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Lowest oil price per barrel in history

Lowest oil price per barrel in history

This statistic depicts the OPEC oil price development between 1960 and 2019. In 2018, the OPEC oil price per barrel was 69.78 U.S. dollars. History of Crude Oil Prices at The New York Mercantile Exchange. NYMEX WTI Crude Oil: Most Recent, Week-Ending Close The above table lists the price history for a barrel of WTI light, sweet crude oil for future delivery as traded on the New York Mercantile Exchange (NYMEX) The price of oil has oscillated from an all-time hike of almost $150 a barrel to a low of $30, hand in hand with the credit-crunch and the inextricable economic connection between money and oil. 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. Historically, Crude oil reached an all time high of 147.27 in July of 2008 and a record low of 9.75 in April of 1986. Crude oil prices ended 2015 below $40 per barrel (b), the lowest level since early 2009. Spot prices for the international crude oil benchmark Brent averaged $52/b in 2015, 53% below the level in 2014 and 49% below the average price over 2010-14. Crude oil slumped to its lowest since 2016 on Monday as the coronavirus pandemic continued to weigh on global demand amid a price war between OPEC and its allies that's boosting supply.

Monthly price chart and freely downloadable data for Crude Oil (petroleum). Price in US Dollars per Barrel. 60 month history.

9 Mar 2020 Moscow's refusal to cut its oil output by a half-million barrels a day shattered “ We are preparing for two years of low prices and will make the  Oil price plummets as Opec fails to agree production cuts www.theguardian.com/business/2020/mar/06/oil-price-plummets-as-opec-fails-to-agree-production-cuts

Interactive charts of West Texas Intermediate (WTI or NYMEX) crude oil prices per barrel back to 1946. 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.

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. The breakeven price for North American shale oil was US$68 a barrel in 2015, making it one of the most expensive to produce. By 2019, the "average Brent breakeven price for tight oil was about US$46 per barrel. The breakeven price of oil from Saudi Arabia and other Middle Eastern countries was US$42, in comparison. One should also note that the financial section does not report the price of oil but that of oil futures - which may or may not reflect actual returns. The "highest price ever paid for oil" for is a very difficult to determine value. Illinois sweet crude in June 2008 peaked at $136.31 bbl on the nymex in 2015 dollars. Crude oil slumped to its lowest since 2016 on Monday as the coronavirus pandemic continued to weigh on global demand amid a price war between OPEC and its allies that's boosting supply. 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? Historical Download Data. Notes: Weekly, monthly, and annual prices are calculated by EIA from daily data by taking an unweighted average of the daily closing spot prices for a given product over the specified time period. See Definitions, Sources, and Notes link above for more information on this table. 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

9 Mar 2020 Moscow's refusal to cut its oil output by a half-million barrels a day shattered “ We are preparing for two years of low prices and will make the 

Welcome to Oil Crude Price - a site devoted to bringing you the latest crude oil price per barrel including Brent crude oil price and WTI crude oil price. The site provides crude oil prices history charts (Brent crude price history charts and WTI crude price history charts) for the past 30 days, 90 days, 1, 5, 10 and 20 years. This statistic depicts the OPEC oil price development between 1960 and 2019. In 2018, the OPEC oil price per barrel was 69.78 U.S. dollars. History of Crude Oil Prices at The New York Mercantile Exchange. NYMEX WTI Crude Oil: Most Recent, Week-Ending Close The above table lists the price history for a barrel of WTI light, sweet crude oil for future delivery as traded on the New York Mercantile Exchange (NYMEX) The price of oil has oscillated from an all-time hike of almost $150 a barrel to a low of $30, hand in hand with the credit-crunch and the inextricable economic connection between money and oil. 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. Historically, Crude oil reached an all time high of 147.27 in July of 2008 and a record low of 9.75 in April of 1986.

The price of oil has oscillated from an all-time hike of almost $150 a barrel to a low of $30, hand in hand with the credit-crunch and the inextricable economic connection between money and oil.

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? Historical Download Data. Notes: Weekly, monthly, and annual prices are calculated by EIA from daily data by taking an unweighted average of the daily closing spot prices for a given product over the specified time period. See Definitions, Sources, and Notes link above for more information on this table.

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