Crude Oil rose to 62.91 USD/Bbl on August 14, 2025, up 0.41% from the previous day. Over the past month, Crude Oil's price has fallen 5.43%, and is down 18.29% 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 August of 2025.

On August 4, 2025, the Brent crude oil price stood at 66.65 U.S. dollars per barrel, compared to 63.96 U.S. dollars for WTI oil and 68.64 U.S. dollars for the OPEC basket. Oil prices fell that week as economic performance from the U.S. and China, the largest oil consumers, remained low.Europe's Brent crude oil, the U.S. WTI crude oil, and OPEC's basket are three of the most important benchmarks used by traders as reference for oil and gasoline prices. Lowest ever oil prices during coronavirus pandemic In 2020, the coronavirus pandemic resulted in crude oil prices hitting a major slump as oil demand drastically declined following lockdowns and travel restrictions. Initial outlooks and uncertainty surrounding the course of the pandemic brought about a disagreement between two of the largest oil producers, Russia and Saudi Arabia, in early March. Bilateral talks between global oil producers ended in agreement on April 13th, with promises to cut petroleum output and hopes rising that these might help stabilize the oil price in the coming weeks. However, with storage facilities and oil tankers quickly filling up, fears grew over where to store excess oil, leading to benchmark prices seeing record negative prices between April 20 and April 22, 2020. How crude oil prices are determined As with most commodities, crude oil prices are impacted by supply and demand, as well as inventories and market sentiment. However, as oil is most often traded in future contracts (where a contract is agreed upon while product delivery will follow in the next two to three months), market speculation is one of the principal determinants for oil prices. Traders make conclusions on how production output and consumer demand will likely develop over the coming months, leaving room for uncertainty. Spot prices differ from futures in so far as they reflect the current market price of a commodity.

Brent rose to 66.84 USD/Bbl on August 14, 2025, up 1.85% from the previous day. Over the past month, Brent's price has fallen 2.72%, and is down 17.52% 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 August of 2025.

United States - Crude Oil Prices: West Texas Intermediate (WTI) - Cushing, Oklahoma was 68.17000 $ per Barrel in June of 2025, according to the United States Federal Reserve. Historically, United States - Crude Oil Prices: West Texas Intermediate (WTI) - Cushing, Oklahoma reached a record high of 133.88000 in June of 2008 and a record low of 11.35000 in December of 1998. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Crude Oil Prices: West Texas Intermediate (WTI) - Cushing, Oklahoma - last updated from the United States Federal Reserve on August of 2025.

This dataset contains information about daily spot prices for crude oil WTI and Brent from 1986. data from US Energy Information AdministrationNotes:Citation: "Spot Prices For Crude Oil And Petroleum Products". Eia.gov. N.p., 2016. Web. 10 Mar. 2016.

In June 2025, the price for one barrel of West Texas Intermediate (WTI) crude oil averaged 68.17 U.S. dollars. This was an increase compared to the previous month which had seen the lowest figure in the past 24-month period. WTI and other benchmark crudes WTI is also known as "Texas light sweet", and is a grade of crude oil used as a benchmark for oil produced in the United States. It has an API gravity of around 39.6 and specific gravity of about 0.827, which, relative to other crude oils, is considered “light,” hence the name. WTI also contains about 0.24 percent sulfur, making it a “sweet” crude oil. The price of WTI can be compared to the prices other of crude oils, i.e. UK Brent, the OPEC basket, and Dubai Fateh oil. WTI crude oil is the underlying commodity of the Chicago Mercantile Exchange’s oil futures contracts. U.S. oil production and its influence on light oil prices The price development of WTI crude oil relative to Brent crude oil has been influenced by variances in U.S. crude oil transportation and increased U.S. oil production. New transportation infrastructure became operational in early 2013, easing the movement of crude oil in the mid-continent and raising the price of WTI. Since then, U.S. refineries have increased production of crude oil to record levels, also raising the price of WTI. Meanwhile, expedited crude transport in the U.S. put downward pressure on Brent crude oil as domestic crude replaced some imported Brent crude. Between 2014 and 2016, UK Brent prices dropped rapidly, as was the case for all other crude oils.

The US Crude Oil Futures Chart is a graphical representation of the historical price movements and trends of crude oil futures contracts traded on the futures exchange in the United States. It provides valuable insights into market behavior, helps traders formulate strategies, and aids in understanding the broader dynamics of the oil market.

