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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...
- 10 Year Daily Chart
Chart A. Oil prices and geopolitical risk since 1990 (left-hand scale: index, right-hand scale: log of the Brent crude oil price) Sources: Haver, Caldara and Iacoviello (2022), and ECB staff calculations. Notes: The latest observations are for October 2023.
May 13, 2022 · Between February 22 and March 8, Brent crude oil spot prices rose as high as $133.89 per barrel, their highest levels since 2014 and an increase of $37.20 per barrel, per Bloomberg – the largest two-week price increase on record since 1990.
Feb 16, 2022 · Oil prices are strongly influenced by the global economic outlook. Changes in supply and demand and geopolitical tensions cause price fluctuations. An orderly energy transition can protect against oil price spikes.
Oil statistics 2019, World oil supply and demand, 1971-2018.
Aug 16, 2023 · 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.
People also ask
Why are crude oil prices so high?
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How do geopolitical events affect crude oil and petroleum product prices?
What are crude oil and petroleum product prices?
Apr 15, 2023 · With this research paper we try to help market participants to understand better what the impact of geopolitical risks on the prices paid for the maritime transport of raw materials and crude oil prices movements may be and its subsequent potential effects on hedging strategies.