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  2. Interactive charts of West Texas Intermediate (WTI or NYMEX) crude oil prices per barrel back to 1946. 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.

  3. Jan 4, 2022 · Crude oil prices increased in 2021 as increasing COVID-19 vaccination rates, loosening pandemic-related restrictions, and a growing economy resulted in global petroleum demand rising faster than petroleum supply. The spot price of Brent crude oil, a global benchmark, started the year at $50 per barrel (b) and increased to a high of $86/b in ...

  4. Jan 5, 2022 · A faster increase in global oil demand than growth in supply led to oil prices jumping last year, with the average Brent Crude price at $71 per barrelthe highest of the past three years.

  5. Sep 27, 2021 · Key Facts. The price of U.K. oil benchmark Brent Crude and U.S. West Texas Intermediate jumped about 2% apiece Monday morning to $79.56 and $75.35 per barrel, respectively—marking each of...

  6. Aug 12, 2021 · The 2Q21 crude price rally lost steam in July on fears that new Covid-19 Delta cases and weaker economic indicators could slow the oil demand recovery just as more supply hit the market. Despite big swings, North Sea Dated still rose $2.03/bbl to $74.99/bbl but fell to $70.73/bbl in early August.

  7. Jan 13, 2021 · Oil markets began 2021 following one of the most disruptive years on record. In the first half of 2020, Coronavirus Disease 2019 (COVID-19) pandemic-related demand suppression for oil-derived products (e.g., gasoline, diesel fuel, and aviation fuel) created historically large market imbalances.

  8. Oct 25, 2021 · NEW YORK, Oct 25 (Reuters) - Oil prices reached multi-year highs on Monday before steadying, as tight global supply and strengthening fuel demand in the United States and beyond supported...

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