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  1. Jan 11, 2022 · US oil prices rose sharply on Tuesday, climbing above $81 a barrel for the first time in two months. Crude closed at $81.22 a barrel, up nearly 4% on the day. It’s the highest level for oil ...

  2. Jun 3, 2022 · The price of Brent crude, the global benchmark, shot up past $124 a barrel earlier this week — its highest level since early March — after the European Union announced it would slash 90% of its Russian oil imports by the end of this year. Prices have since fallen back slightly to around $117, largely because of expectations that OPEC will ...

  3. Mar 7, 2022 · What’s happening: The price of oil soared to its highest level since 2008 on Monday as Western nations weighed an embargo on crude from Russia, the world’s second largest exporter. US crude ...

  4. Feb 14, 2022 · Oil prices have been climbing ever since the global economy started to recover from Covid-19. Now, as the United States warns that Russia could imminently invade Ukraine, they're pushing even higher.

  5. Apr 12, 2022 · 01:10. See More Videos. New York CNN Business —. Turbulence in the oil market continued on Tuesday, with crude prices soaring back above $100 a barrel on concerns about a loss of supply of oil ...

  6. 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.

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  8. 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 ...

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