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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 ...
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.
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
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A hydraulic fluid or hydraulic liquid is the medium by which power is transferred in hydraulic machinery. Common hydraulic fluids are based on mineral oil or water. [ 1 ] Examples of equipment that might use hydraulic fluids are excavators and backhoes , hydraulic brakes , power steering systems, automatic transmissions , garbage trucks ...
Data from 1861–1944 is available on this page of annual average US domestic crude oil first purchase prices from 1859–2007. The chart leaves off 1859–1860 data. I am not sure why, but I imagine it's because it's disproportionately expensive: $16.00 in 1859 and $9.59 1860, both in the currency of the day, ridiculously expensive in today's ...
The highest gas prices in U.S. history may have occurred in 2022, but the future of what you will pay at the pump remains ominous for the rest of 2023 and for the next several years.
The largest component of the average price of $2.80/gallon of regular grade gasoline in the United States from 2012 through 2021, representing 54.8% of the price of gas, was the price of crude oil. The second largest component during the same period was taxes—federal and state taxes representing 17% of the price of gas.
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