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Crude Oil Prices - Historical Annual Data; Year Average Closing Price Year Open Year High Year Low Year Close Annual % Change; 2024: $78.83: $71.65: $87.01: $70.38: $78.16: 9.58%: 2023: $77.64: $80.26: $93.84: $66.74: $71.33-11.40%: 2022: $94.53: $76.08: $123.70: $71.59: $80.51: 7.05%: 2021: $68.17: $47.62: $84.65: $47.62: $75.21: 55.01%: 2020 ...
- 10 Year Daily Chart
WTI Crude Oil Prices - 10 Year Daily Chart. Interactive...
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Interactive chart showing the monthly level of Saudi Arabia...
- Crude Oil Prices Today - Live Chart
Live interactive chart of West Texas Intermediate (WTI or...
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- 10 Year Daily Chart
Mar 14, 2024 · Benchmark crude oil prices were range bound in early March, as the market had already priced in the announced extension of OPEC+ voluntary production cuts through 2Q24. North Sea Dated rose by $2.13/bbl to $84.66/bbl during February as continued tanker attacks in the Red Sea lengthened supply routes and global on-land oil inventories fell for a ...
Changes in supply and demand and geopolitical tensions cause price fluctuations. An orderly energy transition can protect against oil price spikes. Demand for oil plunged in 2020 during the pandemic when lockdowns led the price to fall below zero first time in historydue to a major downturn in economic activity.
Crude Oil increased 6.83 USD/BBL or 9.53% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Crude Oil reached an all time high of 147.27 in July of 2008.
Apr 12, 2024 · OPEC+ market share has already slipped to all-time lows after the alliance removed close to 2 mb/d of supply from the market since the end of 2022, while non-OPEC+ ramped up by nearly the same amount. That trend looks set to continue in 2024, when non-OPEC+ boosts output by a further 1.6 mb/d.
Mar 28, 2000 · Fifty percent of the time prices U.S. and world prices were below the median oil price of $24.58 per barrel. If long-term history is a guide, those in the upstream segment of the crude oil industry should structure their business to be able to operate with a profit, below $24.58 per barrel half of the time.
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Dec 12, 2023 · December 12, 2023. Next expected update. December 2024. Date range. 1861–2022. Unit. current US$ per cubic meter. Sources and processing. This data is based on the following sources. Energy Institute – Statistical Review of World Energy.
