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Jan 4, 2023 · 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
March 4, 2022 Crude oil prices rise above $100 per barrel...
- WTI (West Texas Intermediate)
Crude oil prices increased in first-half 2022 and declined...
- Brent
Interactive daily chart of Brent (Europe) crude oil prices over the last ten years. Values shown are daily closing prices. The current price of Brent crude oil as of November 18, 2024 is $74.35 per barrel.
Brent crude oil futures rose to around $73.5 per barrel on Thursday, as heightened geopolitical risks outweighed concerns over growing US crude supplies. On Wednesday, Ukraine launched Western-supplied long-range weapons for the second time, a day after President Putin approved an updated nuclear doctrine that expands the conditions for using nuclear weapons.
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.
YearAverageclosing PriceYear OpenYear High2024$76.67$71.65$87.012023$77.64$80.26$93.842022$94.53$76.08$123.702021$68.17$47.62$84.65Crude Oil decreased 1.46 USD/BBL or 2.04% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Crude Oil reached an all time high of 147.27 in July of 2008. Crude Oil - data, forecasts, historical chart - was last updated on November 21 of 2024.
2 days ago · Brent Oil live spot price, charts and Macro Data. Read the latest Energy forecasts, financials, market news. / ... Crude Oil Price Forecast – Crude Oil Continues to Bounce Around.
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Oil Price: Get all information on the Price of Oil including News, Charts and Realtime Quotes. ... The most important type of crude oil used in Europe is Brent Crude, named after the North Sea ...