Table of Contents
What was the price of oil in 2015?
WTI Crude Oil Prices – 10 Year Daily Chart
| Crude Oil Prices – Historical Annual Data | ||
|---|---|---|
| Year | Average Closing Price | Year Open |
| 2016 | $43.29 | $36.81 |
| 2015 | $48.66 | $52.72 |
| 2014 | $93.17 | $95.14 |
What is the price of a barrel of oil in 2021?
(13 May 2021) Brent crude oil prices will average $62.26 per barrel in 2021 and $60.74 per barrel in 2022 according to the forecast in the most recent Short-Term Energy Outlook from the US Energy Information Administration (EIA).
What was the price of crude oil in January 2021?
Recent Contracts
| Last | Chg | |
|---|---|---|
| Brent Crude Oil Last Day Financial Jan 2021 | $80.57 | -1.42 |
| Brent Crude Oil Last Day Financial Feb 2021 | $79.53 | -1.29 |
| Brent Crude Oil Last Day Financial Mar 2022 | $78.55 | -1.17 |
| Brent Crude Oil Last Day Financial Apr 2022 | $77.68 | -1.07 |
What was the price of crude oil in February 2021?
Historical Data
| Date | Value |
|---|---|
| February 28, 2021 | 60.46 |
| January 31, 2021 | 53.60 |
| December 31, 2020 | 48.73 |
| November 30, 2020 | 42.30 |
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 oil in the 1970’s?
Oil Prices in the 1960s and 1970s. Global oil prices in the 20th century generally ranged between $1.00 and $2.00 per barrel (/b) until 1970. 2 That’s about $20/b to $40/b when adjusted for inflation. The United States was the world’s dominant oil producer at that time. It regulated prices.
What was the price of oil in 1979?
Oil Prices by Year: Average, High, Low, and Events Year Average Low High Causes 1978 $14.57 $14.40 $14.94 Fed raised and lowered rates 1979 $21.57 $15.50 $28.91 Iran-Iraq War, fed rate 20% 1980 $33.86 $30.75 $35.63 Iran oil embargo 1981 $37.10 $35.43 $39.00 Reagan cut taxes
When was the last time gas went over a dollar?
What year did gas go over one dollar? The average price of gas first went over $1 a gallon in 1980, when it went from $0.86 per gallon to $1.19 per gallon. When was the last time gas was under $2 a gallon? The last time the average price of gas was less than $2 was 15 years ago, in 2004.