Historical oil price by year

3 Jan 2020 Crude oil prices in 2019 averaged US$63 per barrel, a drop from $70 the year before, reflecting a slowdown in oil demand as the US-China  5 Dec 2019 Analysing the crude oil price trend for the nearest future, OPEC forecasts oil demand to continue at “healthy rates” over the next five years,  13 Jan 2015 During that stretch, imported oil cost $33 per barrel, on average, according to data from the federal Energy Information Administration.

Description Crude Oil Prices from 1861. $US per barrel. 1861-1944:US average. 1945-1983:Arabian Light posted ar Ras Tanura. 1984-2010:Brent Dated. In recent years, automotive diesel and gasoline prices have tracked movements in crude oil prices. Global pump prices are, on average, significantly higher than   (Bloomberg) -- Saudi Aramco is slashing planned spending this year in the first sign that plunging demand and the oil-price war the kingdom unleashed are  Gasoline prices ($2.72 per gallon nationwide average in June 2019 per AAA) have decreased 6 percent year-on-year in tandem with Diesel and Crude oil  The price of oil as measured per barrel of the West Texas Intermediate (WTI) benchmark—a particular grade of light and sweet crude oil commonly traded in the  28 Feb 2020 Crude oil prices fall again, on track for biggest weekly drop in over 4 years. Getty Images. The most active Brent crude contract for May was  9 Mar 2020 US oil prices crashed as much as 34% to a four-year low of $27.34 a barrel as traders brace for Saudi Arabia to flood the market with crude in a 

9 Mar 2020 US oil prices crashed as much as 34% to a four-year low of $27.34 a barrel as traders brace for Saudi Arabia to flood the market with crude in a 

23 May 2017 Despite supply cuts initiated by OPEC since January, inventories remain near historic highs and could still fail to fall to their five-year average  View today's oil price and charts. List of 1 Year Return Crude oil is the world's most traded commodity and two global benchmarks set the price: West Texas  5 Mar 2020 Oil prices - history. The price of crude oil has gone through a heck of a journey. This article illustrates the history of crude oil prices since the  21 Sep 2013 The crude oil price cycle may extend over several years responding to changes in demand as well as OPEC and non-OPEC supply. We will 

View today's oil price and charts. List of 1 Year Return Crude oil is the world's most traded commodity and two global benchmarks set the price: West Texas 

Get the latest Crude Oil price (CL:NMX) as well as the latest futures prices and other commodity market news at Nasdaq. View the crude oil price charts for live oil prices and read the latest forecast, news Crude Oil Price Crushed to a 17-Year Low as Global Recession Fears Grow.

The crude oil price cycle may extend over several years responding to changes in demand as well as OPEC and non-OPEC supply. We will discuss the impact 

5 Dec 2019 Analysing the crude oil price trend for the nearest future, OPEC forecasts oil demand to continue at “healthy rates” over the next five years,  13 Jan 2015 During that stretch, imported oil cost $33 per barrel, on average, according to data from the federal Energy Information Administration. 22 Jul 2015 Crude Oil Price History Event (B), 1865 – 1890: Prices boom and bust over the next 25 years due to fluctuations in U.S. drilling. By 1877, John  23 May 2017 Despite supply cuts initiated by OPEC since January, inventories remain near historic highs and could still fail to fall to their five-year average  View today's oil price and charts. List of 1 Year Return Crude oil is the world's most traded commodity and two global benchmarks set the price: West Texas  5 Mar 2020 Oil prices - history. The price of crude oil has gone through a heck of a journey. This article illustrates the history of crude oil prices since the  21 Sep 2013 The crude oil price cycle may extend over several years responding to changes in demand as well as OPEC and non-OPEC supply. We will 

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 October 21, 2019 is $58.95 per barrel.

The oil price suffered its biggest fall since the 1991 Gulf War after Saudi Arabia and Russia decided to bump up production at a time of reduced deman…

Oil prices have been high and low and everywhere in between over the years. Political and other changes have consistently rocked the oil landscape since 1948. Prices ranged between $2.50 and $3.00 a barrel until 1970. That's $17 to $19 a barrel when adjusted for inflation.