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In the United States, gasoline consumption declined by 0.4% in 2007, [20] then fell by 0.5% in the first two months of 2008 alone. [21] Record-setting oil prices in the first half of 2008 and economic weakness in the second half of the year prompted a 1.2 Mbbl (190,000 m 3)/day contraction in US consumption of petroleum products, representing 5 ...
11:11, 11 November 2008: 774 × 527 (52 KB) 84user {{Information |Description=United States oil price from 1999 to 2008 October 17; weekly prices in United States dollars per barrel on the vertical scale, with year markers on the horizontal scale. Related charts: [[Image:World oil price in dollars from 19
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 ...
In the process of creating Image:Oil Prices 1861 2007.svg, I realized what an incredible wealth of information is available on the Energy Information Administration's web site. The 1861–2007 graph uses yearly averages, and I couldn't think of a really satisfying way to incorporate the price jumps of the past couple of months.
“Copper’s eventual bull run is likely to make oil’s famous 2008 rally look like child’s play,” Citi’s managing director for commodities research, told clients.
The price of crude oil is heading for its first quarterly drop since 2008 as concerns about the pace of the economic recovery dampen demand. Crude prices have slipped 9 percent in the last three ...
Daily oil consumption by region from 1980 to 2006. This is a list of countries by oil consumption. [1] [2] In 2022, the International Energy Agency (IEA) announced that the total worldwide oil consumption would rise by 2% [3] year over year compared to 2021 despite the COVID-19 pandemic. [citation needed]