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  1. Feb 29, 2024 · 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 Price.

  2. Crude Oil Prices - 70 Year Historical Chart. 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.

    Year
    Averageclosing Price
    Year Open
    Year High
    2024
    $78.95
    $71.65
    $87.01
    2023
    $77.64
    $80.26
    $93.84
    2022
    $94.53
    $76.08
    $123.70
    2021
    $68.17
    $47.62
    $84.65
  3. 4 days ago · Notes: Weekly, monthly, and annual prices are calculated by EIA from daily data by taking an unweighted average of the daily closing spot prices for a given product over the specified time period. See Definitions, Sources, and Notes link above for more information on this table.

  4. Crude Oil increased 12.50 USD/BBL or 17.44% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Crude Oil - values, historical data, forecasts and news - updated on July of 2024.

  5. 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.

  6. In May 2024, the price for one barrel of West Texas Intermediate (WTI) crude oil averaged 80.12 U.S. dollars. This was an increase compared to the previous year and was in part influenced...

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  8. Brent increased 10.41 USD/BBL or 13.51% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Brent crude oil - values, historical data, forecasts and news - updated on July of 2024.

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  2. Chevron is Boosting Permian oil Production to Meet the Demand for Reliable Energy in 2023. Carbon intensity of our Permian operations is nearly 2/3 lower than the industry average.