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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 June 28, 2024 is $82.35 per barrel.
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Oil is often traded in US dollars, and for historical reasons, its price is quoted per barrel (bbl). Each barrel is 159 litres. The effect of oil prices goes far beyond oil stocks; changes in oil prices are often an important component of the inflation rate.
Oil Price Charts. Oilprice.com, in cooperation with its partners, offers over 150 crude oil blends and indexes from all around the world, providing users with oil price charts, comparison...
May 1, 2020 · Selected Crude Oil Price Daily May 2020 (Canadian dollars per cubic metre) Explanatory Note for Crude Oil Prices. All prices are settlement prices, for delivery in the prompt month. Prices are based on daily closing prices posted on NYMEX in US dollars per barrel.
Nov 23, 2022 · By 2020, with annual average WTI Footnote 4 prices at US$40 per barrel, Canadian oil and gas investment fell to $24 billion, a level not seen since 2002. Investment in 2020 was down more than two-thirds from 2014’s peak, when WTI prices averaged US$90 per barrel.
1 day ago · Since the 2022 year opening price of $78.09 per barrel, today’s Brent crude oil price is up 8.77%. WTI crude oil is up 0.80% compared to it’s previous trading day. Today’s WTI crude oil spot price of $ 81.86 per barrel is up 1.11% compared to one week ago at $ 80.96 per barrel.
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The average annual price of WCS in 2023 was US$58.97 per barrel (bbl), a decrease of 22% from 2022. In the base-case, the WCS price is forecast to rise to US$61.50/bbl in 2024, increasing to US$64.00/bbl in 2025 and reaching US$70.63/bbl by 2033.