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1. • $85 per barrel

     • In the final trading day of 2022, the spot price of Brent crude oil, a global benchmark priced in Northwest Europe, closed at $85 per barrel (b), $7 higher than the price on January 3, 2022 ($78/b).
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     Crude oil prices increased in first-half 2022 and declined in ...

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   How much did crude oil cost in 2022?

   • The Brent crude oil spot price averaged $100/b in 2022, and the WTI spot price averaged $95/b. In the first half of 2022, geopolitical tension with Russia, culminating with Russia’s full-scale invasion of Ukraine on February 24, contributed to crude oil price increases.

   Crude oil prices increased in first-half 2022 and declined in second

   www.eia.gov/todayinenergy/detail.php?id=55079

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   How much does Brent crude oil cost in 2022?

   • Data source: CME Group, Intercontinental Exchange, and Bloomberg L.P.Note: Retail prices are in nominal terms and are not adjusted for inflation. In the final trading day of 2022, the spot price of Brent crude oil, a global benchmark priced in Northwest Europe, closed at $85 per barrel (b), $7 higher than the price on January 3, 2022 ($78/b).

   Crude oil prices increased in first-half 2022 and declined in second

   www.eia.gov/todayinenergy/detail.php?id=55079

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   Why did oil prices drop in June 2024?

   • Europe's Brent crude oil, the U.S. WTI crude oil, and OPEC's basket are three of the most important benchmarks used by traders as reference for oil and gasoline prices. The decrease noted in June 2024 reflects market uncertainty over weak demand and continued high supplies.

   Crude oil price chart 2024 | Statista

   www.statista.com/statistics/326017/weekly-crude-oil-prices/

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   Why did crude oil prices decrease in 2022?

   • From June 8 through the remainder of 2022, crude oil prices generally decreased as concerns about a possible economic recession reduced demand. High petroleum prices were one cause of persistent broad-based inflation in 2022 that affected consumer budgets and gasoline demand.

   Crude oil prices increased in first-half 2022 and declined in second

   www.eia.gov/todayinenergy/detail.php?id=55079

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3. www.macrotrends.net › 1369Crude Oil Prices - 70 Year Historical Chart | MacroTrends

   www.macrotrends.net › 1369

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   The current month is updated on an hourly basis with today's latest value. The current price of WTI crude oil as of July 01, 2024 is $83.23 per barrel. Interactive charts of West Texas Intermediate (WTI or NYMEX) crude oil prices per barrel back to 1946.

4. www.eia.gov › todayinenergy › detailCrude oil prices increased in first-half 2022 and declined in ...

   www.eia.gov › todayinenergy › detail

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   Jan 4, 2023 · The Brent crude oil spot price averaged $100/b in 2022, and the WTI spot price averaged $95/b. In the first half of 2022, geopolitical tension with Russia, culminating with Russia’s full-scale invasion of Ukraine on February 24, contributed to crude oil price increases.

5. markets.businessinsider.com › commodities › oil-priceCrude Oil Price Today | Brent OIL PRICE CHART | OIL PRICE PER ...

   markets.businessinsider.com › commodities › oil-price

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   • Historical Prices for Oil (Brent) Loading.. Date. Open. Close. Daily High. Daily Low. Price change over selected period: 0% 0.
   • Unit conversion for Oil (Brent) Price Today. Conversion. Oil (Brent) Price. Price. 1 Barrel ≈ 158,98 Liters. Oil (Brent) Price Per 1 Liter. 0.52 USD. 1 Barrel ≈ 0,136 Tonnes of Crude Oil.
   • Energy. Name. Price % Unit. Date. Natural Gas (Henry Hub) 1.81. 0.67. USD per MMBtu. 3/8/24 05:00 PM. Ethanol. 2.16. 0.05. USD per Gallon. 3/8/24 07:16 AM. Heating Oil.
   • Oil Price (Brent Crude and WTI) The price of oil is the most important value on international commodity markets since crude oil is the most important commodity.

6. www.statista.com › statistics › 326017Crude oil price chart 2024 | Statista

   www.statista.com › statistics › 326017

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   Closing price of Brent, OPEC basket, and WTI crude oil at the beginning of each week from June 27, 2022 to June 24, 2024 (in U.S. dollars per barrel) table column chart

7. tradingeconomics.com › commodity › brent-crude-oilBrent crude oil - Price - Chart - Historical Data - News

   tradingeconomics.com › commodity › brent-crude-oil

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   Brent crude oil is expected to trade at 86.91 USD/BBL by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 92.32 in 12 months time.

8. tradingeconomics.com › commodity › crude-oilCrude Oil - Price - Chart - Historical Data - News

   tradingeconomics.com › commodity › crude-oil

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   Crude Oil is expected to trade at 83.56 USD/BBL by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 89.27 in 12 months time.

9. www.eia.gov › dnav › petSpot Prices for Crude Oil and Petroleum Products

   www.eia.gov › dnav › pet

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   3 days ago · Notes: Weekly, monthly, and annual prices are calculated by EIA from daily data by taking an unweighted average of the daily closing spot prices for a given product over the specified time period. See Definitions, Sources, and Notes link above for more information on this table.