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Fifty percent
- Fifty percent of the time prices U.S. and world prices were below the median oil price of $16.71 per barrel.
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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.
- 10 Year Daily Chart
WTI Crude Oil Prices - 10 Year Daily Chart. Interactive...
- Crude Oil vs Gasoline Prices
This interactive chart compares the monthly price...
- Saudi Arabia Crude Oil Production
Interactive chart showing the monthly level of Saudi Arabia...
- Crude Oil Prices Today - Live Chart
Live interactive chart of West Texas Intermediate (WTI or...
- Oil Prices vs Natural Gas
Crude Oil vs Natural Gas - 10 Year Daily Chart. This...
- 10 Year Daily Chart
May 4, 2022 · By the second quarter of 2008, inflation-adjusted oil prices hit a high of $125 per barrel. They crashed by 66% shortly thereafter due to the global financial crisis. Most recently, the COVID-19 pandemic and associated containment measures caused historical oil prices to drop by nearly 40% in three months.
Mar 14, 2024 · World oil demand growth is now forecast at 1.3 mb/d in 2024, down sharply from last year’s 2.3 mb/d expansion. The slowdown in growth, already apparent in recent data, means that oil consumption reverts towards its historical trend after several years of volatility from the post-pandemic rebound.
Crude Oil increased 10.28 USD/BBL or 14.35% 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 June of 2024.
The global average price of oil dropped to US$43.73 per barrel in 2016. By December 2018, OPEC members controlled approximately 72% of total world proved oil reserves, and produced about 41% of the total global crude oil supply. In June 2018, OPEC reduced production.
Jun 20, 2024 · Global crude oil prices, measured in US dollars per cubic meter. This data is not adjusted for inflation.