Search results
2.36%
- Daily Crude Oil increased 1.69 USD/BBL or 2.36% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.
tradingeconomics.com/commodity/crude-oil
People also ask
How much has crude oil decreased since the beginning of 2024?
What happened to Brent crude oil in 2024?
How will global oil supply change in 2024?
Why did oil prices remain subdued in 2023?
Crude Oil increased 1.91 USD/BBL or 2.67% 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.
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. The current price of WTI crude oil as of October 03, 2024 is $73.84 per barrel.
YearAverageclosing PriceYear OpenYear High2024$77.57$71.65$87.012023$77.64$80.26$93.842022$94.53$76.08$123.702021$68.17$47.62$84.65Sep 12, 2024 · The rapid decline in global oil demand growth in recent months, led by China, has fuelled a sharp sell-off in oil markets. Brent crude oil futures have plunged from a high of more than $82/bbl in early August to a near three-year low at just below $70/bbl on 11 September, despite hefty supply losses in Libya and continued crude oil inventory draws.
Apr 9, 2024 · The price of a barrel of Brent crude oil, the international benchmark, has risen more than 20 percent since mid-December. It has jumped more than 10 percent over the past month alone, to...
Jun 20, 2024 · Global crude oil prices, measured in US dollars per cubic meter. This data is not adjusted for inflation.
For 2024 as a whole, global oil supply growth is forecast to average 770 kb/d, which will boost oil supply to a record 103 mb/d. Non-OPEC+ output is expected to rise by 1.5 mb/d, while OPEC+ production will fall by 740 kb/d year-on-year if existing voluntary cuts are maintained.
Brent crude oil - data, forecasts, historical chart - was last updated on October 4 of 2024. Brent increased 0.51 USD/BBL or 0.66% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.