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$133.89 per barrel
- Between February 22 and March 8, Brent crude oil spot prices rose as high as $133.89 per barrel, their highest levels since 2014 and an increase of $37.20 per barrel, per Bloomberg – the largest two-week price increase on record since 1990.
www.api.org/news-policy-and-issues/blog/2022/05/13/analyzing-how-geopolitical-events-have-impacted-crude-oil-marketsAnalyzing How Geopolitical Events Have Impacted Crude Oil Markets
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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.
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Jan 4, 2023 · The Brent crude oil spot price averaged $100/b in 2022, and the WTI spot price averaged $95/b. In the first half of 2022, geopolitical tension with Russia, culminating with Russia’s full-scale invasion of Ukraine on February 24, contributed to crude oil price increases.
Crude Oil increased 3.71 USD/BBL or 5.18% 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 October of 2024.
May 13, 2022 · Between February 22 and March 8, Brent crude oil spot prices rose as high as $133.89 per barrel, their highest levels since 2014 and an increase of $37.20 per barrel, per Bloomberg – the largest two-week price increase on record since 1990.
Mar 4, 2022 · The Brent crude oil price last rose above $100/b in late 2014. The front-month WTI contract price closed above $110/b on March 2, after first settling above $100/b on March 1. Brent crude oil is a type of crude oil from the North Sea in Northwest Europe that is commonly used as a global benchmark.
Brent crude oil - data, forecasts, historical chart - was last updated on October 11 of 2024. Brent increased 2.16 USD/BBL or 2.81% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.
Mar 16, 2022 · As this Report went to print, ICE Brent oil futures slid to around $100/bbl after touching an intraday high of nearly $140/bbl on 8 March. Prices jumped from $90/bbl in early February following the invasion of Ukraine and as supply concerns mounted.