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Oil traders, Houston, 2009 Nominal price of oil from 1861 to 2020 from Our World in Data. The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil ...
1859 was the year oil drilling began in the United States, in Titusville, Pennsylvania, and so I imagine it took a couple of years for prices to get down to realistic levels. Prices from the first couple of years of production are probably meaningless. Data from 1945–1985 is said to be the price for "Arabian Light posted at Ras Tanura". I don ...
This chart is ineligible for copyright and therefore in the public domain, because it consists entirely of information that is common property and contains no original authorship. For more information, see Commons:Threshold of originality § Charts
The 1861–2007 graph uses yearly averages, and I couldn't think of a really satisfying way to incorporate the price jumps of the past couple of months. Anyway, I think it's alright for a graph of 150 years of history to wait until the year's end to incorporate its data.
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new data, used the same source but the price in the time period between 2011 and 2014 seems to have been adjusted a little bit as compared to the last graph ... don't know why ... 17:26, 17 December 2014: 1,399 × 654 (214 KB) Furfur: 8., nicht 14. Dezember 2014: 13:06, 17 December 2014: 1,399 × 654 (227 KB) Furfur: final attempt: 13:01, 17 ...
Date/Time Thumbnail Dimensions User Comment; current: 11:11, 11 November 2008: 774 × 527 (52 KB): 84user {{Information |Description=United States oil price from 1999 to 2008 October 17; weekly prices in United States dollars per barrel on the vertical scale, with year markers on the horizontal scale.