Interactive charts of West Texas Intermediate (WTI or NYMEX) crude oil prices per barrel back to 1946. The price of oil shown is adjusted for inflation using the headline CPI and is shown by default on a logarithmic scale. The current month is updated on an hourly basis with today's latest value. The current price of WTI crude oil as of March 13, 2020 is $31.73 per barrel. The survey added that Brent crude oil prices are expected to average $65–$70 per barrel by 2020. The IMF (International Monetary Fund) forecasts that crude oil prices—Intercontinental Exchange, Brent, Dubai, and West Texas Intermediate—could average around $45.30 per barrel in 2020. Forecasters see the price of international oil benchmark Brent crude at anywhere between $59 to $70 per barrel for 2020, based on varying projections for supply, global demand and whether OPEC's The Energy Information Administration (EIA) expects crude oil prices to be lower on average this year, because of forecast rising global oil inventories in the first half of 2020. Crude oil prices to average $65 per barrel in 2020: EIA January 16, 2019 AEN Staff News Oil prices are expected to slowly gain in value and hit $65/barrel by 2020, according to the US Energy Information Administration. As a result of the supply shock, oil prices jumped… But Russia quickly stepped in by ramping up production and stabilizing the market… Brent, the international crude oil benchmark, is currently trading around $64.66 per barrel. That’s far below its one-year high of $86.07. There’s just too much oil being produced relative to tepid demand.
The second table presents the monthly average crude oil prices for Illinois Sweet Crude plus their inflation-adjusted prices from 2011-2020. Inflation-adjusted oil prices reached an all-time low in 1998 (lower than the price in 1946)! And then just ten years later in June 2008 Oil prices were at the all-time monthly high for crude oil (above
View the latest Crude Oil WTI (NYM $/bbl) Front Month Stock (CL.1) stock price, news, historical charts, analyst ratings and No news for CL.1 in the past two years. Crude Oil Apr 2020, 20.80, -6.15, 26.94, 27.22, 20.78, 03/18/20, 13:35. 8 Mar 2020 The price of crude oil has plunged by almost 27% after Saudi Arabia, the world's Brent crude was at $33.09 a barrel on Monday morning, a fall of 27%. Last year it predicted demand would grow by 825,000bpd in 2020. Gasoline, Diesel and Crude Oil Prices crude oil, the largest input cost; EIA projects stable prices to 2020, but a wider difference With crude oil at these prices, a standard 42 gallon barrel translates to $1.19 to $1.67 per gallon at the pump. Crude oil prices can vary greatly, with a price near $150 per barrel in 2014 and $30 in 2020. Crude oil prices react to many variables, including economic news,
EIA lowers oil price forecasts for 2020 by $3 a barrel the price estimate for international benchmark Brent crude is now lowered to $62 a barrel for next year,
The survey added that Brent crude oil prices are expected to average $65–$70 per barrel by 2020. The IMF (International Monetary Fund) forecasts that crude oil prices—Intercontinental Exchange, Brent, Dubai, and West Texas Intermediate—could average around $45.30 per barrel in 2020. Forecasters see the price of international oil benchmark Brent crude at anywhere between $59 to $70 per barrel for 2020, based on varying projections for supply, global demand and whether OPEC's The Energy Information Administration (EIA) expects crude oil prices to be lower on average this year, because of forecast rising global oil inventories in the first half of 2020.
9 Mar 2020 Crude oil price could crash to below US$30 per barrel in best case beginning April 1, 2020, as members all scramble for market share.
8 Mar 2020 The price of crude oil has plunged by almost 27% after Saudi Arabia, the world's Brent crude was at $33.09 a barrel on Monday morning, a fall of 27%. Last year it predicted demand would grow by 825,000bpd in 2020. Gasoline, Diesel and Crude Oil Prices crude oil, the largest input cost; EIA projects stable prices to 2020, but a wider difference With crude oil at these prices, a standard 42 gallon barrel translates to $1.19 to $1.67 per gallon at the pump. Crude oil prices can vary greatly, with a price near $150 per barrel in 2014 and $30 in 2020. Crude oil prices react to many variables, including economic news,
Analysts believe that further downward pressure on oil prices will stay. Filed on March 9, 2020 | Last updated on March 9, 2020 at 10.54 am WTI crude plummeted 31.5 per cent or $13 a barrel to $28.27 while Brent fell 28.5 per cent or
Puneet Wadhwa | New Delhi | Last Updated at March 09 2020 12:54 IST Brent crude oil prices hit $31 a barrel, down nearly 30 per cent in trade on Monday DUBAI: Saudi Arabia slashed its official selling price (OSP) for April for all its Sunday, 08 Mar 2020 Aramco lowered its OSP for Arab light crude oil to Northwestern Europe to a discount of $10.25 per barrel to Ice Brent, down $8 a barrel. State oil giant Saudi Aramco has set its Arab light crude oil to Asia for April at a 5 Dec 2019 Giving its prediction for WTI crude oil prices in 2020, EIA forecasts Crude continue to move up after 2020 to reach over $100 per barrel on 23 Jan 2020 The US Energy Information Administration (EIA) revealed in its January Short- Term Energy Outlook that it sees Brent crude oil spot prices 14 Feb 2020 Oil prices are likely headed lower as a result. Administration (EIA) have cut their forecast for 2020 crude prices. The West Texas Intermediate (WTI) benchmark for U.S. crude prices rose 1.8% to $52.34 a barrel on the New