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  1. 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. The current price of WTI crude oil as of October 16, 2024 is $70.76 per barrel. Historical Chart. 10 Year Daily Chart.

  2. Price - Chart - Historical Data - News. WTI crude oil futures rose toward $71 per barrel on Thursday after four consecutive sessions of decline, driven by an unexpected drawdown in US crude oil inventories. API data showed that US crude stocks fell by 1.6 million barrels last week, following an almost 11-million-barrel build and defying ...

  3. Jun 20, 2024 · Energy Institute based on S&P Global Platts - Statistical Review of World Energy (2024) – with major processing by Our World in Data. “Oil price - Crude prices since 1861” [dataset]. Energy Institute, “Statistical Review of World Energy” [original data].

  4. Oct 14, 2020 · The overall demand estimate for 2020 is largely unchanged at 91.7 mb/d (down 8.4 mb/d versus 2019), as is the estimate for 2021 at 97.2 mb/d, (up 5.5 mb/d year-on-year). Global oil supply fell in September as OPEC+ countries improved the compliance rate with their agreement.

  5. Jun 16, 2020 · Even so, demand in 2020 is expected to be 8.1 mb/d lower than in 2019, with the biggest declines seen in the first half of the year. Our first forecast for 2021 as a whole shows demand growing by 5.7 mb/d, which, at 97.4 mb/d, will be 2.4 mb/d below the 2019 level. This 2.4 mb/d gap between 2021 and 2019 is largely explained by the dire ...

  6. Oil prices have moved rapidly and smoothly from contango to backwardation, based on stronger Asian demand and effective OPEC+ supply management. ICE Brent futures rose $2.46/bbl in November to $43.98/bbl and closed at $49.97/bbl on 11 December. Physical crude price discounts to futures improved in late November and early December.

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  8. Heavy fuel for industry: low sulphur fuel oil. Automotve diesel oil: high sulphur fuel oil only for Canada, Ireland, Lithuania, Mexico, New Zealand, Turkey and the United States. Unleaded premium: for commercial purposes. Source: IEA, Energy Prices, 2020.

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