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 …

Dec 12, 2023 · This Chart presents Monthly Average Crude Oil Prices and Inflation-Adjusted Oil Prices (adjusted to January 2023 prices). For more information, see Annual Average Oil Prices in Table Form.

Dec 12, 2023 · Oil Prices 1946-Present. The first table shows the Annual Average Crude Oil Price from 1946 to the present. Prices are adjusted for Inflation to December 2022 prices using the Consumer Price Index (CPI-U) as presented by the Bureau of Labor Statistics.

3 days ago · All else equal, this would increase gasoline prices, which in most of the country have averaged $3 per gallon for the past year amid historically low levels of petroleum inventories (see chart).

Aug 29, 2023 · So right now, $1 back in 2005 is worth $1.57 in 2023. You need 57% more money to buy you the same stuff in 2023 than you did in 2005. That sobering, but let’s look at a chart of oil: The oil...

Apr 13, 2022 · Oil Prices by Year: Average, High, Low, and Events . The following chart shows the nominal value for imported crude oil according to the U.S. Energy Information Administration. The first column shows the average annual price. It's followed by the monthly high and low oil prices for that year.

Aug 9, 2024 · "Annual average domestic first purchase prices for crude oil in the United States from 1859 to 2022 (in nominal U.S. dollars per barrel)." Chart. January 6, 2022.

Jan 10, 2025 · Oil prices rose to three-month highs on Friday on perceptions of tighter U.S. sanctions on Russia impacting Moscow's ability to maintain its crude exports to Asia, among other factors.

Jun 20, 2024 · Global crude oil prices, measured in US dollars per cubic meter. This data is not adjusted for inflation.

A chart showing the start price, end price, highs and lows of WTI oil prices for each year of the decade. By mid-January 2022, Reuters raised concerns that an increase in the price of oil to $100—which seemed to be imminent—would worsen the inflationary environment that was already breaking 30-year-old records. [ 122 ]