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

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   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.

   • 10 Year Daily Chart

     WTI Crude Oil Prices - 10 Year Daily Chart. Interactive...

   • Crude Oil vs Gasoline Prices

     This interactive chart compares the monthly price...

   • Saudi Arabia Crude Oil Production

     Interactive chart showing the monthly level of Saudi Arabia...

   • Crude Oil Prices Today - Live Chart

     Live interactive chart of West Texas Intermediate (WTI or...

   • Oil Prices vs Natural Gas

     This interactive chart compares the price performance of...

2. ycharts.com › indicators › average_crude_oil_spot_priceAverage Crude Oil Spot Price (I:ACOSP) - YCharts

   ycharts.com › indicators › average_crude_oil_spot_price

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   Feb 29, 2024 · Average Crude Oil Spot Price is at a current level of 81.20, down from 81.44 last month and up from 73.26 one year ago. This is a change of -0.29% from last month and 10.84% from one year ago.

3. www.statista.com › topics › 1706Oil industry in the United States - statistics & facts | Statista

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   Dec 18, 2023 · Behemoths such as ExxonMobil reported record losses for the year as they struggled to turn profits while the WTI price fell to an annual average of 39.16 U.S. dollars per barrel – lower than ...

4. Videos

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     2:18

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     US oil prices: Markets rally but still far from 2020 peak

     May 20, 2020

     30.1K Views

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     12:40

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     Why Oil Prices Can Turn Negative

     Jun 15, 2020

     375.8K Views

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     bnnbloomberg.ca

     We expect this year's average oil price to be US$10 higher than where we are right now: Economist

     Feb 27, 2023

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5. oilprice.com › Energy › Energy-GeneralU.S. Crude Oil Production Saw The Biggest Drop On Record In 2020

   oilprice.com › Energy › Energy-General

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   Dec 22, 2021 · Slashed drilling activity and low oil prices led to the largest decline in annual average crude oil production in the United States in 2020, when output slumped by 8 percent from a record high...

6. usafacts.org › crude-oil-spot-priceCrude oil spot price - USAFacts

   usafacts.org › crude-oil-spot-price

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   There was a $68.13 crude oil spot price in 2021, an increase of 74% or $28.97 from 2020.

7. www.investopedia.com › will-oil-prices-go-2017What Happened to Oil Prices in 2020 - Investopedia

   www.investopedia.com › will-oil-prices-go-2017

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   Feb 22, 2022 · Key Takeaways. In 2020, worldwide demand for oil fell rapidly as governments closed businesses and restricted travel due to the COVID-19 pandemic. An oil price war between Russia and Saudi Arabia...

8. People also ask

   What is the average crude oil spot price?

   • Average Crude Oil Spot Price is at a current level of 81.44, down from 88.01 last month and up from 74.12 one year ago. This is a change of -7.46% from last month and 9.88% from one year ago. The Average Crude Oil Spot Price calculates an equally weighted price of the WTI Crude Oil Price, Brent Crude Oil Price, and Dubai Crude Oil Price.

   Average Crude Oil Spot Price (I:ACOSP) - YCharts

   ycharts.com/indicators/average_crude_oil_spot_price

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   Why did oil prices fall in 2020?

   • WTI closed out 2020 at around $48 per barrel, while Brent crude finished the year at around $51 a barrel. Oil prices plunged in the spring of 2020 in response to fears about the rapid spread of COVID-19.

   What Happened to Oil Prices in 2020 - Investopedia

   www.investopedia.com/articles/investing/100615/will-oil-prices-go-2017.asp

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   Will oil prices rebound in 2020?

   • By the summer of 2020, oil prices began to rebound as nations emerged from lockdowns and the Organization of the Petroleum Exporting Countries (OPEC) agreed to major cuts in crude oil production.

   What Happened to Oil Prices in 2020 - Investopedia

   www.investopedia.com/articles/investing/100615/will-oil-prices-go-2017.asp

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   Is oil demand weak in 2020?

   • In the short term, oil demand remains weak and we have reduced our estimate for the fourth quarter of 2020 by 0.2 million barrels per day on small data revisions in various countries. For the year as a whole, global demand will be 91.2 mb/d, which is 8.8 mb/d below the 2019 level and down 0.1 mb/d from our last Report.

   Oil Market Report - December 2020 – Analysis - IEA

   www.iea.org/reports/oil-market-report-december-2020

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9. www.iea.org › reports › oil-market-report-december-2020Oil Market Report - December 2020 – Analysis - IEA

   www.iea.org › reports › oil-market-report-december-2020

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   Dec 15, 2020 · Oil prices have moved rapidly and smoothly from contango to backwardation, based on stronger Asian demand and effective OPEC+ supply management. ICE Brent futures rose $2.46/bbl in November to $43.98/bbl and closed at $49.97/bbl on 11 December.