The 2025 preliminary average annual price of West Texas Intermediate crude oil reached 69.76 U.S. dollars per barrel, as of April. This would be seven U.S. dollars below the 2024 average and the lowest annual average since 2021. WTI and other benchmarks WTI is a grade of crude oil also known as “Texas light sweet.” It is measured to have an API gravity of around 39.6 and specific gravity of about 0.83, which is considered “light” relative to other crude oils. This oil also contains roughly 0.24 percent sulfur, and is therefore named “sweet.” Crude oils are some of the most closely observed commodity prices in the world. WTI is the underlying commodity of the Chicago Mercantile Exchange’s oil futures contracts. The price of other crude oils, such as UK Brent crude oil, the OPEC crude oil basket, and Dubai Fateh oil, can be compared to that of WTI crude oil. Since 1976, the price of WTI crude oil has increased notably, rising from just 12.23 U.S. dollars per barrel in 1976 to a peak of 99.06 dollars per barrel in 2008. Geopolitical conflicts and their impact on oil prices The price of oil is controlled in part by limiting oil production. Prior to 1971, the Texas Railroad Commission controlled the price of oil by setting limits on production of U.S. oil. In 1971, the Texas Railroad Commission ceased limiting production, but OPEC, the Organization of Petroleum Exporting Countries with member states Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela among others, continued to do so. In 1972, due to geopolitical conflict, OPEC set an oil embargo and cut oil production, causing prices to quadruple by 1974. Oil prices rose again in 1979 and 1980 due to the Iranian revolution, and doubled between 1978 and 1981 as the Iran-Iraq War prevented oil production. A number of geopolitical conflicts and periods of increased production and consumption have influenced the price of oil since then.

Palm Oil rose to 3,925 MYR/T on June 9, 2025, up 0.20% from the previous day. Over the past month, Palm Oil's price has risen 2.88%, and is up 0.20% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Palm Oil - values, historical data, forecasts and news - updated on June of 2025.

As of April 2025, the average annual price of Brent crude oil stood at 73.89 U.S. dollars per barrel. This is some seven U.S. dollars lower than the 2024 average. Brent is the world's leading price benchmark for Atlantic basin crude oils. Crude oil is one of the most closely observed commodity prices as it influences costs across all stages of the production process and consequently alters the price of consumer goods as well. What determines crude oil benchmarks? In the past decade, crude oil prices have been especially volatile. Their inherent inelasticity regarding short-term changes in demand and supply means that oil prices are erratic by nature. However, since the 2009 financial crisis, many commercial developments have greatly contributed to price volatility; such as economic growth by BRIC countries like China and India, and the advent of hydraulic fracturing and horizontal drilling in the U.S. The outbreak of the coronavirus pandemic and the Russia-Ukraine war are examples of geopolitical events dictating prices. Light crude oils - Brent and WTI Brent Crude is considered a classification of sweet light crude oil and acts as a benchmark price for oil around the world. It is considered a sweet light crude oil due to its low sulfur content and a low density and may be easily refined into gasoline. This oil originates in the North Sea and comprises several different oil blends, including Brent Blend and Ekofisk crude. Often, this crude oil is refined in Northwest Europe. Another sweet light oil often referenced alongside UK Brent is West Texas Intermediate (WTI). WTI oil prices amounted to 76.55 U.S. dollars per barrel in 2024.

Heating Oil rose to 2.13 USD/Gal on June 6, 2025, up 1.84% from the previous day. Over the past month, Heating Oil's price has risen 7.87%, but it is still 9.65% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Heating oil - values, historical data, forecasts and news - updated on June of 2025.

Historical dataset of daily Brent (Europe) crude oil prices over the last ten years. Values shown are daily closing prices.

Graph and download economic data for Spot Crude Oil Price: West Texas Intermediate (WTI) (WTISPLC) from Jan 1946 to May 2025 about WTI, crude, oil, price, and USA.

