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Crude Oil - data, forecasts, historical chart - was last updated on July 8 of 2024. Crude Oil increased 10.78 USD/BBL or 15.04% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.
Jun 20, 2024 · Global crude oil prices, measured in US dollars per cubic meter. This data is not adjusted for inflation.
Oilprice.com, in cooperation with its partners, offers over 150 crude oil blends and indexes from all around the world, providing users with oil price charts, comparison tools and smart...
International PricesLastChange% ChangeDas85.89+0.15+0.17% (17 Hours Delay)Umm Lulu87.04+0.15+0.17% (17 Hours Delay)Upper Zakum86.75+0.24+0.28% (17 Hours Delay)Marine85.28+0.97+1.15% (6 days Delay)- World oil demand is set to contract by 110 kb/d y-o-y in 4Q22, reaching 100.8 mb/d, up by 130 kb/d compared with last month’s Report. Strong gasoil use in key consuming countries outweighs weak European and Asian petrochemical deliveries.
- World oil supply fell 190 kb/d in November to 101.7 mb/d, breaking a five-month uptrend, after Saudi Arabia and other Gulf countries curbed supply in line with lower OPEC+ output targets.
- Global refinery throughputs surged 2.2 mb/d in November to the highest since January 2020, resulting in sharply lower diesel and gasoline cracks and refinery margins.
- Russian oil exports increased by 270 kb/d to 8.1 mb/d, the highest since April as diesel exports rose by 300 kb/d to 1.1 mb/d. Crude oil loadings were largely unchanged m-o-m, even as shipments to the EU fell by 430 kb/d to 1.1 mb/d.
Get crude oil prices in realtime, including live charts for WTI, crude oil futures prices, historical data, news & analysis.
Aug 11, 2022 · World oil demand is now seen rising by 2.1 mb/d in 2022 to 99.7 mb/d and by a further 2.1 mb/d next year, when it surpasses pre-Covid levels at 101.8 mb/d. The outlook for world oil supply has been revised upward, with more limited declines in Russian supply than previously forecast.
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Jan 19, 2022 · Upward revisions to our demand estimates and a slightly lower outlook for world oil supply have tightened our balances for 2022, although they still show a 1Q22 surplus. Robust demand, unscheduled supply outages and strong stock draws in December pushed benchmark oil prices to seven-year highs.
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