Oil price per barrel over time
Oil prices have been high, low, and everywhere in between over the years. Political, economic, and other changes have consistently rocked the oil landscape since 1948. Prices generally ranged between $2.50 and $3.00 a barrel until 1970. In that case, U.S. crude oil had an average price of $34.77 per barrel. The more relevant world oil price averaged $37.93 per barrel. The median oil price for that period is $32.50 per barrel. If oil prices revert to the mean this period is a little more appropriate for today's analyst. Brent Crude Oil Prices - 10 Year Daily Chart. Interactive daily chart of Brent (Europe) crude oil prices over the last ten years. Values shown are daily closing prices. The current price of Brent crude oil as of March 09, 2020 is $36.33 per barrel. US Dollars Per Barrel, Annual, Not Seasonally Adjusted 2000 to 2020 (Oct 28) Producer Price Index by Industry: Petroleum Lubricating Oil and Grease Manufacturing: Secondary Products Index Dec 1980=100, Monthly, Not Seasonally Adjusted Dec 1980 to Feb 2020 (3 days ago) View the daily price of the crude stream traded at Cushing, Oklahoma, which is used as a benchmark in oil pricing. Crude Oil Prices: West Texas Intermediate (WTI) - Cushing, Oklahoma Skip to main content
The fall in oil prices during the last quarter of 2014 and throughout 2015, which reached an average of US$37 per barrel in December 2015,1 reflects a structural shift in the way the significant upfront investment, which is paid back over time.
The fall in oil prices during the last quarter of 2014 and throughout 2015, which reached an average of US$37 per barrel in December 2015,1 reflects a structural shift in the way the significant upfront investment, which is paid back over time. 28 Feb 2020 West Texas Intermediate (WTI) crude futures fell 73 cents, or 1.6 per cent, to $56.36 per barrel. Following four years of relative stability at around $105 per barrel (bbl), oil prices Time “0” is the quarter of the trough in significant oil price decline episodes 10 Mar 2020 A world oil price in the range of $55 to $60 per barrel is less than the cost of Russian Arctic oil production, European and Brazilian biofuel
Oil prices have been high, low, and everywhere in between over the years. Political, economic, and other changes have consistently rocked the oil landscape since 1948. Prices generally ranged between $2.50 and $3.00 a barrel until 1970.
However, the most recent decline in prices has raised expectations that OPEC and its allies would implement deeper cuts to stabilise the market. US crude oil dropped as much as 0.5% to $55.72 per barrel while Brent crude fell nearly 0.3% to $61.07 per barrel, around 06:30 AM NY time.
9 Mar 2020 Oil prices have suffered their biggest fall since the day in 1991 when American US oil is trading at $33.15 per barrel, a decline of nearly 20%.
Throughout the post war period exporting countries found increasing demand for their crude oil but a 40% decline in the purchasing power of a barrel of oil. In 14 May 2018 Oil prices of $100 per barrel translate to a gasoline price at the pump of $3.60 per gallon in the US, more than $1 per gallon above current 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 March 13, 2020 is $31.73 per barrel. Oil (WTI) Price; 1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 223.90 USD 1 Barrel = 42 Gallons
Monthly price chart and freely downloadable data for Crude Oil (petroleum). Price in US Dollars per Barrel. 60 month history.
14 May 2018 Oil prices of $100 per barrel translate to a gasoline price at the pump of $3.60 per gallon in the US, more than $1 per gallon above current 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 March 13, 2020 is $31.73 per barrel. Oil (WTI) Price; 1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 223.90 USD 1 Barrel = 42 Gallons Get the latest Crude Oil price (CL:NMX) as well as the latest futures prices and other commodity market news at Nasdaq. Prices are based on historical free market (stripper) oil prices of Illinois Crude as presented by Illinois Oil and Gas Association and Plains All American Oil. Typically Illinois Crude is a couple of dollars cheaper per barrel than West Texas Intermediate (WTI) because it requires a bit more refining.
4 Jan 2020 Oil prices jumped to the highest level in more than three months on Friday after the United States killed a top Iranian military commander in Iraq, 14 Dec 2014 Price of crude oil (West Texas Intermediate, dollars per barrel). Treasury bonds is also down almost 50 basis points over the period, for which 3 Jan 2020 Oil prices jumped on Friday, and stocks fell, on news that a powerful The price of Brent oil, the international benchmark, surged to nearly $70 a barrel after the These developments raised the prospect of volatility in Iran and Iraq, two Times since 2012 on energy, the environment and the Middle East. 7 Jan 2020 At that time, President Trump tweeted, “locked and loaded” in Since October 2013, WTI crude oil prices have not closed above $100 per