Crude oil price chart

crude oil price chart

What do the oil price charts tell us?

Crude oil prices reflect the market’s volatile and liquid nature, as well as oil being a benchmark for global economic activity. The oil price charts offer live data and comprehensive price action on WTI Crude and Brent Crude patterns. Get information on key pivot points, support and resistance and crude oil news.

What is the average price of crude oil?

Crude Oil Prices - Historical Annual Data Year Average Closing Price Year Open Year High Year Low Year Close Annual % Change 2021 $51.92 $47.62 $53.58 $47.62 $53.13 9.50% 2020 $39.68 $61.17 $63.27 $11.26 $48.52 2019

What is the conversion of crude oil to USD?

Conversion. Oil (Brent) Price. Price. 1 Barrel ≈ 158,98 Liters. Oil (Brent) Price Per 1 Liter. 0.28 USD. 1 Barrel ≈ 0,136 Tonnes of Crude Oil. Oil (Brent) Price Per 1 Ton. 328.60 USD.

What is crude oil?

Oil - US Crude , Oil - Brent Crude chart by TradingView. Crude oil is one of the most in-demand commodities, with the two most popularly traded grades of oil being Brent Crude and West Texas Intermediate (WTI). Crude oil prices reflect the market’s volatile and liquid nature, as well as oil being a benchmark for global economic activity.

Where can I find a crude oil price chart?

Oil Price Charts. Oilprice.com, in cooperation with its partners, offers over 150 crude oil blends and indexes from all around the world, providing users with oil price charts, comparison tools and smart analytical features.

What determines oil prices?

The other key factor in determining oil prices is sentiment. The mere belief that oil demand will increase dramatically at some point in the future can result in a dramatic increase in oil prices in the present, as speculators and hedgers alike snap up oil futures contracts.

What are the average oil prices by year?

Oil Prices by Year: Average, High, Low, and Events Year Average Low High Causes 2012 $101.09 $92.18 $108.54 Iran threatened Straits of Hormuz 2013 $98.12 $90.36 $104.16 2014 $89.63 $57.36 $100.26 The dollar rose 15% 2015 $46.34 $33.16 $58.89 U.S. shale oil increased 47 more rows ...

What causes crude oil prices to rise?

Geopolitical events and severe weather that disrupt the supply of crude oil and petroleum products to market can affect crude oil and petroleum product prices. These events may create uncertainty about future supply or demand, which can lead to higher volatility in prices.

How much is 1 barrel of crude oil in tons?

1 Barrel ≈ 0,136 Tonnes of Crude Oil. Oil (Brent) Price Per 1 Ton 296.76 USD. 1 Barrel ≈ 158,98 Liters. Oil (Brent) Price Per 1 Liter 0.25 USD.

What units of measurement can I use to convert crude oil?

You can use this converter to convert betwen units of volume and weight (for example, barrels, liters, kilograms and pounds) for crude oil, diesel fuel oils and gas oils. Oil Density List figures are from simetric.co.uk - copyright © Roger Walker.

What should I know about using the oil conversion converter?

Full disclaimer. Do not use calculations for anything where loss of life, money, property, etc could result from inaccurate calculations. You can use this converter to convert betwen units of volume and weight (for example, barrels, liters, kilograms and pounds) for crude oil, diesel fuel oils and gas oils.

How much does 1 liter of oil cost per liter?

Oil (Brent) Price Per 1 Liter 0.27 USD 1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (Brent) Price Per 1 Ton 318.53 USD

What Is Crude Oil? Crude oil is a naturally occurring petroleum product composed of hydrocarbon deposits and other organic materials. A type of fossil fuel, crude oil is refined to produce usable products including gasoline, diesel, and various other forms of petrochemicals.

What is crude oil used for?

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