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

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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.

   • 10 Year Daily Chart

     WTI Crude Oil Prices - 10 Year Daily Chart. Interactive...

   • Crude Oil vs Gasoline Prices

     This interactive chart compares the monthly price...

   • Saudi Arabia Crude Oil Production

     Interactive chart showing the monthly level of Saudi Arabia...

   • Crude Oil Prices Today - Live Chart

     Live interactive chart of West Texas Intermediate (WTI or...

   • Oil Prices vs Natural Gas

     Crude Oil vs Natural Gas - 10 Year Daily Chart. This...

2. blogs.worldbank.org › en › developmenttalkWhat triggered the oil price plunge of 2014-2016 and why it ...

   blogs.worldbank.org › en › developmenttalk

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   Jan 18, 2018 · Supply glut reinforced by weakening demand prospects. The initial drop in oil prices from mid-2014 to early 2015 was primarily driven by supply factors, including booming U.S. oil production, receding geopolitical concerns, and shifting OPEC policies.

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3. Videos

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     Here’s What Drives The Price Of Oil | CNBC

     May 16, 2018

     153.9K Views

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     History of Crude Oil

     Jun 21, 2018

     50.2K Views

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     Crude Oil Prices 1946 to 2021 - 70 Year Historical Chart || Global Data Stats 101

     May 28, 2021

     2.4K Views

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4. www.imf.org › en › PublicationsA Crude Shock: Explaining the Impact of the 2014-16 Oil Price ...

   www.imf.org › en › Publications

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   Jul 18, 2017 · We examine the degree to which economic fundamentals entering the oil price decline explain the impact on economic growth across oil exporting economies, and derive policy implications as to what factors help to mitigate the negative effects.

   • Author: Francesco Grigoli, Alexander Herman, Andrew J Swiston

   • Publish Year: 2017

5. www.bankofcanada.ca › wp-content › uploadsFactors Behind the 2014 Oil Price Decline - Bank of Canada

   www.bankofcanada.ca › wp-content › uploads

   The decline in oil prices in 2014 had a significant impact on the Canadian economy. Canada is a net oil exporter, and the price of oil affects the country’s terms of trade, its gross domestic income and the value of its dollar.

   • File Size: 219KB

   • Page Count: 13

6. www.eia.gov › finance › reviewYear in Review: Crude Oil Prices 2014

   www.eia.gov › finance › review

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   Apr 28, 2015 · Weakening global demand, combined with robust supply from rising U.S. production, decreasing supply disruptions, and the Organization of the Petroleum Exporting Countries (OPEC) maintaining production levels, were the primary causes for the 50% drop in crude oil prices in the second half of 2014.

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7. www.thebalancemoney.com › oil-price-history-3306200Crude Oil Price History: A Chart of Events Since 1970

   www.thebalancemoney.com › oil-price-history-3306200

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   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.

8. People also ask

   Why did crude oil prices drop 50% in 2014?

   • Weakening global demand, combined with robust supply from rising U.S. production, decreasing supply disruptions, and the Organization of the Petroleum Exporting Countries (OPEC) maintaining production levels, were the primary causes for the 50% drop in crude oil prices in the second half of 2014.

   Year in Review: Crude Oil Prices 2014 - EIA

   www.eia.gov/finance/review/annual/

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   How has the oil price changed over the years?

   • Figure 1 shows that the cumulative decline between June and December 2014 alone was 44% (or $49), and the slide of the oil price has continued into January 2015. This price drop has put severe economic stress on oil producers around the world and has called into question the sustainability of alternative forms of energy production.

   Why did the price of oil fall after June 2014? | CEPR

   cepr.org/voxeu/columns/why-did-price-oil-fall-after-june-2014

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   Why did oil prices drop from 2014 to 2016?

   • Last observation is 2017Q2. The initial drop in oil prices from mid-2014 to early 2015 was primarily driven by supply factors, including booming U.S. oil production, receding geopolitical concerns, and shifting OPEC policies. However, deteriorating demand prospects played a role as well, particularly from mid-2015 to early 2016.

   What triggered the oil price plunge of 2014-2016 and why it failed to

   blogs.worldbank.org/en/developmenttalk/what-triggered-oil-price-plunge-2014-2016-and-why-it-failed-deliver-economic-impetus-eight-charts

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   How did the decline in oil prices affect the Canadian economy?

   • The decline in oil prices in 2014 had a significant impact on the Canadian economy. Canada is a net oil exporter, and the price of oil affects the country’s terms of trade, its gross domestic income and the value of its dollar.

   Factors Behind the 2014 Oil Price Decline - Bank of Canada

   www.bankofcanada.ca/wp-content/uploads/2017/11/boc-review-autumn2017-ellwanger.pdf

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9. cepr.org › why-did-price-oil-fall-after-june-2014Why did the price of oil fall after June 2014? | CEPR

   cepr.org › why-did-price-oil-fall-after-june-2014

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   Feb 25, 2015 · Between June and December 2014, the Brent price of crude oil fell by 44%, resulting in one of the most dramatic declines in the price of oil in recent history. This column presents a new quantitative analysis of the market for crude oil.