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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. Crude Oil is expected to trade at 79.30 USD/BBL by the end of this quarter, according to Trading Economics global macro models and analysts expectations.
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 ...
YearAverageclosing PriceYear OpenYear High2024$78.83$71.65$87.012023$77.64$80.26$93.842022$94.53$76.08$123.702021$68.17$47.62$84.65Dec 12, 2023 · Last updated. December 12, 2023. Next expected update. December 2024. Date range. 1861–2022. Unit. current US$ per cubic meter. Sources and processing. This data is based on the following sources. Energy Institute – Statistical Review of World Energy.
Oil Price Charts. Futures & Indexes. Opec Members (Daily Pricing) International Prices . Canadian Blends. United States Blends . Opec Members. View: Reset chart. Oilprices from around the...
International PricesLastChange% ChangeDas84.62+0.89+1.06% (21 Hours Delay)Umm Lulu85.58+0.89+1.05% (21 Hours Delay)Upper Zakum85.48+0.71+0.84% (21 Hours Delay)Marine85.25+1.24+1.48% (21 Hours Delay)- World oil demand is set to contract by 110 kb/d y-o-y in 4Q22, reaching 100.8 mb/d, up by 130 kb/d compared with last month’s Report. Strong gasoil use in key consuming countries outweighs weak European and Asian petrochemical deliveries.
- World oil supply fell 190 kb/d in November to 101.7 mb/d, breaking a five-month uptrend, after Saudi Arabia and other Gulf countries curbed supply in line with lower OPEC+ output targets.
- Global refinery throughputs surged 2.2 mb/d in November to the highest since January 2020, resulting in sharply lower diesel and gasoline cracks and refinery margins.
- Russian oil exports increased by 270 kb/d to 8.1 mb/d, the highest since April as diesel exports rose by 300 kb/d to 1.1 mb/d. Crude oil loadings were largely unchanged m-o-m, even as shipments to the EU fell by 430 kb/d to 1.1 mb/d.
Mar 16, 2022 · As a result, we have revised down our forecast for world oil demand by 1.3 mb/d for 2Q22-4Q22, resulting in 950 kb/d slower growth for 2022 on average. Total demand is now projected at 99.7 mb/d in 2022, an increase of 2.1 mb/d from 2021.
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Jan 19, 2022 · 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 January 2022.
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