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The 1861–1944 data is domestic crude oil first purchase price. The EIA defines "first purchase" this way: An equity (not custody) transaction involving an arms-length transfer of ownership of crude oil associated with the physical removal of the crude oil from a property (lease) for the first time.
Instead, I've created this graph, which uses all available monthly average Brent spot prices from this EIA spreadsheet and the United States Consumer Price Index for All Urban Consumers (CPI-U), seasonally adjusted, from here (This is a direct link; but there may be a better one). The monthly numbers and limited date range give good detail, and ...
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 ...
Date/Time Thumbnail Dimensions User Comment; current: 17:46, 15 December 2015: 1,130 × 523 (158 KB): Furfur: 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 ...
This chart pattern tends to lead to a volatile breakout move. The Apex of the triangle is $63.58 on August 6 to August 7. Brent Crude Oil Price Update – Triangle Chart Pattern Indicates ...
Both WTI and Brent crude began the year above $60 for the first time since 2014. [146] With U.S. inventories the lowest in three years, and cold weather decreasing U.S. production, oil reached its highest price since December 2014 in mid-January. On January 15, Brent crude reached $70.37, and the next day, WTI hit $64.89.
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 global price of oil, measured by U.K.’s benchmark Brent crude, cruised past $75 a barrel the first time in two years Tuesday as market participants awaited U.S. inventory data that could ...