Average price barrel of oil

Prices are based on historical free market (stripper) oil prices of Illinois Crude as presented by Illinois Oil and Gas Association and Plains All American Oil. Typically Illinois Crude is a couple of dollars cheaper per barrel than West Texas Intermediate (WTI) because it requires a bit more refining.

Get the latest Crude Oil price (CL:NMX) as well as the latest futures prices and other commodity market news at Nasdaq. Looking for additional market data? Visit old.nasdaq.com. Prices for the Average Crude reached as high as $114/barrel because of large cuts in production. However, because of the financial crisis and an abrupt loss of demand for oil globally, the price of Average Crude fell as much at 70% off highs in January of 2009. Average Crude Oil Spot Price is at a current level Prices are based on historical free market (stripper) oil prices of Illinois Crude as presented by Illinois Oil and Gas Association and Plains All American Oil. Typically Illinois Crude is a couple of dollars cheaper per barrel than West Texas Intermediate (WTI) because it requires a bit more refining. Live interactive chart of West Texas Intermediate (WTI or NYMEX) crude oil prices per barrel. The current price of WTI crude oil as of October 18, 2019 is 53.82 per barrel. We Need Your Support! Backlinks from other sites are the lifeblood of our site and our primary source of new traffic. Average cash cost to produce a barrel of oil or gas equivalent in 2016, based on data from March 2016. The world has changed for oil producers. When crude-oil prices were more than $100 a barrel just two years ago, the ensuing profits were huge, filling government coffers and swelling company earnings. Live interactive chart of West Texas Intermediate (WTI or NYMEX) crude oil prices per barrel. The current price of WTI crude oil as of October 18, 2019 is 53.82 per barrel. We Need Your Support! Backlinks from other sites are the lifeblood of our site and our primary source of new traffic.

Live interactive chart of West Texas Intermediate (WTI or NYMEX) crude oil prices per barrel. The current price of WTI crude oil as of October 18, 2019 is 53.82 per barrel. We Need Your Support! Backlinks from other sites are the lifeblood of our site and our primary source of new traffic.

Per-barrel costs for crude oil – the No. 1 factor in the cost of producing gasoline and diesel – reflecting the global oil oil supply/demand balance and inventories,   Europe Brent and WTI (Western Texas Intermediate) Spot Prices from EIA U.S. ( Energy Information oil-prices_zip, Compressed versions of dataset. Includes  Let's take for illustration the price of oil as of 2008:Q1 ($115/barrel). “negative” storage cost for oil in the form of a benefit to your business of having some oil. The price shown is the monthly average spot price of a barrel of West Texas intermediate crude oil, measured in U.S. dollars. The gray bars in this and all the   AVERAGE MONTHLY CRUDE OIL PRICE DIFFERENTIALS TO BRENT. ( alternative less Brent) (dollars per barrel). Source: EIA and Bloomberg. WCS. LLS. 28 Feb 2020 Stock markets are slumping too -- the S&P 500 index and Dow Jones Industrial Average both fell by more than 10% in record time over the past  22 Jan 2020 The Energy Information Administration forecasts Brent crude oil spot price will average $65 per barrel in 2020 and $68 per barrel in 2021.

22 Oct 2017 Oil prices explained: Putting a dollar value on a barrel of crude. Oct 22 AVERAGE OIL PRICE BY MONTH VS GASOLINE DEMAND 1976 to 

U.S. Crude Oil First Purchase Price (Dollars per Barrel). Year, Jan, Feb, Mar, Apr, May, Jun, Jul, Aug, Sep, Oct, Nov, Dec. Year, Jan, Feb, Mar, Apr, May, Jun, Jul  The West Texas Intermediate (WTI) price of oil, often a world reference price quoted in the media, averaged US$57.68 a barrel in January 2020, 12.3% higher   They may make a small loss - he estimates the cost of production at about $40 a barrel for shale producers - but until the price falls to around $25 a barrel they will  

OPEC vowed to keep the price of oil above $100 a barrel for the foreseeable The U.S. has an average daily production level of 9 million barrels of oil, and that  

Futures & Indexes, Last, Change, % Change, Last Updated. WTI Crude, 31.13, - 6.15, -22.5%(10 Minutes Delay), (-65398 seconds delay). Brent Crude, 26.68, -  U.S. Crude Oil First Purchase Price (Dollars per Barrel). Year, Jan, Feb, Mar, Apr, May, Jun, Jul, Aug, Sep, Oct, Nov, Dec. Year, Jan, Feb, Mar, Apr, May, Jun, Jul  The West Texas Intermediate (WTI) price of oil, often a world reference price quoted in the media, averaged US$57.68 a barrel in January 2020, 12.3% higher   They may make a small loss - he estimates the cost of production at about $40 a barrel for shale producers - but until the price falls to around $25 a barrel they will   11 Mar 2020 Brent crude oil prices will average $61.25 per barrel in 2020 and $67.53 per barrel in 2021 according to the most recent forecast from the US 

US$ per Barrel Million Barrels per Day Operating cost (U.S. dollars a barrel) Oil production (million barrels a day) United Kingdom Canada Equatorial Guinea Malaysia Colombia Congo Norway China Venezuela Egypt Italy Ghana South Sudan Bahrain Libya Algeria Azerbaijan Chad Ecuador Iran Saudi Arabia Kuwait Brazil Australia Gabon Thailand Nigeria

26 Jan 2016 The average bill for a dinner for two at the Italian chain restaurant would cost you $33. That's quite a steal with unlimited breadsticks and never  Oil prices increased from around USD 45 per barrel at end-June 2017 to about According to micro data from Rystad Energy, the average break-even price of  23 Nov 2018 The cost of a barrel dropped below $60, a decrease of more than 20 percent from its peak last month. President Trump has credited Saudi Arabia  14 May 2018 There is a risk that oil prices could hit $100 per barrel next year for the first in the US, more than $1 per gallon above current average prices. 22 Oct 2017 Oil prices explained: Putting a dollar value on a barrel of crude. Oct 22 AVERAGE OIL PRICE BY MONTH VS GASOLINE DEMAND 1976 to  Monthly average of WTI, Dubai, and Brent oil prices. Horizontal line denotes $105 per barrel, the average for January 2011-June 2014. Last observation as of   2 Mar 2016 The stunning fall in oil prices, from a peak of $115 per barrel in June 2014 to under $35 at the end of February 2016, has been one of the most 

Futures & Indexes, Last, Change, % Change, Last Updated. WTI Crude, 31.13, - 6.15, -22.5%(10 Minutes Delay), (-65398 seconds delay). Brent Crude, 26.68, -  U.S. Crude Oil First Purchase Price (Dollars per Barrel). Year, Jan, Feb, Mar, Apr, May, Jun, Jul, Aug, Sep, Oct, Nov, Dec. Year, Jan, Feb, Mar, Apr, May, Jun, Jul  The West Texas Intermediate (WTI) price of oil, often a world reference price quoted in the media, averaged US$57.68 a barrel in January 2020, 12.3% higher