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  2. Price of oil - Wikipedia

    en.wikipedia.org/wiki/Price_of_oil

    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 ...

  3. Gasoline and diesel usage and pricing - Wikipedia

    en.wikipedia.org/wiki/Gasoline_and_diesel_usage...

    Retail markup over crude oil and wholesale gasoline, 2014–2019 Oil, gas, and diesel prices RBOB Gasoline Prices. In 2008, a report by Cambridge Energy Research Associates stated that 2007 had been the year of peak gasoline usage in the United States, and that record energy prices would cause an "enduring shift" in energy consumption practices. [6]

  4. 2014–2016 world oil market chronology - Wikipedia

    en.wikipedia.org/wiki/2014–2016_world_oil...

    The price of gas was $3.68.5, the highest since March 2013. [10] On April 30, Benchmark crude dropped below $100 for the first time in three weeks as oil supplies continued to rise and the unusually cold winter resulted in negative U.S. economic news. Gas was up 14 cents for the month, the most in three years. [11]

  5. What Was the Highest Gas Price in US History? - AOL

    www.aol.com/history-gas-prices-remember-little...

    Gas prices have reached their all-time high in recent history. Last year the average peaked on June 14, 2022, at $5.02 per gallon. Luckily, although they still remain high, they have slightly ...

  6. Rising Gas Prices: How Inflation Has Impacted Gas Prices Over ...

    www.aol.com/finance/rising-gas-prices-inflation...

    The national average price for a gallon of gasoline is a little more than $4.72, according to AAA as of July 8. ... How Inflation Has Impacted Gas Prices Over the Years ... GOBankingRates mapped ...

  7. Chronology of world oil market events - Wikipedia

    en.wikipedia.org/wiki/Chronology_of_world_oil...

    Indications of a world oil glut lead to a rapid decline in world oil prices early in 1982. OPEC appears to lose control over world oil prices. March: Damascus closes Iraq's 400,000 bbl/d (64,000 m 3 /d) trans-Syrian oil export pipeline to show support for Iran. March 11: U.S. boycotts Libyan crude. May 24:Iran recaptures Khorramshahr.

  8. Key members of OPEC+ alliance are putting off production ...

    www.aol.com/opec-oil-alliance-faces-stagnant...

    The plan had been to start gradually restoring 2.2 million barrels per day over the course of 2025. ... Thirty-one U.S. states now have average gas prices below $3 a gallon. U.S. oil price levels ...

  9. World oil market chronology from 2003 - Wikipedia

    en.wikipedia.org/wiki/World_oil_market...

    In June 2005, crude oil prices broke the psychological barrier of $60 per barrel. From 2005 onwards, the price elasticity of the crude oil market changed significantly. Before 2005 a small increase in oil price lead to an noticeable expansion of the production volume. Later price rises let the production grow only by small numbers.