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

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   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 ...

   • 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...

2. www.thebalancemoney.com › oil-price-history-3306200Crude Oil Price History: A Chart of Events Since 1970

   www.thebalancemoney.com › oil-price-history-3306200

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   Apr 13, 2022 · Oil Prices by Year: Average, High, Low, and Events . The following chart shows the nominal value for imported crude oil according to the U.S. Energy Information Administration. The first column shows the average annual price. It's followed by the monthly high and low oil prices for that year.

   • Author: Kimberly Amadeo

3. Videos

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     investopedia.com

     What Determines Oil Prices?

     Dec 31, 2008

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     weforum.org

     Why do oil prices matter to the global economy? An expert explains

     Feb 15, 2022

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     investopedia.com

     Price Level: What It Means in Economics and Investing

     Dec 31, 2008

   View all

4. www.weforum.org › agenda › 2016/12/155-years-of-oil155 years of oil prices - in one chart | World Economic Forum

   www.weforum.org › agenda › 2016/12/155-years-of-oil

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   Oil prices jumped on the news and are now about 18% higher than they were before the November announcement. WTI crude is trading around $53.62 per barrel, while Brent crude is around $55.78 per barrel as of 9:28 a.m ET 20 December.

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5. advisor.visualcapitalist.com › historical-oil-pricesVisualizing Historical Oil Prices (1968-2022) - Advisor Channel

   advisor.visualcapitalist.com › historical-oil-prices

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   May 4, 2022 · Historical oil prices rose rapidly from 2004-2008. During that time, economic growth was fueling oil demand but there was little spare production capacity. By the second quarter of 2008, inflation-adjusted oil prices hit a high of $125 per barrel.

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6. www.wtrg.com › pricesHistory and Analysis -Crude Oil Prices - WTRG

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   Mar 28, 2000 · The very long-term view is similar. Since 1869, US crude oil prices adjusted for inflation averaged $23.67 per barrel in 2010 dollars compared to $24.58 for world oil prices. Fifty percent of the time prices U.S. and world prices were below the median oil price of $24.58 per barrel.

7. www.statista.com › statistics › 1360959U.S. crude oil price per barrel 1859-2022 | Statista

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   After some fluctuation in the oil industry's early years, where prices were incredibly high for that time period due to low supply, the cost of oil in the U.S. remained below five U.S. dollars...

8. People also ask

   What percentage of oil prices were below the average price?

   • Fifty percent of the time prices U.S. and world prices were below the median oil price of $24.58 per barrel. If long-term history is a guide, those in the upstream segment of the crude oil industry should structure their business to be able to operate with a profit, below $24.58 per barrel half of the time.

   History and Analysis -Crude Oil Prices - WTRG

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   How much did crude oil cost in 1958?

   • The apparent 20% price increase in nominal prices just kept up with inflation. From 1958 to 1970, prices were stable near $3.00 per barrel, but in real terms the price of crude oil declined from $19 to $14 per barrel.

   History and Analysis -Crude Oil Prices - WTRG

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   How much did crude oil cost in 2010?

   • Over the same post war period, the median for the domestic and the adjusted world price of crude oil was $20.53 in 2010 prices. Adjusted for inflation, from 1947 to 2010 oil prices only exceeded $20.53 per barrel 50 percent of the time. (See note in the box on right.)

   History and Analysis -Crude Oil Prices - WTRG

   www.wtrg.com/prices.htm

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   Why does the price of crude oil fluctuate?

   • Like prices of other commodities the price of crude oil experiences wide price swings in times of shortage or oversupply. The crude oil price cycle may extend over several years responding to changes in demand as well as OPEC and non-OPEC supply.

   History and Analysis -Crude Oil Prices - WTRG

   www.wtrg.com/prices.htm

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

   tradingeconomics.com › commodity › crude-oil

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   Crude Oil increased 10.53 USD/BBL or 14.70% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Crude Oil - values, historical data, forecasts and news - updated on June of 2024.