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1. www.statista.com › statistics › 262858OPEC crude oil price statistics annually 1960-2024 | Statista

   www.statista.com › statistics › 262858

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   Jun 17, 2024 · The preliminary 2024 OPEC oil price stood at 83.64 U.S. dollars per barrels, as of May. This would be higher than the 2023 average, which amounted to 82.95 U.S. dollars.

   • Saudi Arabia

     Consumption of petroleum products and crude oil in Libya...

2. www.reuters.com › business › energyOil drops as OPEC+ boosts supply even though demand is shaky

   www.reuters.com › business › energy

   Jun 4, 2024 · Oil prices fell more than $1 a barrel on Tuesday on scepticism about an OPEC+ decision to boost supply later this year into a global market where demand has already shown signs of weakness.

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4. oilprice.com › Energy › Oil-PricesOil Prices Shed Over 3% As Market Digests OPEC+ Move

   oilprice.com › Energy › Oil-Prices

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   Jun 3, 2024 · On Monday at 11:54 a.m. ET, Brent crude was trading down 3.29% at $78.44, for a loss of $2.67 on the day. West Texas Intermediate (WTI) was down 3.51% at $74.29 per barrel, for a loss of...

   • Author: Tom Kool

5. www.hartenergy.com › exclusives › whats-affectingWhat's Affecting Oil Prices This Week? (June 3, 2024)

   www.hartenergy.com › exclusives › whats-affecting

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   Jun 3, 2024 · The price of Brent crude ended the week at $81.37 after closing the previous week at $82.12. The price of WTI ended the week at $77.16 after closing the previous week at $77.72. The price of Brent and the price of WTI have dropped below their 200-day moving average.

6. www.reuters.com › business › energyOil prices ease on strong dollar, mixed global economic news

   www.reuters.com › business › energy

   Jun 21, 2024 · June 21 (Reuters) - Crude prices eased about 1% on Friday on worries that global oil demand growth could be hit by a strong U.S. dollar and negative economic news from some parts of the world.

7. 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.

8. People also ask

   Why did oil prices fall more than $1?

   • LONDON, June 4 (Reuters) - Oil prices fell more than $1 on Tuesday on scepticism about an OPEC+ decision to boost supply later this year into a global market where demand has already shown signs of weakness. Extending losses from a four-month low in the previous session, Brent crude futures were down $1.11, or 1.4%, at $77.25 a barrel by 1336 GMT.

   Oil drops as OPEC+ boosts supply even though demand is shaky

   www.reuters.com/business/energy/oil-prices-extend-losses-worries-supply-rising-later-2024-2024-06-04/

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   Why did crude prices drop 1% on Friday?

   • June 21 (Reuters) - Crude prices eased about 1% on Friday on worries that global oil demand growth could be hit by a strong U.S. dollar and negative economic news from some parts of the world. Prices declined despite signs of improving U.S. oil demand and falling fuel inventories that helped boost crude prices to a seven-week high a day earlier.

   Oil prices ease on strong dollar, mixed global economic news

   www.reuters.com/business/energy/oil-prices-slip-rate-hike-worries-come-into-focus-2024-06-21/

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   Why did oil prices ease 1% on Friday?

   • Covers the North American power and natural gas markets. Crude prices eased about 1% on Friday on worries that global oil demand growth could be hit by a strong U.S. dollar and negative economic news from some parts of the world.

   Oil prices ease on strong dollar, mixed global economic news

   www.reuters.com/business/energy/oil-prices-slip-rate-hike-worries-come-into-focus-2024-06-21/

   See all results for this question

   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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   Will 'bad news is bad news' lead to lower oil prices?

   • On top of this, supply is rising from non-OPEC producers such as the U.S. "With the 'bad news is bad news' mantra in place, further evidence of economic weakness may lead oil prices lower," IG market strategist Yeap Jun Rong said in an email. The U.S. government will release inventory and product supplied data on Wednesday.

   Oil drops as OPEC+ boosts supply even though demand is shaky

   www.reuters.com/business/energy/oil-prices-extend-losses-worries-supply-rising-later-2024-2024-06-04/

   See all results for this question

   How much oil did the US supply last week?

   • Data from the U.S. Energy Information Administration on Thursday showed total product supplied, a proxy for oil demand, rose by 1.9 million barrels per day last week to 21.1 million barrels per day.

   Oil prices ease on strong dollar, mixed global economic news

   www.reuters.com/business/energy/oil-prices-slip-rate-hike-worries-come-into-focus-2024-06-21/

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9. www.nasdaq.com › market-activity › commoditiesCrude Oil (CL:NMX) Historical Price Data | Nasdaq

   www.nasdaq.com › market-activity › commodities

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   Jun 21, 2024 · Crude Oil (CL:NMX) Historical Prices - Nasdaq offers historical prices & market activity data for US and global markets.