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2. 1980s oil glut - Wikipedia

   en.wikipedia.org/wiki/1980s_oil_glut

   The 1980s oil glut was a significant surplus of crude oil caused by falling demand following the 1970s energy crisis.The world price of oil had peaked in 1980 at over US$35 per barrel (equivalent to $129 per barrel in 2023 dollars, when adjusted for inflation); it fell in 1986 from $27 to below $10 ($75 to $28 in 2023 dollars).

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. Price of oil - Wikipedia

   en.wikipedia.org/wiki/Price_of_oil

   Global annual crude oil production (including shale oil, oil sands, lease condensate and gas plant condensate but excluding liquid fuels from other sources such as natural gas liquids, biomass and derivatives of coal and natural gas) increased from 75.86 million barrels (12.1 million cubic metres) in 2008 to 83.16 million bbl (13.2 million m 3 ...

5. Oil prices: Expect a 'few years of pain' after 2022, analyst ...

   www.aol.com/finance/oil-prices-expect-few-years...

   Oil prices hit an eight-month low on Friday as West Texas Intermediate crude futures fell 6% to $78/barrel while Brent futures dropped 5% to hover just above $85/barrel.

6. Oil prices could drop 20% in the next 2 years if the US ... - AOL

   www.aol.com/oil-prices-could-drop-20-183744359.html

   Oil prices could struggle in the coming years, Goldman Sachs says. The firm's commodities analysts say Brent crude prices could drop to the low $60s per barrel by the end of 2026 if President ...

7. Why oil prices have cratered to their lowest level in nearly ...

   www.aol.com/why-oil-prices-cratered-lowest...

   It now expects daily demand for oil to grow by roughly 2 million barrels per day in 2024, 80,000 barrels per day lower than its prior forecast. OPEC also cut its 2025 demand outlook for oil by ...