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 Crude oil1983-2020 Data | 2021-2022 Forecast | Price | Quote | Chart | Historical. Summary; Forecast; Stats; Alerts. Crude oil Crude Oil (petroleum); Dubai Fateh Fateh 32 API; US$ per barrel. From the data product: IMF Cross Country Chart Table. Value. Created with Highcharts 7.2.0 Theset tables shows the Annual Average and Monthly Average Crude Oil Prices plus their inflation adjusted prices adjusted to a February 2019 base. Crude oil import prices comes from the IEA's Crude Oil Import Register and is influenced by a number of factors The nominal crude oil spot price from 2003 to 2011 is for Dubai and from 1970 to 2002 for Arabian Light. Chart; Map; Table.
Brent and Dubai are the most widely used benchmarks worldwide for physical crude oil price, are closely correlated, and underpinned by several million barrels per day (b/d) of Brent/Dubai derivative spread trades. Typically, the sweet Brent crude oil benchmark trades at a premium to the sour Dubai crude benchmark.
Crude Oil (petroleum); Dubai Fateh Monthly Price - US Dollars per Barrel. Description: Crude oil, Dubai Fateh 32° API for years 1985-present; 1960-84 refer to Saudi Arabian Light, 34° API. Dubai Crude Oil Spot Price: Dubai Crude Oil Spot Price is at a current level of 69.51, up from 53.12 one year ago. This is a change of 30.84% from one year ago. Crude Oil decreased 30.71 USD/BBL or 50.19% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Crude oil reached an all time high of 147.27 in July of 2008. Brent and Dubai are the most widely used benchmarks worldwide for physical crude oil price, are closely correlated, and underpinned by several million barrels per day (b/d) of Brent/Dubai derivative spread trades. Typically, the sweet Brent crude oil benchmark trades at a premium to the sour Dubai crude benchmark.
Crude oil1983-2020 Data | 2021-2022 Forecast | Price | Quote | Chart | Historical. Summary; Forecast; Stats; Alerts. Crude oil
2 Million Barrels of Oman Blend Crude Sold at a Premium of $0.25 over December OSP at DME Auctions 02 Oct 2019 September oil markets calmed by Saudi reassurances on supplies Prices are based on historical free market (stripper) oil prices of Illinois Crude as presented by Illinois Oil and Gas Association and Plains All American Oil. Typically Illinois Crude is a couple of dollars cheaper per barrel than West Texas Intermediate (WTI) because it requires a bit more refining. Crude Oil Production in the United Arab Emirates increased to 3070 BBL/D/1K in September from 3065 BBL/D/1K in August of 2019. Crude Oil Production in the United Arab Emirates averaged 2141.53 BBL/D/1K from 1973 until 2019, reaching an all time high of 3336 BBL/D/1K in November of 2018 and a record low of 990 BBL/D/1K in August of 1984. Because of these factors, buyers of crude oil – along with speculators – need an easy way to value the commodity based on its quality and location. Benchmarks such as Brent, WTI and Dubai/Oman Dubai Mercantile Exchange Limited (DME) is the premier energy-focused commodities exchange in the East of Suez and home to the world's third crude benchmark. DME was launched in June 2007 with the goal of bringing fair and transparent price discovery and efficient risk management to… The major benchmark oil prices in the world contain Brent crude oil price, WTI (West Texas Intermediate) crude oil price and Dubai/Oman crude oil price. The different type of oil are with different density and sulfur content, that leads to the oil price difference. Crude oil price are commonly measured in USD per barrel. Notes: Weekly, monthly, and annual prices are calculated by EIA from daily data by taking an unweighted average of the daily closing spot prices for a given product over the specified time period. See Definitions, Sources, and Notes link above for more information on this table.