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  1. 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 ...

  2. Apr 19, 2021 · On April 20, 2020, the front-month May 2020 WTI crude contract dropped 306%, or $55.90, for the session, to settle at negative $37.63 a barrel on the New York Mercantile Exchange. The one-day ...

    • mpicache@marketwatch.com
  3. Apr 20, 2021 · Flash forward 12 months and US oil prices stand at $63 a barrel — exactly $100 above that record low from last April. The swift rebound in the oil patch is yet more evidence of the world economy ...

  4. Apr 13, 2022 · Reviewed by. Erika Rasure. Fact checked by. Daniel Rathburn. In This Article. Oil Prices in the 1960s and 1970s. Why Oil Prices Are Volatile. Oil Prices by Year: Average, High, Low. Frequently Asked Questions (FAQs)

    • Kimberly Amadeo
  5. Aug 31, 2021 · As a result, the price of crude oil soared from about $24 to $56 per barrel by early 1974. ... "Crude Oil Prices - 70 Year Historical Chart," Organization of the Petroleum Exporting Countries.

    • Mark Kolakowski
  6. May 4, 2022 · Historical Oil Prices (1968-2022) Amid Russia’s invasion of Ukraine, the inflation-adjusted price of oil reached a seven-year high. Russia is one of the world’s largest producers of crude oil, and many countries have announced a ban on Russian oil imports amid the war. This has led to supply uncertainties and, therefore, rising prices.

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  8. Mar 11, 2022 · But six years later, oil prices more than doubled again when Iran’s revolution halted that country’s output. Between mid-1979 and mid-1980, oil rose from $13 per barrel to $34 .

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