Oil price 1990 to 2020

The price of oil, or the oil price, generally refers to the spot price of a barrel of benchmark crude The price of oil dropped to $30 a barrel on 8 March 2020 due to the spreading of coronavirus $65 during the 1990 Persian Gulf crisis and war. The first table shows the Annual Average Crude Oil Price from 1946 to the present. Prices are adjusted for Inflation to January 2020 prices using the Consumer Price Index (CPI-U) as presented by the Bureau of Labor 1990, $23.19, $45.65. Interactive charts of West Texas Intermediate (WTI or NYMEX) crude oil prices per barrel back to 1946. The current price of WTI crude oil as of March 17, 2020 is $27.03 per barrel. 1990, $24.53, $22.88, $41.07, $15.43, $28.48, 30.40%. 4 Mar 2020 This statistic depicts the OPEC oil price development between 1960 and 2019. In 2020, the preliminary average annual oil price per barrel was 65.09 U.S. dollars. Retail price of gasoline in the United States 1990-2019.

Oil prices have been high and low and everywhere in between over the years. Political and other changes have consistently rocked the oil landscape since 1948. Prices ranged between $2.50 and $3.00 a barrel until 1970. That's $17 to $19 a barrel when adjusted for inflation.

8 Mar 2020 Oil prices crashed by as much as 30 per cent after Saudi Arabia fired the first shots in a price war, in crude's biggest one-day fall since the early 1990s Gulf Traders have warned that global oil demand in 2020 could contract Consist of Petrol Price regulations, LPG regulations, Diesel Wholesale Price and Petrol prices - South African cents/litre: September 1990 to December 1999 Key words: Oil prices, Oil supply, Oil demand,. Alternative fuels favoured lower prices in the 1980s and 1990s: 1960 1970 1980 1990 2000 2010 2020 2030. Since the 1970s, crude oil prices in the world market have experienced fluctuations, including in the 1990s. Since 1999, however world oil market developments over the long term to 2020-2030, which are different from the conventional

Oil bulls thought 2020 would be their year. oil prices briefly dipped below $60 last week, the lowest since 1990 and less than half the peak of 14.2% in 2007.

Oil Price forecast for September 2020. In the beginning price at 27.36 Dollars. High price 27.52, low 26.70. The average for the month 27.17. The Oil Price forecast at the end of the month 27.11, change for September -0.9%. Brent oil price forecast for October 2020. In the beginning price at 27.11 Dollars. High price 27.68, low 26.86.

Oil prices have been high and low and everywhere in between over the years. Political and other changes have consistently rocked the oil landscape since 1948. Prices ranged between $2.50 and $3.00 a barrel until 1970. That's $17 to $19 a barrel when adjusted for inflation. Oil Price forecast for September 2020. In the beginning price at 27.36 Dollars. High price 27.52, low 26.70. The average for the month 27.17. The Oil Price forecast at the end of the month 27.11, change for September -0.9%. Brent oil price forecast for October 2020. In the beginning price at 27.11 Dollars. High price 27.68, low 26.86.

14 Jan 2015 This expansion was stimulated by the high price of crude oil after 2003, crude oil producer, overtaking Saudi Arabia by the mid-2020s and evolving into was the world's largest oil producer in 1973/1974 as well as in 1990.

Heating Oil Prices - 30 Year Historical Chart. Interactive chart showing the monthly closing price for No. 2 Heating Oil: New York Harbor since 1986. The prices shown are in U.S. dollars. The current price of heating oil as of March 06, 2020 is 1.37 per gallon. Oil prices have been high and low and everywhere in between over the years. Political and other changes have consistently rocked the oil landscape since 1948. Prices ranged between $2.50 and $3.00 a barrel until 1970. That's $17 to $19 a barrel when adjusted for inflation. Oil Price forecast for September 2020. In the beginning price at 27.36 Dollars. High price 27.52, low 26.70. The average for the month 27.17. The Oil Price forecast at the end of the month 27.11, change for September -0.9%. Brent oil price forecast for October 2020. In the beginning price at 27.11 Dollars. High price 27.68, low 26.86. Oil prices will average $61/b in 2020 and $68/b in 2021. By 2050, the price is forecast at $85/b.