How much did a barrel of oil cost in 2017?

How much did a barrel of oil cost in 2017?

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
2020 41.96
2019 64.3
2018 71.34
2017 54.25

What was the price of oil in 2019?

The price of Brent crude oil, the international benchmark, averaged $64 per barrel (b) in 2019, $7/b lower than its 2018 average. The price of West Texas Intermediate (WTI) crude oil, the U.S. benchmark, averaged $57/b in 2019, $7/b lower than in 2018.

What was the average oil price in 2020?

41.96 U.S. dollars per barrel
In 2020, the annual average price was 41.96 U.S. dollars per barrel.

What was the price of oil in 2017?

WTI Crude Oil Prices – 10 Year Daily Chart

Crude Oil Prices – Historical Annual Data
Year Average Closing Price Annual % Change
2017 $50.80 12.48%
2016 $43.29 44.76%
2015 $48.66 -30.53%

What is today’s oil barrel price?

81.93 per barrel
The current price of WTI crude oil as of November 08, 2021 is 81.93 per barrel.

What’s the price of oil per barrel right now?

The current price of WTI crude oil as of November 01, 2021 is 84.05 per barrel.

What is today’s price per barrel of oil?

The current price of WTI crude oil as of October 22, 2021 is 83.76 per barrel.

What is todays price of crude oil?

WTI Crude 81.27 +3.12%
Brent Crude 82.74 +2.73%
Natural Gas 5.516 -3.50%
Heating Oil 2.456 +2.04%
Gasoline •4 days 2.321 +1.23%

What’s the price for a barrel of oil right now?

The current price of WTI crude oil as of October 28, 2021 is 82.81 per barrel.

Is crude oil price going up?

Crude prices have risen sharply in 2021 on the back of a recovery in global demand as the world economy recovers from the pandemic. Supply restrictions maintained by the OPEC+ grouping , too, have kept international oil prices high.

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.

What’s the current price of oil per barrel?

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 November 26, 2019 is $58.41 per barrel.

What was the price of crude oil in 2020?

Crude Oil Prices – Historical Annual Data Year Average Closing Price Year Open Year High Annual % Change 2021 $64.14 $47.62 $75.25 35.28% 2020 $39.68 $61.17 $63.27 -20.64% 2019 $56.99 $46.31 $66.24 35.42% 2018 $65.23 $60.37 $77.41 -25.32%

What was the price of oil in January 2009?

However, because of the financial crisis and an abrupt loss of demand for oil globally, the price of Average Crude fell as much at 70% off highs in January of 2009. Average Crude Oil Spot Price is at a current level of 68.87, down from 73.28 last month and up from 43.44 one year ago.

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