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1. ourworldindata.org › grapher › crude-oil-pricesCrude oil prices - Our World in Data

   ourworldindata.org › grapher › crude-oil-prices

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   Jun 20, 2024 · Global crude oil prices, measured in US dollars per cubic meter. This data is not adjusted for inflation.

2. www.statista.com › topics › 1783Global oil industry - statistics & facts | Statista

   www.statista.com › topics › 1783

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   Feb 2, 2024 · How much is the oil industry worth? Discover all relevant statistics and facts on the global oil industry and market now on statista.com!

3. Videos

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     Understanding The Impact Of OPEC Countries On Global Crude Oil Prices

     Sep 21, 2023

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     1:29

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     Crude Oil Prices Rise On Strong Demand Estimates For 2024 | CNBC TV18

     Jan 18, 2024

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     0:14

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     Forbes - Global crude oil prices surged past $100 per...

     Aug 24, 2022

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4. www.statista.com › topics › 1323Global energy prices - statistics & facts | Statista

   www.statista.com › topics › 1323

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   Jan 18, 2024 · Worldwide. Like all commodities, energy prices are largely governed by the relationship between product supply and demand. Furthermore, market speculation and geopolitical events are main drivers...

5. www.macrotrends.net › 1369Crude Oil Prices - 70 Year Historical Chart - Macrotrends

   www.macrotrends.net › 1369

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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.

6. www.eia.gov › energyexplained › oil-and-petroleumOil prices and outlook - U.S. Energy Information ...

   www.eia.gov › energyexplained › oil-and-petroleum

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   Crude oil prices are driven by global supply and demand. Economic growth is one of the biggest factors affecting petroleum product—and therefore crude oil—demand. Growing economies mean a higher demand for energy, in general, especially for transporting goods from producers to consumers.

7. www.energyintel.com › world-crude-oil-data-marketWORLD CRUDE OIL DATA - Energy Intelligence

   www.energyintel.com › world-crude-oil-data-market

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   World Crude Oil Data gives you access to a wealth of proprietary and essential analysis on the world’s top 250 traded crudes. This interactive tool provides instant analysis on global producers, crudes and the geopolitical events that impact supply, trade and pricing, along with profiles and summary assays.

8. People also ask

   Why did crude oil prices increase in 2021?

   • Crude oil prices increased in 2021 as increasing COVID-19 vaccination rates, loosening pandemic-related restrictions, and a growing economy resulted in global petroleum demand rising faster than petroleum supply.

   Crude oil prices increased in 2021 as global crude oil demand outpaced

   www.eia.gov/todayinenergy/detail.php?id=50738

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   How are global crude oil prices measured?

   • Global crude oil prices, measured in US dollars per cubic meter. This data is not adjusted for inflation.

   Crude oil prices - Our World in Data

   ourworldindata.org/grapher/crude-oil-prices

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   What is the average price of crude oil in 2021?

   • Brent’s 2021 annual average of $71/b is the highest in the past three years. The price of West Texas Intermediate (WTI) crude oil traced a similar pattern to Brent and averaged $3/b less than Brent in 2021. Global petroleum production increased more slowly than demand, driving higher prices.

   Crude oil prices increased in 2021 as global crude oil demand outpaced

   www.eia.gov/todayinenergy/detail.php?id=50738

   See all results for this question

   What is world crude oil data?

   • World Crude Oil Data gives you access to a wealth of proprietary and essential analysis on the world’s top 250 traded crudes. This interactive tool provides instant analysis on global producers, crudes and the geopolitical events that impact supply, trade and pricing, along with profiles and summary assays.

   WORLD CRUDE OIL DATA - Energy Intelligence

   www.energyintel.com/world-crude-oil-data-market

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9. www.eia.gov › todayinenergy › detailCrude oil prices increased in 2021 as global crude oil demand ...

   www.eia.gov › todayinenergy › detail

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   Jan 4, 2022 · Crude oil prices increased in 2021 as increasing COVID-19 vaccination rates, loosening pandemic-related restrictions, and a growing economy resulted in global petroleum demand rising faster than petroleum supply.