The price of crude oil fluctuates based on various factors, including supply and demand dynamics, geopolitical events, and economic conditions. As of my last update in October 2023, specific prices can vary widely, so it's best to check current financial news or market reports for the latest figures. Generally, benchmark prices like Brent Crude and West Texas Intermediate (WTI) are commonly referenced.
In 1977, the average price for a barrel of crude oil was $14.40 (about $60.00 in today's dollars).
In 1997, the average price for a barrel of crude oil was $18.64 (about $30.00 in today's dollars).
The average price of a barrel of crude oil in 1992 was $15.99
The average price of a barrel of crude oil in 1965 was $2.86
The average price of a barrel of crude oil in 1967 was $2.92
The average price of a barrel of crude oil in 1901 was 96 cents.
In 1977, the average price for a barrel of crude oil was $14.40 (about $60.00 in today's dollars).
The average price for a barrel of crude oil in 2000 was: $26.72
The average price for a barrel of crude oil in May 2007 was: $58.90
In 1997, the average price for a barrel of crude oil was $18.64 (about $30.00 in today's dollars).
From 2005-2010, the average price for a barrel of crude oil is: about $67.00.
In 1976, the average price for a barrel of crude oil was $13.10 (about $50.19 today).
The highest price for barrel of crude oil reached $128.08in July 2008.
The average price of a barrel of crude oil in 1992 was $15.99
The average price of a barrel of crude oil in 1965 was $2.86
The average price of a barrel of crude oil in 1967 was $2.92
future price