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. The current price of WTI crude oil as of November 05, 2024 is $72.29 per barrel.

Crude Oil Prices - Historical Annual Data
Year Average
Closing Price
Year Open Year High Year Low Year Close Annual
% Change
2024 $76.97 $71.65 $87.01 $66.37 $72.29 1.35%
2023 $77.64 $80.26 $93.84 $66.74 $71.33 -11.40%
2022 $94.53 $76.08 $123.70 $71.59 $80.51 7.05%
2021 $68.17 $47.62 $84.65 $47.62 $75.21 55.01%
2020 $39.68 $61.17 $63.27 $11.26 $48.52 -20.64%
2019 $56.99 $46.31 $66.24 $46.31 $61.14 35.42%
2018 $65.23 $60.37 $77.41 $44.48 $45.15 -25.32%
2017 $50.80 $52.36 $60.46 $42.48 $60.46 12.48%
2016 $43.29 $36.81 $54.01 $26.19 $53.75 44.76%
2015 $48.66 $52.72 $61.36 $34.55 $37.13 -30.53%
2014 $93.17 $95.14 $107.95 $53.45 $53.45 -45.55%
2013 $97.98 $93.14 $110.62 $86.65 $98.17 6.90%
2012 $94.05 $102.96 $109.39 $77.72 $91.83 -7.08%
2011 $94.88 $91.59 $113.39 $75.40 $98.83 8.15%
2010 $79.48 $81.52 $91.48 $64.78 $91.38 15.10%
2009 $61.95 $46.17 $81.03 $34.03 $79.39 78.00%
2008 $99.67 $99.64 $145.31 $30.28 $44.60 -53.52%
2007 $72.34 $60.77 $99.16 $50.51 $95.95 57.68%
2006 $66.05 $63.11 $77.05 $55.90 $60.85 -0.34%
2005 $56.64 $42.16 $69.91 $42.16 $61.06 40.82%
2004 $41.51 $33.71 $56.37 $32.49 $43.36 33.37%
2003 $31.08 $31.97 $37.96 $25.25 $32.51 4.17%
2002 $26.19 $21.13 $32.68 $18.02 $31.21 56.36%
2001 $25.98 $27.29 $32.21 $17.50 $19.96 -25.30%
2000 $30.38 $25.56 $37.22 $23.91 $26.72 3.73%
1999 $19.35 $12.42 $28.03 $11.38 $25.76 112.19%
1998 $14.42 $17.41 $17.93 $10.82 $12.14 -31.22%
1997 $20.61 $25.55 $26.55 $17.60 $17.65 -31.85%
1996 $22.12 $19.83 $26.55 $17.33 $25.90 32.55%
1995 $18.43 $17.45 $20.53 $16.86 $19.54 9.96%
1994 $17.20 $14.52 $20.72 $13.89 $17.77 25.23%
1993 $18.43 $19.03 $21.05 $13.98 $14.19 -27.19%
1992 $20.58 $19.43 $23.03 $17.89 $19.49 1.78%
1991 $21.54 $26.53 $32.25 $17.43 $19.15 -32.76%
1990 $24.53 $22.88 $41.07 $15.43 $28.48 30.40%
1989 $19.64 $17.38 $24.62 $16.99 $21.84 27.57%
1988 $15.97 $17.77 $18.54 $12.58 $17.12 2.27%
1987 $19.20 $18.13 $22.44 $15.12 $16.74 -6.64%