This dataset contains information about world's crude oil prices for 1861-2020. Data from BP. Follow datasource.kapsarc.org for timely data to advance energy economics research.Notes: 1861-1944 US Average 1945-1983 Arabian Light posted at Ras Tanura 1984-2016 Brent dated. $2020 (deflated using the Consumer Price Index for the US

Graph and download economic data for Crude Oil Prices: Brent - Europe (DCOILBRENTEU) from 1987-05-20 to 2025-07-21 about crude, oil, Europe, commodities, and price.

The US Crude Oil Futures Price serves as a benchmark for the price of oil worldwide and is influenced by factors such as supply and demand, geopolitical events, and economic factors. Learn more about how this forward contract is traded on the New York Mercantile Exchange (NYMEX) and how it attracts a wide range of participants.

US oil price futures are contracts that allow participants to speculate on the future price of crude oil. They serve as a vital tool for risk management and investment in the global oil market. The benchmark contract for US oil price futures is WTI crude oil, and trading occurs on regulated exchanges.

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

WTI Crude Oil COT Position Report and Price Trend Analysis. Weekly updates of CFTC COT report data showing large speculators' market sentiment.

Oil shocks exert influence on macroeconomic activity through various channels, many of which imply a symmetric effect. However, the effect can also be asymmetric. In particular, sharp oil price changes "either increases or decreases" may reduce aggregate output temporarily because they delay business investment by raising uncertainty or induce costly sectoral resource reallocation. Consistent with these asymmetric-effect hypotheses, the authors find that a volatility measure constructed using daily crude oil futures prices has a negative and significant effect on future gross domestic product (GDP) growth over the period 1984-2004. Moreover, the effect becomes more significant after oil price changes are also included in the regression to control for the symmetric effect. The evidence here provides economic rationales for Hamilton's (2003) nonlinear oil shock measure: It captures overall effects, both symmetric and asymmetric, of oil price shocks on output.

United States - Crude Oil Prices: West Texas Intermediate (WTI) - Cushing, Oklahoma was 76.63000 $ per Barrel in January of 2024, according to the United States Federal Reserve. Historically, United States - Crude Oil Prices: West Texas Intermediate (WTI) - Cushing, Oklahoma reached a record high of 99.67000 in January of 2008 and a record low of 14.42000 in January of 1998. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Crude Oil Prices: West Texas Intermediate (WTI) - Cushing, Oklahoma - last updated from the United States Federal Reserve on July of 2025.

The US oil futures price, also known as the WTI (West Texas Intermediate) crude oil price, represents the value of oil contracts for future delivery in the United States. It is an essential benchmark for oil traders, investors, and analysts to understand and predict market trends. Discover the factors that influence oil futures pricing and why it is crucial for traders and investors to closely monitor these prices to make informed decisions in the volatile oil market.

The dataset includes monthly WTI crude oil spot and futures prices with the shortest maturity contracts (one-month, two-month, and three-month futures contracts), the US Ending Stocks of Crude Oil and Petroleum Products in thousands of barrels. All the datasets were sourced from US EIA, except for the three-month US treasury bill dataset sourced from the Federal Reserve Economic Data of St. Louis Federal Bank.

United States - Crude Oil Prices: West Texas Intermediate (WTI) - Cushing, Oklahoma was 69.15000 $ per Barrel in July of 2025, according to the United States Federal Reserve. Historically, United States - Crude Oil Prices: West Texas Intermediate (WTI) - Cushing, Oklahoma reached a record high of 142.52000 in July of 2008 and a record low of 3.32000 in April of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Crude Oil Prices: West Texas Intermediate (WTI) - Cushing, Oklahoma - last updated from the United States Federal Reserve on July of 2025.

United States - Crude Oil Prices: Brent - Europe was 65.28000 $ per Barrel in May of 2025, according to the United States Federal Reserve. Historically, United States - Crude Oil Prices: Brent - Europe reached a record high of 143.95000 in July of 2008 and a record low of 9.10000 in December of 1998. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Crude Oil Prices: Brent - Europe - last updated from the United States Federal Reserve on August of 2025.

Heating Oil rose to 2.24 USD/Gal on August 15, 2025, up 0.08% from the previous day. Over the past month, Heating Oil's price has fallen 6.49%, and is down 4.05% compared to the same time last year, 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 August of 2025.