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In 1986, the price of a barrel of oil experienced a significant decline, dropping to around $10 to $15. This steep decrease was largely due to a combination of factors including overproduction by OPEC and reduced demand. The price collapse marked a significant moment in the oil market, influencing global economies and energy policies for years to come.
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What is the price of a barrel of oil?
As of September 1, 2012 the price of a barrel of oil is $96.48. To see the current price of a barrel of oil see the related link below, which gives the current price of oil.
What was the oil price per barrel in 2003?
The average price for a barrel of crude oil in 2003 was $27.56
Cost of a barrel of oil in 1995?
The average price for a barrel of oil in 1995 was: $16.75
What was the price of oil in 1992?
The average price of a barrel of crude oil in 1992 was $15.99
What was the price of oil in 1965?
The average price of a barrel of crude oil in 1965 was $2.86
What happened to oil prices in 1986?
The price of crude oil varied in 1986 from a low of $9.25 per barrel in July to a high of $23.12 in January.
What is the price of a barrel of oil?
As of September 1, 2012 the price of a barrel of oil is $96.48. To see the current price of a barrel of oil see the related link below, which gives the current price of oil.
Price of oil per barrel in 2000?
The average price for a barrel of crude oil in 2000 was $27.39
What was the oil price per barrel in 2003?
The average price for a barrel of crude oil in 2003 was $27.56
Cost of a barrel of oil in 1995?
The average price for a barrel of oil in 1995 was: $16.75
What was the price of gas the last time oil was 70 a barrel?
In December 2009, the price of crude oil was $70.53 per barrel.
What was highest oil price 2008?
The price of a barrel of crude oil reached its highest 2008 price in the month of July when it hit $128.08 per barrel.
How much was a barrel of oil in 1966?
The average price of a barrel of oil in 1966 was around $2.93.
What was the Price of oil n1967?
The average price of a barrel of crude oil in 1967 was $2.92
What was the price of oil in 1992?
The average price of a barrel of crude oil in 1992 was $15.99
What was the price of oil in 1965?
The average price of a barrel of crude oil in 1965 was $2.86
What was the price of crude oil per barrel in 1991?
$32 a barrel
