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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. In 2023, for example, global oil demand expanded, year-on-year, by 2.6 million barrels of oil a day (mb/d) to reach an average of 102.2 mb/d. In addition, demand grew in almost every region, with the non-OECD leading the way. Immediately, one can see from the data that calls to avoid investing in new oil projects do not reflect realities worldwide.

  5. Oct 14, 2020 · The IEA Oil Market Report (OMR) is one of the world's most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining activity, as well as oil trade for IEA and selected non-IEA countries. Published October 2020.

  6. May 31, 2024 · Basic Info. 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 ...

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  8. Monthly Oil Market Report 2020. The OPEC Monthly Oil Market Report (MOMR) covers major issues affecting the world oil market and provides an outlook for crude oil market developments for the coming year. The report provides a detailed analysis of key developments impacting oil market trends in world oil demand, supply as well as the oil market ...