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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
Crude Oil vs Natural Gas - 10 Year Daily Chart. This...
- 10 Year Daily Chart
Jan 18, 2018 · Supply glut reinforced by weakening demand prospects. The initial drop in oil prices from mid-2014 to early 2015 was primarily driven by supply factors, including booming U.S. oil production, receding geopolitical concerns, and shifting OPEC policies.
Jul 18, 2017 · We examine the degree to which economic fundamentals entering the oil price decline explain the impact on economic growth across oil exporting economies, and derive policy implications as to what factors help to mitigate the negative effects.
- Francesco Grigoli, Alexander Herman, Andrew J Swiston
- 2017
The decline in oil prices in 2014 had a significant impact on the Canadian economy. Canada is a net oil exporter, and the price of oil affects the country’s terms of trade, its gross domestic income and the value of its dollar.
- 219KB
- 13
The primary factor driving the 60 percent decline in the price of crude from June 2014 to January 2015 has been the remarkable growth of U.S. tight oil production.
Apr 28, 2015 · Weakening global demand, combined with robust supply from rising U.S. production, decreasing supply disruptions, and the Organization of the Petroleum Exporting Countries (OPEC) maintaining production levels, were the primary causes for the 50% drop in crude oil prices in the second half of 2014.
People also ask
Why did crude oil prices drop 50% in 2014?
Why did oil prices drop from 2014 to 2016?
How did the decline in oil prices affect the Canadian economy?
How have oil prices changed over the past 3 years?
Dec 16, 2014 · But why does the price of oil keep falling? Back in June 2014, the price of Brent crude was up around $115 per barrel. As of January 23, 2015, it had fallen by more than half, down to $49...