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 the 1979-1980 prices) in real inflation adjusted terms (although not quite on an annual basis).

$65 during the 1990 Persian Gulf crisis and war. Following that, there was a period of global recessions and the price of oil hit a low of c. $15 before it peaked at  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 Closing Price, Year Open, Year High, Year Low, Year Close, Annual 1990, $24.53, $22.88, $41.07, $15.43, $28.48, 30.40%. The first table shows the Annual Average Crude Oil Price from 1946 to the present. 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 1990, $23.19 , $45.65. 20 Nov 2008 2005 - Oil prices rise above $68 in August 2005 as Hurricane Katrina hits cutting oil demand and pushing Brent to a low of just $9.55 at the end of the year. 1990s - Crude prices oscillate between $10 a barrel and $25,  4 Mar 2020 This statistic depicts the OPEC oil price development between 1960 and 2019. In 2018, the OPEC oil price per barrel was 69.78 U.S. dollars. The abbreviation Retail price of gasoline in the United States 1990-2019. Gasoline prices You need at least a Premium Account to use this feature. ✕. Exclusive  A discussion of crude oil prices, the relationship between prices and rig count, the recent Prices in the mid $30s seem exceptionally low by today's standards. The price of crude oil spiked in 1990 with the lower production, uncertainty  U.S. oil prices have been up and down since 1974. Highs and lows have been Oil prices have been high, low, and everywhere in between over the years. Political, economic 1990, $21.73, $15.15, $32.88, Gulf War. 1991, $18.73, $17.17 

2 days ago Oil prices have also been under intense pressure on the supply side, as weakest reading since January 1990 when Reuters records began.

27 Sep 2017 In the 1990s, prices for both crude and natural gas were low. Values for these energy sources were relatively close on a $/MM BTU basis,  4 Mar 2020 The latest price of home heating oil nationwide is $2.82. Here's a look at the series since its inception in 1990. The next chart shows a  1980s and 1990s, which witnessed many occasions of sharp oil price falls and despite substitution and energy conservation, but the elasticity is still quite low. 1 Oct 2019 Crude-oil futures settle lower Tuesday as a reading of U.S. manufacturing activity at Mercantile Exchange, with front-month contract prices logging their lowest finish since Aug. 1990, according to Dow Jones market Data.

transport sectors, were strongly sensitive to the drastic oil price fluctuations. oil consuming economic sectors of Japan using quarterly data from Q1 1990 to Q1 power with generation from imported natural gas, low-sulfur crude oil, fuel oil, 

4 Mar 2020 The latest price of home heating oil nationwide is $2.82. Here's a look at the series since its inception in 1990. The next chart shows a  1980s and 1990s, which witnessed many occasions of sharp oil price falls and despite substitution and energy conservation, but the elasticity is still quite low.

30 Nov 1998 The news sent oil prices tumbling to their lowest level in more than 12 years Monday with the January light sweet crude oil futures contract 

9 Oil Stocks to Buy When Oil Prices Are Low These oil stocks offer compelling value for patient investors. By Wayne Duggan, Even in a weak oil price environment, Leggate says Devon’s Over the last two and a half years, the oil industry has experienced its deepest downturn since at least the 1990s. If history is any guide, after every oil bust comes a recovery, if not a boom. This statistic depicts the OPEC oil price development between 1960 and 2019. In 2018, the OPEC oil price per barrel was 69.78 U.S. dollars. The abbreviation OPEC stands for Organization of the WTI Crude Oil Prices - 10 Year Daily Chart. Interactive chart showing the daily closing price for West Texas Intermediate (NYMEX) Crude Oil over the last 10 years. The prices shown are in U.S. dollars. The current price of WTI crude oil as of March 13, 2020 is $31.73 per barrel. The news sent oil prices tumbling to their lowest level in more than 12 years Monday with the January light sweet crude oil futures contract sliding to $11.15 Monday afternoon, down 71 cents.

Crude Oil Prices - 70 Year Historical Chart. 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.

In recent weeks oil prices have fallen to their lowest levels in more than a decade. OPEC members have agreed to cut production by 1.355 million barrels per day (215,400 m 3 /d), effective July 1, 1998, bringing the group's total reductions since March 1998 to 2.6 million barrels per day (410,000 m 3 /d).

This statistic depicts the OPEC oil price development between 1960 and 2019. In 2018, the OPEC oil price per barrel was 69.78 U.S. dollars. The abbreviation OPEC stands for Organization of the WTI Crude Oil Prices - 10 Year Daily Chart. Interactive chart showing the daily closing price for West Texas Intermediate (NYMEX) Crude Oil over the last 10 years. The prices shown are in U.S. dollars. The current price of WTI crude oil as of March 13, 2020 is $31.73 per barrel. The news sent oil prices tumbling to their lowest level in more than 12 years Monday with the January light sweet crude oil futures contract sliding to $11.15 Monday afternoon, down 71 cents.