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The current price of WTI crude oil as of June 28, 2024 is $82.64 per barrel. 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 ...
Apr 13, 2022 · Oil Prices by Year: Average, High, Low, and Events . The following chart shows the nominal value for imported crude oil according to the U.S. Energy Information Administration. The first column shows the average annual price. It's followed by the monthly high and low oil prices for that year.
Oil prices jumped on the news and are now about 18% higher than they were before the November announcement. WTI crude is trading around $53.62 per barrel, while Brent crude is around $55.78 per barrel as of 9:28 a.m ET 20 December.
May 4, 2022 · Historical oil prices rose rapidly from 2004-2008. During that time, economic growth was fueling oil demand but there was little spare production capacity. By the second quarter of 2008, inflation-adjusted oil prices hit a high of $125 per barrel.
This Chart presents Monthly Average Crude Oil Prices and Inflation-Adjusted Oil Prices (adjusted to January 2023 prices). For more information, see Annual Average Oil Prices in Table Form.
Mar 28, 2000 · The very long-term view is similar. Since 1869, US crude oil prices adjusted for inflation averaged $23.67 per barrel in 2010 dollars compared to $24.58 for world oil prices. Fifty percent of the time prices U.S. and world prices were below the median oil price of $24.58 per barrel.
Jun 22, 2015 · In its latest Statistical Review of World Energy, BP, the oil major, published an important dataset with annual average oil prices dating back to 1861. The inclusion of different grades of crude reflects the challenges of data collection and comparability across such a long time span.
