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1. ycharts.com › indicators › average_crude_oil_spot_priceAverage Crude Oil Spot Price (I:ACOSP) - YCharts

   ycharts.com › indicators › average_crude_oil_spot_price

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   May 31, 2024 · Average Crude Oil Spot Price is at a current level of 72.42, down from 78.12 last month and down from 92.22 one year ago. This is a change of -7.29% from last month and -21.47% from one year ago.

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

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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	$77.51	$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. oilprice.com › Latest-Energy-News › World-NewsAverage Oil Price In 2021 Was The Highest In Past Three Years

   oilprice.com › Latest-Energy-News › World-News

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   Jan 5, 2022 · A faster increase in global oil demand than growth in supply led to oil prices jumping last year, with the average Brent Crude price at $71 per barrel—the highest of the past three years.

4. www.eia.gov › todayinenergy › detailCrude oil prices increased in 2021 as global crude oil demand ...

   www.eia.gov › todayinenergy › detail

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   According to our December 2021 Short-Term Energy Outlook (STEO) estimates, U.S. crude oil production in 2021 decreased by 0.1 million barrels per day (b/d) from 2020 and by 1.1 million b/d from 2019.

5. markets.businessinsider.com › commodities › oil-priceCrude Oil Price Today | Brent OIL PRICE CHART | OIL PRICE PER ...

   markets.businessinsider.com › commodities › oil-price

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   • Historical Prices for Oil (Brent) Loading.. Date. Open. Close. Daily High. Daily Low. Price change over selected period: 0% 0.
   • Unit conversion for Oil (Brent) Price Today. Conversion. Oil (Brent) Price. Price. 1 Barrel ≈ 158,98 Liters. Oil (Brent) Price Per 1 Liter. 0.52 USD. 1 Barrel ≈ 0,136 Tonnes of Crude Oil.
   • Energy. Name. Price % Unit. Date. Natural Gas (Henry Hub) 1.81. 0.67. USD per MMBtu. 3/8/24 05:00 PM. Ethanol. 2.16. 0.05. USD per Gallon. 3/8/24 07:16 AM. Heating Oil.
   • Oil Price (Brent Crude and WTI) The price of oil is the most important value on international commodity markets since crude oil is the most important commodity.

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

   tradingeconomics.com › commodity › crude-oil

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   Crude Oil increased 3.84 USD/BBL or 5.36% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Crude Oil - values, historical data, forecasts and news - updated on October of 2024.

7. People also ask

   How much will WTI oil cost in July 2021?

   • WTI crude prices are forecast in the July STEO to average $71/b in 3Q21, $6/b higher than in the June STEO. The July STEO expects WTI prices to be $68/b in 4Q21, up $7/b from the June forecast. The Brent crude oil price averaged $73/b in June 2021, up $5/b from May.

   Brent crude oil price forecast to average $72 per barrel in the second

   www.eia.gov/todayinenergy/detail.php?id=48716

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   Why are oil prices so low in 2021?

   • Rising vaccination rates, reopening economies, and the lifting of mass lockdowns resulted in oil demand outpacing supply last year, pushing oil prices from as low as $50 a barrel at the start of 2021 to an annual high of $86 at the end of October, the EIA notes. Brent Crude prices have retreated since late October, to end 2021 at $78 a barrel.

   Average Oil Price In 2021 Was The Highest In Past Three Years

   oilprice.com/Latest-Energy-News/World-News/Average-Oil-Price-In-2021-Was-The-Highest-In-Past-Three-Years.html

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   What is the average crude oil spot price?

   • Average Crude Oil Spot Price is at a current level of 72.42, down from 78.12 last month and down from 92.22 one year ago. This is a change of -7.29% from last month and -21.47% from one year ago. The Average Crude Oil Spot Price calculates an equally weighted price of the WTI Crude Oil Price, Brent Crude Oil Price, and Dubai Crude Oil Price.

   Average Crude Oil Spot Price (I:ACOSP) - YCharts

   ycharts.com/indicators/average_crude_oil_spot_price

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   How much did the Brent crude oil cost in June 2021?

   • The Brent crude oil price averaged $73/b in June 2021, up $5/b from May. June was the first month when the Brent price averaged more than $70/b since May 2019. We expect moderate downward oil price pressures will emerge beginning in 2H21, when forecast global oil production will rise, causing inventories to draw at a slower pace.

   Brent crude oil price forecast to average $72 per barrel in the second

   www.eia.gov/todayinenergy/detail.php?id=48716

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   Will crude oil production drop in 2021?

   • U.S. crude oil production is expected to have dropped by 100,000 bpd in 2021 compared to 2020 and by 1.1 million bpd compared to the record output in 2019, according to estimates in the administration’s latest Short-Term Energy Outlook (STEO) from December.

   Average Oil Price In 2021 Was The Highest In Past Three Years

   oilprice.com/Latest-Energy-News/World-News/Average-Oil-Price-In-2021-Was-The-Highest-In-Past-Three-Years.html

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   How much has crude oil increased since the beginning of 2024?

   • Trading Economics does not verify any data and disclaims any obligation to do so.. Crude Oil increased 3.84 USD/BBL or 5.36% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Crude Oil - values, historical data, forecasts and news - updated on October of 2024.

   Crude Oil Price - Chart - Historical Data - News - TRADING ECONOMICS

   tradingeconomics.com/commodity/crude-oil

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8. www.eia.gov › todayinenergy › detailBrent crude oil price forecast to average $72 per barrel in ...

   www.eia.gov › todayinenergy › detail

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   Jul 8, 2021 · In the July Short-Term Energy Outlook (STEO), we forecast the Brent crude oil price will average $72 per barrel (b) in the second half of 2021 (2H21) and $67/b in 2022, both $6/b higher than in the June STEO forecast.