The Average Crude Oil Spot Price calculates an equally weighted price of the WTI Crude Oil Price, Brent Crude Oil Price, and Dubai Crude Oil Price. This metric gives a nice overview of the broad crude oil market, rather than looking at one type of crude oil price alone. One of the most notable times for the Average Crude Oil Spot Price was in 2008. 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. Show Average Crude Oil Spot Price is at a current level of 90.33, up from 88.22 last month and up from 82.06 one year ago. This is a change of 2.39% from last month and 10.07% from one year ago. Oilprice.com, in cooperation with its partners, offers over 150 crude oil blends and indexes from all around the world, providing users with oil price charts, comparison tools and smart analytical features. No part of any data presented on this website may be re-published, re-displayed or otherwise re-distributed without the prior written consent of Oilprice.com. Trading in leveraged products is risky. Risk of capital loss. Jump to comparison chart
What is the highest oil price in history?Historically, Crude oil reached an all time high of 147.27 in July of 2008. Crude oil - data, forecasts, historical chart - was last updated on November of 2022.
How much is a barrel of oil 2014?Average annual Brent crude oil price from 1976 to 2022 (in U.S. dollars per barrel). How much is a barrel of oil 2016?The average annual price of a barrel of crude oil acquired by U.S. refineries in 2016 was about $41 which was down from the record-high price of $109/barrel in 2011 (dollars have been adjusted for inflation).
How much was a barrel of oil may 2011?The national average rose on May 5, 2011 for the 44th straight day, reaching $3.98. However, that same day, West Texas Intermediate crude fell below $100 a barrel, the lowest since March 16.
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