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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.
Brent crude oil - data, forecasts, historical chart - was last updated on October 15 of 2024. Brent decreased 2.45 USD/BBL or 3.17% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.
Sep 26, 2024 · In February of 2022, price of Brent crude was $97.13 per barrel, while the price was $86.51 dollars per barrel in January of 2022. Over last twelve months the price has raisen 55.96%.
Oct 1, 2024 · Brent Crude Oil Spot Price is at a current level of 81.74, up from 79.32 the previous market day and down from 87.86 one year ago. This is a change of 3.05% from the previous market day and -6.97% from one year ago.
DateValueOctober 07, 202481.74October 04, 202479.32October 03, 202477.57October 02, 202474.86- Energy
- Energy Information Administration
- Weekly Petroleum Status
- 95.86
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.
(I:BCOSP) Chart data for Brent Crude Oil Spot Price from 1976 to 2022. Visually compare against similar indicators, plot min/max/average, compute correlations.
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Mar 16, 2022 · In our March 2022 Short-Term Energy Outlook (STEO), which was finalized on March 3, we increased our forecast price of international benchmark Brent crude oil to $116 per barrel (b) for the second quarter of 2022. We expect gasoline prices to average about $4.10 per gallon (gal) during the second quarter of 2022 and then decline through the ...