Exports of Crude Oil - Istmo in Mexico increased to 313 BARRELS/DAY Thousand in February from 288 BARRELS/DAY Thousand in January of 2024. This dataset includes a chart with historical data for Mexico Exports of Crude Oil - Istmo.

In 2024, the price of natural gas in Europe reached 11 constant U.S. dollars per million British thermal units, compared with 2.2 U.S. dollars in the U.S. This was a notable decrease compared to the previous year, which had seen a steep increase in prices due to an energy supply shortage exacerbated by the Russia-Ukraine war. Since 1980, natural gas prices have typically been higher in Europe than in the United States and are expected to remain so for the coming two years. This is due to the U.S. being a significantly larger natural gas producer than Europe. What is natural gas and why is it gaining ground in the energy market? Natural gas is commonly burned in power plants with combustion turbines that generate electricity or used as a heating fuel. Given the fact that the world’s energy demand continues to grow, natural gas was seen by some industry leaders as an acceptable "bridge-fuel" to overcome the use of more emission-intensive energy sources such as coal. Subsequently, natural gas has become the main fuel for electricity generation in the U.S., while the global gas power generation share has reached over 22 percent. How domestic production shapes U.S. natural gas prices The combination of hydraulic fracturing (“fracking”) and horizontal drilling can be regarded as one of the oil and gas industry’s biggest breakthroughs in decades, with the U.S. being the largest beneficiary. This technology has helped the industry release unprecedented quantities of gas from deposits, mainly shale and tar sands that were previously thought either inaccessible or uneconomic. It is forecast that U.S. shale gas production could reach 36 trillion cubic feet in 2050, up from 1.77 trillion cubic feet in 2000.

Exports of Hydrocarbons - Crude Oil in Mexico decreased to 1941.10 USD Million in February from 2025 USD Million in January of 2024. This dataset includes a chart with historical data for Mexico Exports of Hydrocarbons - Crude Oil.

Canola rose to 711.02 CAD/T on June 7, 2025, up 1.72% from the previous day. Over the past month, Canola's price has risen 3.96%, and is up 13.26% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Canola - values, historical data, forecasts and news - updated on June of 2025.

Technology advances, higher oil prices, reduced costs, and environmental needs have aligned to create a ?perfect storm? of growth opportunity for a well-established method for enhancing oil recovery (EOR) in the U.S.: carbon dioxide (CO2) flooding. The U.S. Department of Energy is supporting critical research to help America's oil producers take full advantage of that growth opportunity (see table on p. 3). CO2 flooding is the fastest-growing EOR technique in the U.S. While production volumes and the number of projects for thermal, chemical, and other EOR processes have fallen off sharply since 1980, the number of CO2 projects has more than tripled, to more than 70 projects as of yearend 2004. Meanwhile, CO2 production volumes have jumped twentyfold since the early 1980s (see chart on p. 2). The CO2 share of U.S. crude oil production was estimated at almost 206,000 barrels per day in 2004, according to the Oil & Gas Journal's biennial EOR Survey, published April 12, 2004. That equals about 4% of the Nation's total. With the proper incentives, CO2 EOR output has the potential to double by 2010 and quadruple by 2020, according to an analysis by the National Energy Technology Laboratory (NETL).

Chile CL: Stocks Traded: Total Value: % of GDP data was reported at 13.636 % in 2022. This records an increase from the previous number of 13.274 % for 2021. Chile CL: Stocks Traded: Total Value: % of GDP data is updated yearly, averaging 8.663 % from Dec 1980 (Median) to 2022, with 43 observations. The data reached an all-time high of 26.687 % in 2010 and a record low of 0.508 % in 1984. Chile CL: Stocks Traded: Total Value: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Chile – Table CL.World Bank.WDI: Financial Sector. The value of shares traded is the total number of shares traded, both domestic and foreign, multiplied by their respective matching prices. Figures are single counted (only one side of the transaction is considered). Companies admitted to listing and admitted to trading are included in the data. Data are end of year values.;World Federation of Exchanges database.;Weighted average;Stock market data were previously sourced from Standard & Poor's until they discontinued their 'Global Stock Markets Factbook' and database in April 2013. Time series have been replaced in December 2015 with data from the World Federation of Exchanges and may differ from the previous S&P definitions and methodology.

