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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.

2. 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 · OPEC oil price annually 1960-2024. 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...

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4. en.wikipedia.org › wiki › Price_of_oilPrice of oil - Wikipedia

   en.wikipedia.org › wiki › Price_of_oil

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   1 day ago · 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.

5. www.reuters.com › markets › commoditiesOil prices dip as investors fret over demand outlook | Reuters

   www.reuters.com › markets › commodities

   3 days ago · Crude oil prices fell 1% on Tuesday as weak U.S. consumer confidence data fed worries about the economic outlook and fuel demand after a slow start to the U.S. summer driving season.

6. www.cbc.ca › news › canadaOil prices continue slide as OPEC+ boosts supply despite ...

   www.cbc.ca › news › canada

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   Jun 4, 2024 · The closing price of Brent, the global benchmark price, on Monday was below $80 US for the first time since Feb. 7 after falling more than three per cent. U.S. West Texas Intermediate crude...

7. fred.stlouisfed.org › graphSpot Crude Oil Price: West Texas Intermediate (WTI) | FRED ...

   fred.stlouisfed.org › graph

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   Jun 5, 2024 · Graph and download economic data for Spot Crude Oil Price: West Texas Intermediate (WTI) from Jan 1946 to May 2024 about WTI, crude, oil, price, and USA.

8. People also ask

   What is oil price?

   • The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil —a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil, Isthmus, and Western Canadian Select (WCS).

   Price of oil - Wikipedia

   en.wikipedia.org/wiki/Price_of_oil

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   Why did crude oil prices fall 1% on Tuesday?

   • HOUSTON, June 25 (Reuters) - Crude oil prices fell 1% on Tuesday as weak U.S. consumer confidence data fed worries about the economic outlook and fuel demand after a slow start to the U.S. summer driving season. Brent futures for August settled down $1, or 1.2%, at $85.01 a barrel. U.S. crude futures settled at $80.83, down 80 cents or 1%.

   Oil prices dip as investors fret over demand outlook

   www.reuters.com/markets/commodities/oil-prices-steady-markets-weigh-supply-tensions-china-economic-recovery-2024-06-25/

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   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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   How much does crude oil cost per barrel?

   • According to a January 2020 EIA report, the average price of Brent crude oil in 2019 was $64 per barrel compared to $71 per barrel in 2018. The average price of WTI crude oil was $57 per barrel in 2019 compared to $64 in 2018.

   Price of oil - Wikipedia

   en.wikipedia.org/wiki/Price_of_oil

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9. www.theglobeandmail.com › business › industry-newsOil prices drop as OPEC+ decision spotlights shaky demand

   www.theglobeandmail.com › business › industry-news

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