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These all seems subtly different to me. I think it would be better if the entire chart relied on the same source. Oil was not extracted in large quantities in the Middle East until the mid-20th century, and was first drilled in the North Sea in the 1970s, but the EIA has US domestic oil prices from 1859 all the way to today. It has month-by ...
English: The chart in the figure shows the change in WTI oil prices between 2013 and 2023 (data availability by CNBC). The x-axis of the graph shows dots of different colours for each year, representing the start price, end price, and the highest and lowest prices for each year. y-axis represents the price of oil in US dollars per barrel.
x-axis: year, begins with 2000 y-axis: price of crude oil in dollars per barrel, West Texas Intermediate benchmark full year range: File:Crude oil price WTI EIA.svg Date
Date/Time Thumbnail Dimensions User Comment; current: 04:36, 19 April 2022: 871 × 635 (17 KB): Wikideas1: better labeling: 04:15, 19 April 2022: 888 × 560 (11 KB): Wikideas1
Citizen of the Planet/UCG/Universal Images Group via Getty Images. ... A barrel that today costs $100 is the equivalent, in real dollars, to a $71 barrel in 2010 and a $56 barrel in 2000 ...
The average price of WTI crude oil was $57 per barrel in 2019 compared to $64 in 2018. [91] On 20 April 2020, WTI Crude futures contracts dropped below $0 for the first time in history, [110] and the following day Brent Crude fell below $20 per barrel.
Brent crude futures have seen a similar rise of more than 30% over the same period, currently hovering above $94 per barrel. Citi's analysts see oil averaging $84 in the fourth quarter 2023 and ...
This includes the resources it takes for exploration, to remove it from the ground, and transport it. Between 2004 and 2008, there was an increase in fuel costs due in large part to a worldwide increase in demand for crude oil. Prices leapt from $35 to $140 per barrel ($220 to $880/m 3), causing a corresponding increase in gas prices. [15]