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  1. 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. The current price of WTI crude oil as of July 01, 2024 is $83.23 per barrel. Historical Chart. 10 Year Daily Chart. By Year. By President. By Fed Chair.

  2. Price - Chart - Historical Data - News. WTI crude futures held near $84 per barrel on Friday and were set to advance for the fourth straight week as falling US crude inventories and signs of strong seasonal demand supported oil prices. The US oil benchmark is up about 3% so far this week. The US EIA reported that US crude stockpiles declined by ...

  3. Jun 20, 2024 · Date range. 1861–2023 ... Energy analyses data on world energy markets from the prior year. ... by Our World in Data. “Oil price - Crude prices since 1861 ...

  4. Jan 4, 2022 · The spot price of Brent crude oil, a global benchmark, started the year at $50 per barrel (b) and increased to a high of $86/b in late October before declining in the final weeks of the year. Brent’s 2021 annual average of $71/b is the highest in the past three years.

  5. Feb 29, 2024 · Basic Info. Average Crude Oil Spot Price is at a current level of 81.20, down from 81.44 last month and up from 73.26 one year ago. This is a change of -0.29% from last month and 10.84% from one year ago. The Average Crude Oil Spot Price calculates an equally weighted price of the WTI Crude Oil Price, Brent Crude Oil Price, and Dubai Crude Oil ...

    Date
    Value
    June 30, 2024
    81.20
    May 31, 2024
    81.44
    April 30, 2024
    88.01
    March 31, 2024
    83.55
  6. May 12, 2021 · Based on the current agreement, global oil production is set to grow by 3.8 mb/d from April to December. For 2021 as a whole, world oil production expands by 1.4 mb/d year-on-year versus a collapse of 6.6 mb/d in 2020. Canada leads non-OPEC+ with growth of 340 kb/d while the US is set to contract by a further 160 kb/d.

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  8. Price - Chart - Historical Data - News. Brent crude futures rose to $87.5 per barrel, the highest in over two months, supported by a significant drop in US inventories reported last week and an optimistic US fuel demand forecast. The US Energy Information Administration (EIA) reported a 12.2 million barrel decrease in crude stockpiles, well ...

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