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Jun 20, 2024 · Global crude oil prices, measured in US dollars per cubic meter. This data is not adjusted for inflation.
Sep 17, 2024 · The Well sat down with Arbogast (over Zoom) to learn why oil prices dropped below zero for the first time in history in April 2020. Q. Why did oil prices suddenly decrease as the COVID-19 pandemic spread? A. There is an unprecedented amount of what we call demand destruction, which is when demand for oil products suddenly disappears.
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. Interactive charts of West Texas Intermediate (WTI or NYMEX) crude oil prices per barrel back to 1946.
Nov 12, 2020 · The IEA Oil Market Report (OMR) is one of the world's most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining activity, as well as oil trade for IEA and selected non-IEA countries.
Dec 15, 2020 · Our analysis suggests that the global crude market will have a stock surplus of 625 mb at the start of 2021 versus December 2019. If we assume that Chinese balances are neutral in 2021, the market will absorb the 183 mb located elsewhere and in July it will move into deficit versus end-2019.
Apr 22, 2020 · But such is the collapse in demand, they can't cut fast enough and the price of the more global measure, Brent Crude, has continued to collapse, hitting a 20-year low this morning of $16....
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Jul 10, 2020 · Crude prices increased in June for the second successive month. North Sea Dated prices oscillated between $38-$43/bbl, supported by tighter fundamentals but capped by rising numbers of Covid-19 cases and economic uncertainty. By early July, prices were firmly above $43/bbl.
