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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.
Oil Price: Get all information on the Price of Oil including News, Charts and Realtime Quotes. Menu icon A vertical stack of three evenly spaced horizontal lines.
Jan 4, 2023 · The Brent crude oil spot price averaged $100/b in 2022, and the WTI spot price averaged $95/b. In the first half of 2022, geopolitical tension with Russia, culminating with Russia’s full-scale invasion of Ukraine on February 24, contributed to crude oil price increases.
Date modified: 2021-10-20. Date Exchange Rate.
Mar 30, 2022 · The total cost of all imported crude oil was $14.7 billion in 2021, an increase of 30% from 2020 when the cost was $11.3 billion. This increase is primarily because global crude oil prices recovered in 2021, following historic lows seen in 2020 at the onset of the COVID-19 pandemic.
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%.
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Dec 14, 2021 · Global oil demand is now set to rise by 5.4 mb/d in 2021 and by 3.3 mb/d in 2022, when it returns to pre-pandemic levels at 99.5 mb/d. Global oil production is poised to outpace demand from December, led by growth in the US and OPEC+ countries.
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