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1. ourworldindata.org › grapher › crude-oil-pricesCrude oil prices - Our World in Data

   ourworldindata.org › grapher › crude-oil-prices

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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.

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3. www.eia.gov › outlooks › steoShort-Term Energy Outlook - U.S. Energy Information ...

   www.eia.gov › outlooks › steo

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   Jun 11, 2024 · Global oil prices and inventories The Brent crude oil spot price averaged $82 per barrel (b) in May, down $8/b from April. Daily spot prices also initially fell following the OPEC+ announcement on June 2, closing at $78/b on June 6.

4. commodity.com › energy › oilToday’s Oil Price: Brent Crude & WTI Oil Prices Today

   commodity.com › energy › oil

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   1 day ago · The real-time price of Brent crude oil is at $86.44 per barrel, and the price of WTI crude oil is at $83.44 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in the US or when referring to US crude oil. See the historical price charts and analysis below.

   • Oil prices are quoted per barrel, or ‘bbl’. The abbreviation indicates one barrel of crude oil, but you may see Gbbl (one billion barrels), as well...
   • Exactly one month ago, Brent crude oil’s spot price was at $[commodity-day-price currency="USD" symbol="XBR" day="month"] per barrel. Compared to t...
   • The highest ever historical WTI crude oil price was at $141.63 per barrel. Compared to today’s spot price that’s [commodity-day-change-wording symb...

5. blogs.worldbank.org › en › opendataOil market dynamics: The calm after the storm - World Bank Blogs

   blogs.worldbank.org › en › opendata

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   Jun 14, 2024 · Oil prices are projected to average $84 per barrel in 2024, slightly up from $83/bbl in 2023, before declining to $79/bbl in 2025. Potential risks to the outlook include escalation of conflicts, lower-than-expected oil supply in North America, and weaker-than-expected global GDP growth.

6. ourworldindata.org › grapher › oil-production-by-countryOil production - Our World in Data

   ourworldindata.org › grapher › oil-production-by-country

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   Jun 20, 2024 · The Energy Institute provides fossil fuel production data from 1965 onwards (and crude prices from 1861 onwards). The Shift Dataportal provides long-term data from 1900, but only extends to 2016.

7. www.iea.org › events › oil-market-report-october-2022Oil Market Report - October 2022 - Event - IEA

   www.iea.org › events › oil-market-report-october-2022

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   Oct 3, 2022 · Featuring tables, graphs and statistics, the OMR provides all the data necessary to perform ad-hoc analysis and track oil market developments and to identify trends in production, consumption, refining, inventories in OECD countries and prices for both crude and products.

8. People also ask

   How are global crude oil prices measured?

   • Global crude oil prices, measured in US dollars per cubic meter. This data is not adjusted for inflation.

   Crude oil prices - Our World in Data

   ourworldindata.org/grapher/crude-oil-prices

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   What will oil prices look like in 2024?

   • Oil prices are projected to average $84 per barrel in 2024, slightly up from $83/bbl in 2023, before declining to $79/bbl in 2025. Potential risks to the outlook include escalation of conflicts, lower-than-expected oil supply in North America, and weaker-than-expected global GDP growth.

   Oil market dynamics: The calm after the storm - World Bank Blogs

   blogs.worldbank.org/en/opendata/oil-market-dynamics--the-calm-after-the-storm-

   See all results for this question

   Why are oil prices so volatile in 2024?

   • Over the past six months, prices have been volatile, influenced by heightened geopolitical tensions, OPEC+ production cuts, and some signs of firming global industrial activity. Oil prices are projected to average $84 per barrel in 2024, slightly up from $83/bbl in 2023, before declining to $79/bbl in 2025.

   Oil market dynamics: The calm after the storm - World Bank Blogs

   blogs.worldbank.org/en/opendata/oil-market-dynamics--the-calm-after-the-storm-

   See all results for this question

   What is the abbreviation for a barrel of crude oil?

   • The abbreviation indicates one barrel of crude oil, but you may see Gbbl (one billion barrels), as well as Mbbl (one million barrels) or Kbbl for one thousand barrels. For example, you can see that Brent crude oil spot prices are quoted by the barrel (bbl), as are West Texas Intermediate (WTI) oil prices on global futures exchanges like NYMEX.

   Today’s Oil Price: Brent Crude & WTI Oil Prices Today

   commodity.com/energy/oil/price/

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9. www.eia.gov › outlooks › steoShort-Term Energy Outlook - U.S. Energy Information ...

   www.eia.gov › outlooks › steo

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   Jun 11, 2024 · What is the outlook for crude oil prices in 2024 and 2025? January 2024: A look back at our forecast for global crude oil prices in 2023 : January 2024: 2023; How do different crude oil prices affect U.S. crude oil and natural gas production? November 2023: What effect have sanctions had on Russia’s production of petroleum and other liquids ...