Crude Oil rose to 62.26 USD/Bbl on October 24, 2025, up 0.76% from the previous day. Over the past month, Crude Oil's price has fallen 4.19%, and is down 13.27% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Crude Oil - values, historical data, forecasts and news - updated on October of 2025.

Brent fell to 65.87 USD/Bbl on October 24, 2025, down 0.18% from the previous day. Over the past month, Brent's price has fallen 3.95%, and is down 13.39% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Brent crude oil - values, historical data, forecasts and news - updated on October of 2025.

WTI Crude Oil Prices - Historical chart and current data through 2025.

The article explores the fluctuations and events that have shaped the global economy within the crude oil price graph over the past 10 years. It examines the impact of geopolitical tensions, production changes, demand fluctuations, and the unprecedented effects of the COVID-19 pandemic. The article highlights the volatility and sensitivity of crude oil to various factors and their influence on the global economy.

Understanding the historical trends of crude oil prices over the past 10 years and the factors that influence them, including geopolitical, economic, and environmental factors. Exploring periods of volatility and stability, and the challenges of predicting future oil price movements.

Heating Oil fell to 2.40 USD/Gal on October 24, 2025, down 0.29% from the previous day. Over the past month, Heating Oil's price has fallen 0.82%, but it is still 7.13% higher 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 October of 2025.

The 2025 preliminary average annual price of West Texas Intermediate crude oil reached 67.83 U.S. dollars per barrel as of August. This would be nine 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 fell to 4,420 MYR/T on October 24, 2025, down 1.12% from the previous day. Over the past month, Palm Oil's price has fallen 0.45%, and is down 2.49% 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 October of 2025.

Urals Oil rose to 59.34 USD/Bbl on October 23, 2025, up 6.00% from the previous day. Over the past month, Urals Oil's price has fallen 6.33%, and is down 12.19% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Urals Crude.

A crude oil price chart for the past 10 days demonstrates the fluctuating nature of crude oil prices and highlights the various factors that influence its volatility, including global demand and supply, geopolitical events, and economic indicators. This article provides a detailed analysis of the price movements over the 10-day period, showcasing how tensions in the Middle East, growing demand, concerns over economic growth, unexpected inventory increases, and the impact of the COVID-19 pandemic have all co

This article provides an overview of the key trends and events that shaped the crude oil chart over the past decade, including significant price fluctuations and geopolitical factors. From the global financial crisis to the COVID-19 pandemic, the article examines how supply and demand dynamics, as well as various events, have influenced crude oil prices.

An overview of the crude oil price trends over the past 10 years, including factors such as geopolitical tensions, supply and demand dynamics, economic growth, and market speculation. Includes insights into the historic collapse in oil prices caused by the COVID-19 pandemic.

Crude oil prices over the past 10 years have experienced significant volatility, driven by various factors such as geopolitical events and global economic conditions. This article provides an overview of the price trends and key factors influencing crude oil prices from 2010 to 2020, highlighting events such as the Middle East unrest, shale oil production, and the impact of the COVID-19 pandemic.

The article discusses the volatility and fluctuations in crude oil prices over the last 10 years, highlighting the impact of global economic and political factors. It provides an overview of the price trends, factors affecting the decline in prices, and the subsequent recovery. The article also examines the influence of geopolitical developments and the COVID-19 pandemic on crude oil prices.

Graph and download economic data for Oil Prices in the United Kingdom (OLPRUKA) from 1861 to 2016 about academic data, oil, United Kingdom, and price.

Graph and download economic data for Global price of Olive Oil (POLVOILUSDM) from Jan 1990 to Jun 2025 about oil, World, food, and price.

The Western Canadian Select (WCS) oil price has experienced significant fluctuations over the past two decades, reflecting the volatile nature of global oil markets. In 2024, the annual average WCS oil price reached ***** U.S. dollars per barrel, a slight increase from the previous year. This price movement is part of a broader trend in the oil industry, where prices have been influenced by various economic and geopolitical factors. What impacts oil prices? Oil prices have been on a rollercoaster ride since the early 2000s, with dramatic fluctuations observed in OPEC Reference Basket oils. For instance, the Saharan Blend from Algeria saw its price rise from about ** U.S. dollars per barrel in 2002 to over *** U.S. dollars a decade later, before settling at ***** U.S. dollars in 2023. These price swings have been driven by major events such as the 2008 global financial crisis, the 2020 coronavirus pandemic, and the 2022 energy supply crisis following the Russia-Ukraine war. The volatility in oil prices has had far-reaching impacts on global economies and energy markets as they impact manufacturers and consumers. How regionally important crudes can influence the global economy While WCS prices reflect trends in the North American market, other regional benchmarks provide insights into global oil dynamics. For example, Dubai Crude (Fateh), an important benchmark for Asia, averaged ***** U.S. dollars per barrel in 2023, down from ***** U.S. dollars the previous year. Similarly, Russia's Urals crude oil, a major export brand, saw its price fluctuate in response to global events and policy decisions, such as the price cap imposed by the G7, EU, and Australia in December 2022. These regional variations highlight the complex interplay of supply, demand, and geopolitical factors in shaping global oil prices.

Gasoline fell to 1.92 USD/Gal on October 24, 2025, down 0.51% from the previous day. Over the past month, Gasoline's price has fallen 4.26%, and is down 7.93% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Gasoline - values, historical data, forecasts and news - updated on October of 2025.

View monthly updates and historical trends for Average Crude Oil Spot Price. Source: World Bank. Track economic data with YCharts analytics.

Graph and download economic data for Global price of Palm Oil (PPOILUSDM) from Jan 1990 to Jun 2025 about oil, World, food, and price.