Oil Prices Chart 20 Years at Chart

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Oil Prices Chart 20 Years. By 2030, world demand is seen driving brent prices to $89/b. Use these filters to interact with the following chart.

155 Years Of Oil Prices - In One Chart | World Economic Forum
155 Years Of Oil Prices - In One Chart | World Economic Forum from www.weforum.org

A chart of average price of oil yearly reveals an increase in the price of crude oil in the last 20 years, but a decline of 35 percent between 2019 and 2020. It is not enough simply to consider the marginal cost of extraction, developments in these “social costs” of production are also likely to have an important bearing on oil. In 1980, globally averaged prices spiked to us$107.27.

155 Years Of Oil Prices - In One Chart | World Economic Forum

Please note that all data is spot wti, cushing, oklahoma, at daily new york close: Interactive chart showing the daily closing price for west texas intermediate (nymex) crude oil over the last 10 years. Structural drivers of global oil price. Use these filters to interact with the following chart.