What was the price of oil per barrel in 2002?

Crude Oil Brent US Dollars per Barrel

DatePrice $Price €
April 200225.73$29.05€
March 200223.70$27.06€
February 200220.28$23.31€
January 200219.42$21.99€

What was the price of oil per barrel in 2003?

United States crude oil prices averaged $30 a barrel in 2003 due to political instability within various oil producing nations. It rose 19% from the average in 2002.

What was the highest price of oil per barrel and when did it happen?

The absolute peak occurred in June 2008 with the highest inflation-adjusted monthly average crude oil price of $156.85 / barrel.

How much was a barrel of oil in 1975?

Annual Average Domestic Crude Oil Prices

Annual Average Domestic Crude Oil Prices ($/Barrel)
1946-Present
1975$12.21$61.61
1976$13.10$62.56
1977$14.40$64.52

What is the lowest oil has ever been?

Oil hit $0.01 a barrel before falling to as low as negative $40 and eventually settling at negative $37.63, the lowest level recorded since the New York Mercantile Exchange began trading oil futures in 1983.

What is the lowest price oil has ever been?

How much is a barrel of oil in 2021?

(13 May 2021) Brent crude oil prices will average $62.26 per barrel in 2021 and $60.74 per barrel in 2022 according to the forecast in the most recent Short-Term Energy Outlook from the US Energy Information Administration (EIA).

What is price of oil today per barrel?

WTI CrudeSellBuy68.28
Brent CrudeSellBuy70.70
Natural GasSellBuy4.140
Heating OilSellBuy2.084
Gasoline •2 days2.257

What was the price of oil in March 2002?

March 7: Light, sweet crude oil for April delivery on the NYMEX closes at $23.71, the highest price since September 21, 2001, when oil prices had temporarily spiked because of the September 11 terrorist attacks.

What was the price of crude oil in 2020?

Crude Oil Prices – Historical Annual Data Year Average Closing Price Year Open Year High Year Low Year Close Annual % Change 2020 $39.33 $61.17 $63.27 $11.26 $47.86-21.73% 2019 $56.99 $46.31 $66.24 $46.31 $61.14

What was the price of crude oil in 2008?

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 July of 2020. Crude oil is expected to trade at 39.27 USD/BBL by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

What was the price of crude oil in 2001?

Annual Average Domestic Crude Oil Prices 2000 $27.39 $41.82 2001 $23.00 $34.18 2002 $22.81 $33.33 2003 $27.69 $39.60

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