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1. www.macrotrends.net › 1369Crude Oil Prices - 70 Year Historical Chart - Macrotrends

   www.macrotrends.net › 1369

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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.

2. oilprice.com › Latest-Energy-News › World-NewsAverage Oil Price In 2021 Was The Highest In Past Three Years

   oilprice.com › Latest-Energy-News › World-News

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   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,...

3. www.eia.gov › todayinenergy › detailCrude oil prices increased in 2021 as global crude oil demand ...

   www.eia.gov › todayinenergy › detail

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   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.

4. Videos

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     investopedia.com

     What Is Crude Oil, and Why Is It Important to Investors?

     Dec 31, 2008

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     Crude Oil Prices Explained - WTI vs Brent

     Jun 14, 2019

     316.8K Views

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     youtube.com

     Where US gets its oil from and how strategic petroleum reserve is used | JUST THE FAQS

     Mar 31, 2022

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5. ycharts.com › indicators › average_crude_oil_spot_priceAverage Crude Oil Spot Price (I:ACOSP) - YCharts

   ycharts.com › indicators › average_crude_oil_spot_price

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   Apr 30, 2024 · Average Crude Oil Spot Price is at a current level of 78.12, down from 83.26 last month and down from 84.72 one year ago. This is a change of -6.17% from last month and -7.79% from one year ago.

   Date	Value
   August 31, 2024	78.12
   July 31, 2024	83.26
   June 30, 2024	81.20
   May 31, 2024	81.44

   See full list on ycharts.com

   • Change from Last Month: 6.17%
   • Value from 1 Year Ago: 84.72

   • Source: World Bank
   • Value from Last Month: 83.26

6. www.forbes.com › sites › daneberhartWhy Are Oil Prices So High When The U.S. Remains One ... - Forbes

   www.forbes.com › sites › daneberhart

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   Nov 13, 2021 · From October 1 through October 29, 2021, weekly data indicate that U.S. crude oil production averaged 11.4 million barrels a day. U.S. Energy Information Administration

   • Author: Dan Eberhart

7. www.cnn.com › 2021/06/06 › investingUS oil hits $70 for the first time in nearly three years

   www.cnn.com › 2021/06/06 › investing

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   Jun 6, 2021 · The average gallon of regular gas fetched $3.05 on Sunday, up from $2.02 a year ago. Futures for Brent crude have also risen dramatically in recent months. The global benchmark last reached...

8. People also ask

   What is the average price of crude oil in 2021?

   • 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 prices increased in 2021 as global crude oil demand outpaced

   www.eia.gov/todayinenergy/detail.php?id=50738

   See all results for this question

   Why did crude oil prices increase in 2021?

   • Crude oil prices increased in 2021 as increasing COVID-19 vaccination rates, loosening pandemic-related restrictions, and a growing economy resulted in global petroleum demand rising faster than petroleum supply.

   Crude oil prices increased in 2021 as global crude oil demand outpaced

   www.eia.gov/todayinenergy/detail.php?id=50738

   See all results for this question

   Why are oil prices so low in 2021?

   • Rising vaccination rates, reopening economies, and the lifting of mass lockdowns resulted in oil demand outpacing supply last year, pushing oil prices from as low as $50 a barrel at the start of 2021 to an annual high of $86 at the end of October, the EIA notes. Brent Crude prices have retreated since late October, to end 2021 at $78 a barrel.

   Average Oil Price In 2021 Was The Highest In Past Three Years

   oilprice.com/Latest-Energy-News/World-News/Average-Oil-Price-In-2021-Was-The-Highest-In-Past-Three-Years.html

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   What is the average crude oil spot price?

   • Average Crude Oil Spot Price is at a current level of 78.12, down from 83.26 last month and down from 84.72 one year ago. This is a change of -6.17% from last month and -7.79% from one year ago. The Average Crude Oil Spot Price calculates an equally weighted price of the WTI Crude Oil Price, Brent Crude Oil Price, and Dubai Crude Oil Price.

   Average Crude Oil Spot Price (I:ACOSP) - YCharts

   ycharts.com/indicators/average_crude_oil_spot_price

   See all results for this question

9. www.iea.org › reports › oil-market-report-august-2021Oil Market Report - August 2021 – Analysis - IEA

   www.iea.org › reports › oil-market-report-august-2021

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   Aug 12, 2021 · Global oil demand is now seen rising 5.3 mb/d on average, to 96.2 mb/d in 2021, and by further 3.2 mb/d in 2022. World oil supply rose by 1.7 mb/d in July to 96.7 mb/d after Saudi Arabia ended its extra voluntary production cut and the North Sea recovered strongly after maintenance.