Interactive chart illustrating the history of Henry Hub natural gas prices. The prices shown are in U.S. dollars.

The purpose of this research program is to understand the potential impact of an oil shale industry on environmental levels of trace contaminants in the region. The program involves a comprehensive study of the sources, release mechanisms, transport, fate, and effects of toxic trace chemicals, principally the trace elements, in an oil shale industry. The overall objective of the program is to evaluate the environmental and health consequences of the release of toxic trace elements by shale and oil production and use. The baseline geochemical survey shows that stable trace elements maps can be constructed for numerous elements and that the trends observed are related to geologic and climatic factors. Shale retorted by above-ground processes tends to be very homogeneous (both in space and in time) in trace element content. Leachate studies show that significant amounts of B, F, and Mo are released from retorted shales and while B and Mo are rapidly flushed out, F is not. On the other hand, As, Se, and most other trace elements are not present in significant quantities. Significant amounts of F and B are also found in leachates of raw shales. Very large concentrations of reduced sulfur species are found in leachates of processed shale. Very high levels of B and Mo are taken up in some plants growing on processed shale with and without soil cover. There is a tendency for some trace elements to associate with specific organic fractions, indicating that organic chelation or complexation may play an important role. Many of the so-called standard methods for analyzing trace elements in oil shale-related materials are inadequate. A sampling manual is being written for the environmental scientist and practicing engineer. A new combination of methods is developed for separating the minerals in oil shale into different density fractions. Microbial investigations have tentatively identified the existence of thiobacilli in oil shale materials such as leachates. (DC)

This table contains 25 series, with data for years 1956 - present (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), Toronto Stock Exchange Statistics (25 items: Standard and Poor's/Toronto Stock Exchange Composite Index; high; Standard and Poor's/Toronto Stock Exchange Composite Index; close; Toronto Stock Exchange; oil and gas; closing quotations; Standard and Poor's/Toronto Stock Exchange Composite Index; low ...).

The location, geology, reservoir and oil properties of the major tar sand deposits of the United States is reviewed. Past and present oil recovery processes are discussed with reference to their water requirements, waste treatment, and environmental impact on the available surface and groundwater resources in the vicinity of the giant tar sand deposits in Utah.

United States - Producer Price Index by Industry: Petroleum Lubricating Oil and Grease Manufacturing: Lubricating Oils (Including Hydraulic Fluids, etc.), Refined Petroleum was 680.69600 Index Dec 1980=100 in April of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Petroleum Lubricating Oil and Grease Manufacturing: Lubricating Oils (Including Hydraulic Fluids, etc.), Refined Petroleum reached a record high of 719.50300 in November of 2022 and a record low of 100.00000 in December of 1980. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Petroleum Lubricating Oil and Grease Manufacturing: Lubricating Oils (Including Hydraulic Fluids, etc.), Refined Petroleum - last updated from the United States Federal Reserve on June of 2025.

Non Oil Exports in Mexico decreased to 52462.61 USD Million in April from 53354.27 USD Million in March of 2025. This dataset provides - Mexico Non Oil Exports- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Oil Exports in Mexico decreased to 1833.10 USD Million in April from 2173.06 USD Million in March of 2025. This dataset provides - Mexico Oil Exports- actual values, historical data, forecast, chart, statistics, economic calendar and news.

United States - Producer Price Index by Industry: Oil and Gas Field Machinery and Equipment Manufacturing: Miscellaneous Receipts was 335.30000 Index Dec 1980=100 in September of 2020, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Oil and Gas Field Machinery and Equipment Manufacturing: Miscellaneous Receipts reached a record high of 337.30000 in January of 2014 and a record low of 100.00000 in December of 1980. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Oil and Gas Field Machinery and Equipment Manufacturing: Miscellaneous Receipts - last updated from the United States Federal Reserve on June of 2025.