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1. www.eia.gov › todayinenergy › detailCrude oil prices increased in first-half 2022 and declined in ...

   www.eia.gov › todayinenergy › detail

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   In the final trading day of 2022, the spot price of Brent crude oil, a global benchmark priced in Northwest Europe, closed at $85 per barrel (b), $7 higher than the price on January 3, 2022 ($78/b). The Brent price rose significantly in the first half of 2022 but generally declined in the second half of the year.

2. www.macrotrends.net › 1369Crude Oil Prices - 70 Year Historical Chart - Macrotrends

   www.macrotrends.net › 1369

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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.

   Year	Averageclosing Price	Year Open	Year High
   2024	$77.77	$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

   See full list on macrotrends.net

3. Videos

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     Infographic: Brent crude oil prices in 2022

     Mar 11, 2022

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     Oil Production by Country 1900 - 2022 | Top 15 Countries by Crude Oil Production, Barrels per Day

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     How big oil more than doubled their profits in 2022

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4. tradingeconomics.com › commodity › crude-oilCrude Oil Price - Chart - Historical Data - TRADING ECONOMICS

   tradingeconomics.com › commodity › crude-oil

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   Crude Oil is expected to trade at 74.09 USD/BBL by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 75.75 in 12 months time.

5. www.cer-rec.gc.ca › en › data-analysisMarket Snapshot: Crude Oil Imports Declined in 2022, While ...

   www.cer-rec.gc.ca › en › data-analysis

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   Aug 16, 2023 · The total cost of imported crude oil was $21.5 billion in 2022, 46% higher than the $14.7 billion cost in 2021. This increase was primarily because global crude oil prices spiked in 2022, following Russia’s invasion of Ukraine, causing global supply security concerns, along with general demand recovery relative to the onset of the COVID-19 ...

6. www.iea.org › reports › oil-market-report-february-2022Oil Market Report - February 2022 – Analysis - IEA

   www.iea.org › reports › oil-market-report-february-2022

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   Feb 11, 2022 · Benchmark crude oil prices surged by ~$15/bbl in January, breaching the $90/bbl threshold for the first time since 2014. Backwardation on the 12-month strip beginning with the April 2022 contract has hit double digits for both WTI and Brent, reflecting low crude stock levels.

7. www.iea.org › reports › oil-market-report-october-2022Oil Market Report - October 2022 – Analysis - IEA

   www.iea.org › reports › oil-market-report-october-2022

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   Oct 13, 2022 · Benchmark crude oil prices spiked by around $14/bbl from a September low and Brent once again flirted with triple digits. With unrelenting inflationary pressures and interest rate hikes taking their toll, higher oil prices may prove the tipping point for a global economy already on the brink of recession.

8. People also ask

   Why did crude oil prices spike in 2022?

   • This increase was primarily because global crude oil prices spiked in 2022, following Russia’s invasion of Ukraine, causing global supply security concerns, along with general demand recovery relative to the onset of the COVID-19 pandemic. The average cost of an imported barrel was $126 in 2022, relative to $85 in 2021.

   Market Snapshot: Crude Oil Imports Declined in 2022, While the Share

   www.cer-rec.gc.ca/en/data-analysis/energy-markets/market-snapshots/2023/market-snapshot-crude-oil-imports-declined-2022-while-share-from-us-increased.html

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   What is crude oil price?

   • Crude Oil Price is at a current level of 82.64, down from 101.32 one year ago. This is a change of -18.43% from one year ago. In depth view into Crude Oil Price including historical data from 1861 to 2022, charts and stats.

   Crude Oil Price Yearly Trends: The Energy Institute ... - YCharts

   ycharts.com/indicators/crude_oil_prices

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   How much does crude oil cost in 2022?

   • The average cost of an imported barrel was $126 in 2022, relative to $85 in 2021. Refineries need crude oil as feedstock * to produce refined petroleum products (RPPs) * such as gasoline, diesel, heating oil, and jet fuel.

   Market Snapshot: Crude Oil Imports Declined in 2022, While the Share

   www.cer-rec.gc.ca/en/data-analysis/energy-markets/market-snapshots/2023/market-snapshot-crude-oil-imports-declined-2022-while-share-from-us-increased.html

   See all results for this question

   What happened to Benchmark crude oil prices in January?

   • Benchmark crude oil prices surged by $15/_bbl in January, breaching the $90/_bbl threshold for the first time since 2014. This development was reflected in the backwardation on the 12-month strip beginning with the April 2022 contract for both WTI and Brent, which hit double digits.

   Oil Market Report - February 2022 – Analysis - IEA

   www.iea.org/reports/oil-market-report-february-2022

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9. ycharts.com › indicators › crude_oil_pricesCrude Oil Price Yearly Trends: The Energy Institute ... - YCharts

   ycharts.com › indicators › crude_oil_prices

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   Dec 31, 2019 · In depth view into Crude Oil Price including historical data from 1861 to 2022, charts and stats. Crude Oil Price (I:COP) 82.64 USD/bbl for 2023