Table of Contents
- 1 How much was oil a barrel in 2019?
- 2 What was the price of a barrel of oil in 2016?
- 3 How much does a barrel of oil cost in 2021?
- 4 What was the price of oil in 2021?
- 5 How much is a barrel of oil 2014?
- 6 What is today’s crude oil price?
- 7 How much does a barrel of oil cost 2021?
- 8 What was the price of crude oil in 2017?
- 9 How are crude oil prices adjusted for inflation?
- 10 How many liters are in a barrel of oil?
How much was oil a barrel in 2019?
According to a January 2020 EIA report, the average price of Brent crude oil in 2019 was $64 per barrel compared to $71 per barrel in 2018. The average price of WTI crude oil was $57 per barrel in 2019 compared to $64 in 2018.
What was the price of a barrel of oil in 2016?
Crude oil prices ended the year above $50 per barrel (b). Although the annual average West Texas Intermediate (WTI) crude oil price in 2016 was $43/b—down $5/b from 2015—the WTI price ended 2016 at $53/b, $16/b higher than at the end of 2015.
How much is a barrel of oil 2015?
WTI Crude Oil Prices – 10 Year Daily Chart
| Crude Oil Prices – Historical Annual Data | ||
|---|---|---|
| Year | Average Closing Price | Annual % Change |
| 2016 | $43.29 | 44.76% |
| 2015 | $48.66 | -30.53% |
| 2014 | $93.17 | -45.55% |
How much does a barrel of oil cost in 2021?
The U.S. Energy Information Administration (EIA) has kept its Brent spot average price forecasts for 2021 and 2022 flat in its latest short term energy outlook (STEO). The EIA’s November STEO sees Brent spot prices averaging $71.59 per barrel this year and $71.91 per barrel next year..
What was the price of oil in 2021?
The EIA’s November STEO sees Brent spot prices averaging $71.59 per barrel this year and $71.91 per barrel next year. In its previous October STEO, the EIA projected that Brent spot prices would average $71.38 per barrel in 2021 and $71.91 per barrel in 2022..
How much did a barrel of oil cost in 1970?
Annual Average Domestic Crude Oil Prices
| Annual Average Domestic Crude Oil Prices (in $/Barrel) | ||
|---|---|---|
| 1946-Present | ||
| 1970 | $3.39 | $23.96 |
| 1971 | $3.60 | $24.39 |
| 1972 | $3.60 | $23.62 |
How much is a barrel of oil 2014?
Average annual Brent crude oil price from 1976 to 2021 (in U.S. dollars per barrel)
| Characteristic | Average crude oil price in U.S. dollars per barrel |
|---|---|
| 2016 | 43.67 |
| 2015 | 52.32 |
| 2014 | 98.97 |
| 2013 | 108.56 |
What is today’s crude oil price?
| WTI Crude | 81.03 | -0.69% |
|---|---|---|
| Brent Crude | 82.29 | -0.70% |
| Natural Gas | 5.121 | -0.54% |
| Heating Oil | 2.430 | -0.72% |
| Gasoline | 2.304 | -0.62% |
What was the price of oil per barrel in January 2021?
Recent Contracts
| Last | Low | |
|---|---|---|
| Brent Crude Oil Last Day Financial Jan 2021 | $82.18 | $82.04 |
| Brent Crude Oil Last Day Financial Feb 2021 | $81.14 | $81.00 |
| Brent Crude Oil Last Day Financial Mar 2022 | $80.17 | $80.17 |
| Brent Crude Oil Last Day Financial Apr 2022 | $79.77 | $79.18 |
How much does a barrel of oil cost 2021?
Brent Crude Oil Price Forecasts from Different Sources
| Year | Units | 2021 |
|---|---|---|
| Reference | $2019 USD per Barrel, Brent | 45.00 |
| Evolving | $2019 USD per Barrel, Brent | 43.00 |
What was the price of crude oil in 2017?
Source: U.S. Energy Information Administration, based on Thomson Reuters. Crude oil prices ended 2017 at $60/barrel (b), the highest end-of-year price since 2013. West Texas Intermediate (WTI) crude oil prices averaged $51/b in 2017, up $7/b from the 2016 average, and ended the year $6/b higher than at the end of 2016.
How much does one barrel of crude oil cost?
Conversion Oil (WTI) Price Price; 1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 274.93 USD 1 Barrel ≈ 158,98 Liters
How are crude oil prices adjusted for inflation?
Prices are adjusted for Inflation to June 2021 prices using the Consumer Price Index (CPI-U) as presented by the Bureau of Labor Statistics. Note: Since these are ANNUAL Average prices they will not show the absolute peak price and will differ slightly from the Monthly Averages in our Oil Price Data in Chart Form.
How many liters are in a barrel of oil?
Price. 1 Barrel ≈ 158,98 Liters. Oil (Brent) Price Per 1 Liter. 0.28 USD. 1 Barrel ≈ 0,136 Tonnes of Crude Oil. Oil (Brent) Price Per 1 Ton. 331.47 USD. 1 Barrel = 42 Gallons.