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  1. Crude prices were supported by strong global oil market fundamentals amid dissipating fears about the impact of the COVID-19 Omicron variant and geopolitical risks, which raised concerns about near -term oil supply.

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

  3. Brent spot prices and calendar spread, 1993-2022 X-axis: six-month calendar spread (Ml-M7) (U.S$ per barrel) Y-axis: percent change in spot price over previous two months (five-day avg)

  4. Crude oil futures are the benchmark for oil prices in the United States and serve as a reference point for global oil pricing. Crude oil is classified as light and sweet where "light" refers to its low density and "sweet" indicates its low sulfur content.

  5. 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.

    Year
    Averageclosing Price
    Year Open
    Year High
    2024
    $77.82
    $71.65
    $87.01
    2023
    $77.64
    $80.26
    $93.84
    2022
    $94.53
    $76.08
    $123.70
    2021
    $68.17
    $47.62
    $84.65
  6. Crude oil futures prices rose on both sides of the Atlantic with the ICE Brent front month up $8.53, or 10.0%, to average $94.10/b and NYMEX WTI rising by $8.65, or 10.4%, to average $91.63/b.

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  8. Mar 16, 2022 · The IEA Oil Market Report (OMR) is one of the world's most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining activity, as well as oil trade for IEA and selected non-IEA countries. Published March 2022.

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