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Crude Oil Prices - 70 Year Historical Chart. 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.
YearAverageclosing PriceYear OpenYear High2024$77.72$71.65$87.012023$77.64$80.26$93.842022$94.53$76.08$123.702021$68.17$47.62$84.65Crude Oil - data, forecasts, historical chart - was last updated on October 1 of 2024. Crude Oil decreased 0.78 USD/BBL or 1.09% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.
Apr 8, 2015 · Today the international benchmark is Brent crude from the North Sea. The U.S. benchmark, West Texas Intermediate crude, which for years traded at a discount to Brent, has been close to parity...
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Dec 21, 2021 · Oil settled at the highest level in nearly a month after U.S. crude stockpiles decreased and economic data pushed equities higher. West Texas Intermediate futures rose 2.3%, closing above $72...
The WTI price followed a similar path as the Brent crude oil price in 2022, averaging $5/b less than the Brent crude oil price, compared with $3/b less in 2021. The Brent-WTI crude oil spread (the difference between the two prices) increased in 2022 relative to 2021 because European countries needed to replace crude oil supplies they were importing from Russia with crude oil from another source.
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What happened to Brent crude oil in 2022?
How much has crude oil decreased since the beginning of 2024?
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What is the Brent crude oil spot price?
1 day ago · Today’s Brent crude oil spot price is at $71.34 per barrel, down by 0.89% from the previous trading day. In comparison to one week ago ($ 74.24 per barrel), Brent oil is down 3.91%.
