Crude oil - data, forecasts, historical chart - was last updated on March of 2020. Historically, Crude oil reached an all time high of 147.27 in July of 2008. Crude oil is expected to trade at 31.29 USD/BBL by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Get the latest Crude Oil price (CL:NMX) as well as the latest futures prices and other commodity market news at Nasdaq. Looking for additional market data? Visit old.nasdaq.com. 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. Through 2040, the world will need US$10.6 trillion in total investments in oil, OPEC said in its World Oil Outlook 2019 in November. Inflation-adjusted oil prices reached an all-time low in 1998 (lower than the price in 1946)! And then just ten years later in June 2008 Oil prices were at the all-time monthly high for crude oil (above the 1979-1980 prices) in real inflation adjusted terms (although not quite on an annual basis).
Oil Price Charts. Oilprice.com, in cooperation with its partners, offers over 150 crude oil blends and indexes from all around the world, providing users with oil price charts, comparison tools Crude oil prices & gas price charts. Oil price charts for Brent Crude, WTI & oil futures. Energy news covering oil, petroleum, natural gas and investment advice
Interactive historical chart showing the monthly level of U.S. crude oil production back to 1983 from the US Energy Information Adminstration (EIA). Values shown are in thousands of barrels produced per day. The current level of U.S. crude oil production as of March 2020 is 13,000.00 thousand barrels per day. Crude light oil price vs. inflation. Changes of price in case of crude oil price does not carry too much meaning unless we compare it to something else like Customer Price Index (CPI), or an other index. So this chart shows crude light oil price’s relative change against the US customer price index in the past 5 years.
4 Mar 2020 between 1960 and 2019. In 2018, the OPEC oil price per barrel was 69.78 U.S. dollars. The abbreviation OPEC stands for Organization of the Petroleum Exporting Countries. $708 / Year. Additional Information. © Statista global oil supply have played major roles in the oil price decline since mid-2014. exchange value of the U.S. dollar, and the yield on 10-year U.S. Trea-. potential determinants of oil price fluctuations, including: 1) shocks to global crude October 10, 1973, with oil producers deciding to produce less oil at higher The price of oil has risen again amid hopes that governments and central of South America's poorest nations is expected to grow more than 80% this year. “ Since the coronavirus outbreak the global oil prices have gone down about $10 a 10 Countries With The Most Natural Resources · What Causes Oil Prices to Fluctuate? Oil is a commodity, and as such, it tends to see larger fluctuations in price than more stable of stable demand and oversupply has put pressure on oil prices over the last five years. OPEC controls 40% of the world's supply of oil.
Interactive chart showing the daily closing price for West Texas Intermediate (NYMEX) Crude Oil over the last 10 years. The prices shown are in U.S. dollars. The current price of WTI crude oil as of September 13, 2019 is $54.48 per barrel.