Table of Contents
- 1 What was the price of a barrel of oil in 2000?
- 2 What was highest oil price ever?
- 3 How much was oil a barrel in 1973?
- 4 How much money is a barrel of oil worth?
- 5 What was the price of a barrel of oil in 1971?
- 6 What was the price of crude oil in 1979?
- 7 What was the price of oil in the 2000s?
- 8 What’s the current price of oil per barrel?
- 9 What was the price of crude oil in 1998?
What was the price of a barrel of oil in 2000?
Annual Average Domestic Crude Oil Prices
| Annual Average Domestic Crude Oil Prices (in $/Barrel) | ||
|---|---|---|
| 1946-Present | ||
| 2000 | $27.39 | $43.61 |
| 2001 | $23.00 | $35.65 |
| 2002 | $22.81 | $34.76 |
What was highest oil price ever?
Historically, Crude oil reached an all time high of 147.27 in July of 2008.
How much did a barrel of oil cost in 2010?
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 |
|---|---|
| 2012 | 111.63 |
| 2011 | 111.26 |
| 2010 | 79.47 |
| 2009 | 61.51 |
How much was oil a barrel in 1973?
During the OPEC oil embargo, inflation-adjusted oil prices went up from $25.97 per barrel (bbl) in 1973 to $46.35 per barrel (bbl) in 1974.
How much money is a barrel of oil worth?
The current price of WTI crude oil as of October 28, 2021 is 82.81 per barrel.
What was the price of oil in January?
It is used to price two thirds of the internationally traded crude oil supplies and it also the most significant crude oil benchmark for Europe….
| Characteristic | Price in U.S. dollars per barrel |
|---|---|
| Feb 21 | 62.28 |
| Jan 21 | 54.77 |
| Dec 20 | 49.99 |
| Nov 20 | 42.69 |
What was the price of a barrel of oil in 1971?
Oil Prices by Year: Average, High, Low, and Events
| Year | Average | Causes |
|---|---|---|
| 1971 | $3.17 | |
| 1972 | $3.22 | |
| 1973 | $4.08 | |
| 1974 | $12.52 | OPEC oil embargo ended |
What was the price of crude oil in 1979?
| Year | Jan | May |
|---|---|---|
| 1978 | 8.71 | 8.81 |
| 1979 | 9.46 | 10.71 |
| 1980 | 17.86 | 21.05 |
| 1981 | 28.81 | 32.73 |
How much is the barrel of oil today?
The current price of WTI crude oil as of November 18, 2021 is 78.65 per barrel.
What was the price of oil in the 2000s?
2000s energy crisis. From the mid-1980s to September 2003, the inflation-adjusted price of a barrel of crude oil on NYMEX was generally under US$25/barrel. During 2003, the price rose above $30, reached $60 by 11 August 2005, and peaked at $147.30 in July 2008.
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 February?
Monthly Average Domestic Crude Oil Prices Year Nominal Price Inflation-Adjusted Price (As of February Jan-11 $84.47 $100.88 Feb-11 $81.32 $96.64 Mar-11 $94.72 $111.48
What was the price of crude oil in 1998?
Annual Average Domestic Crude Oil Prices 1998 $11.91 $19.22 1999 $16.56 $26.08 2000 $27.39 $41.82 2001 $23.00 $34.18