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What are oil prices today?

What are oil prices today?

WTI Crude 121.8 -0.27%
Brent Crude 123.3 -0.19%
Natural Gas 8.227 -5.43%
Heating Oil 4.313 -0.03%
Gasoline •1 day 4.221 -0.01%

What are commodity prices doing today?

Commodity Prices

Energy Price +/-
Coal 323.00 -16.00
RBOB Gasoline 4.06 0.03
Oil (Brent) 115.83 -7.01
Oil (WTI) 114.79 -0.49

What is the price per barrel of oil?

Average annual Brent crude oil price from 1976 to 2022 (in U.S. dollars per barrel)

Characteristic Average crude oil price in U.S. dollars per barrel
2019 64.3
2018 71.34
2017 54.25
2016 43.67

Are oil prices expected to drop more?

Brent crude: Oil prices tumble below $100 and analysts predict it may fall even more | Fortune.

What is the highest oil price ever?

The highest recorded price per barrel maximum of $147.02 was reached on July 11, 2008. After falling below $100 in the late summer of 2008, prices rose again in late September.

Who controls the price of oil today?

The price of oil fluctuates according to three main factors: current supply, future supply, and expected global demand. Members of OPEC control 40% of the world’s oil.

Is crude oil going up or down?

Brent crude futures fell $1.21, or 1.1%, to $105.93 a barrel at 0205 GMT, while U.S. West Texas Intermediate (WTI) crude futures fell 99 cents, or 1%, to $103.70 a barrel.

Why did oil prices drop today?

Oil edged lower on Friday as China’s COVID-19 lockdowns weighed on the outlook for crude demand, although supply disruption fears as Western sanctions curb crude and products exports from Russia underpinned prices.

What is the lowest oil price ever?

On 20 April 2020, WTI Crude futures contracts dropped below $0 for the first time in history, and the following day Brent Crude fell below $20 per barrel.

What is the highest price of oil in history?

Historically, Crude oil reached an all time high of 147.27 in July of 2008. Crude oil – data, forecasts, historical chart – was last updated on June of 2022.

Will oil prices go up in 2022?

Oil, gasoline prices to pare gains but remain high through 2022, 2023: EIA.

What will gas prices be in 2025?

Natural gas price forecast 2022-2030 The price is expected to drop in 2023 to $4.5 before rising to $4.75 in 2024 and $4.85 in 2025.