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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 September 27, 2024 is $68.18 per barrel.
Monthly prices in the United States more than doubled over the same period but rose to a much lower average of $5.50 per MMBtu in October—compared to $30 per MMBtu in Europe and $35 per MMBtu in Asia.
Aug 9, 2024 · Annual average domestic first purchase prices for crude oil in the United States from 1859 to 2022 (in nominal U.S. dollars per barrel) table column chart
Aug 16, 2023 · Factors that affect oil prices such as hurricanes and extreme weather, political events, and OPEC oil production targets and spare crude oil production capacity.
Dec 30, 2022 · Higher 2021 prices for crude oil and natural gas were a contributor to higher proved reserve estimates. The 12-month, first-of-the-month average spot price for West Texas Intermediate (WTI) crude oil at Cushing, Oklahoma increased by 67% from $39.66 per barrel in 2020 to $66.26 per barrel in 2021.
The spot price for West Texas Intermediate (WTI), a benchmark price for U.S. crude oil, followed a similar pattern, finishing the 2022 trading year $4/b higher than on January 3. The Brent crude oil spot price averaged $100/b in 2022, and the WTI spot price averaged $95/b.
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Wheat decreased 28.11 USd/BU or 4.48% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Wheat - values, historical data, forecasts and news - updated on October of 2024.
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