Search results
Jun 20, 2024 · Global crude oil prices, measured in US dollars per cubic meter. This data is not adjusted for inflation.
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.
Crude Oil - data, forecasts, historical chart - was last updated on September 29 of 2024. Crude Oil decreased 3.01 USD/BBL or 4.20% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.
Monthly price chart and freely downloadable data for Crude Oil (petroleum). Price in US Dollars per Barrel. 60 month history.
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. Interactive charts of West Texas Intermediate (WTI or NYMEX) crude oil prices per barrel back to 1946.
YearAverageclosing PriceYear OpenYear High2024$77.77$71.65$87.012023$77.64$80.26$93.842022$94.53$76.08$123.702021$68.17$47.62$84.65Monthly prices variations: crude oil vs gasoline, November 2021 – April 2022 – Charts – Data & Statistics - IEA. Create a free IEA account to download our reports or subcribe to a paid service.
People also ask
How are global crude oil prices measured?
How are crude oil prices displayed in trading economics?
What is the estimated value of the global crude oil market?
What is the global crude oil market size in 2022?
By providing a detailed visual representation of the crude oil market in 2022, the “Crude Oil Price Index, 2022 – Stock chart” enables users to make informed decisions regarding energy investments, risk management, and market strategies.
