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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.
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,...
Jan 19, 2021 · Products led the fall, with OECD industry crude stocks only 48.9 mb below a May-peak. Oil’s rally accelerated, with Brent reaching $57/bbl on 12 January, a level not seen since February 2020. Despite rising Covid cases, crude prices are well supported by financial, economic and market fundamentals.
Jan 4, 2022 · Brent’s 2021 annual average of $71/b is the highest in the past three years. The price of West Texas Intermediate (WTI) crude oil traced a similar pattern to Brent and averaged $3/b less than Brent in 2021. Global petroleum production increased more slowly than demand, driving higher prices.
Crude Oil increased 10.53 USD/BBL or 14.70% 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 June of 2024.
Oct 8, 2021 · The ongoing recovery of global demand and rising prices for crude oil and petroleum products were among the primary contributing factors. Oil sands extraction rose by one-fifth (+20.0%) to 15.6 million cubic metres in July.
Nov 16, 2021 · At 2 762 mb, total OECD industry stocks stood 250 mb below the five-year average and at their lowest level since the start of 2015. Preliminary data for October point to a marginal stock build. Oil market drivers have begun to shift and benchmark crude prices are easing as a result.
