of West Texas Intermediate (WTI or NYMEX) crude oil prices per barrel back to 1946. The price of oil shown is adjusted for inflation using the headline CPI and is shown by default on a logarithmic scale. The current month is updated on an hourly basis with today's latest value.
YearAverageclosing PriceYear OpenYear High2024$78.95$71.65$87.012023$77.64$80.26$93.842022$94.53$76.08$123.702021$68.17$47.62$84.65May 4, 2022 · Historical oil prices rose rapidly from 2004-2008. During that time, economic growth was fueling oil demand but there was little spare production capacity. By the second quarter of 2008, inflation-adjusted oil prices hit a high of $125 per barrel.
Jun 20, 2024 · Global crude oil prices, measured in US dollars per cubic meter. This data is not adjusted for inflation.
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Study with Quizlet and memorise flashcards containing terms like What are the top 5 oil-producing countries?, Approximately much crude oil is consumed per day globally (as of august 2022), What are some products oil is used for? and others.