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The current price of WTI crude oil as of June 28, 2024 is $82.64 per barrel. 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 ...
Apr 13, 2022 · Global oil prices in the 20th century generally ranged between $1.00 and $2.00 per barrel (/b) until 1970. That's about $10/b to $30/b when adjusted for inflation. The United States was the world's dominant oil producer at that time, and it regulated prices.
Aug 4, 2021 · As of November, global crude oil production fell by 7.5%, and crude oil prices soared more than doubled, breaking through US$10/barrel for the first time in the history of brent & WTI crude oil prices.
Oil prices jumped on the news and are now about 18% higher than they were before the November announcement. WTI crude is trading around $53.62 per barrel, while Brent crude is around $55.78 per barrel as of 9:28 a.m ET 20 December.
This graph, taken from BP’s 2015 “Statistical Review of World Energy” report, shows crude oil prices, measured in US dollars per barrel, from 1861 to 2014. What trends do you see in the ways that crude oil prices have fluctuated in response to world events?
Oct 15, 2019 · Crude Oil Price History: 1861-Present. Source: IG Group. Legend: 1800-1869: Early black gold rush. The modern oil industry traces back its roots to Baku where the first commercial refinery...
Crude Oil increased 10.28 USD/BBL or 14.35% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Crude Oil - values, historical data, forecasts and news - updated on June of 2024.
