Price Of Crude Oil Per Barrel In 2013

The minimum closing price for 2013 was 97 69 per barrel bbl on april 17 and the maximum closing price was 118 90 bbl on february 8 representing a trading range of 21 21 for the year.

Price of crude oil per barrel in 2013. Crude oil prices gas price charts. Brent crude oil averaged 111 67 per barrel slightly above the 2011 average of 111 26. The price of oil is affected by global economic conditions and. The price of oil shown is adjusted for inflation using the headline cpi and is shown by.

Average crude oil prices in 2012 were at historically high levels for the second year in a row. Oil price charts for brent crude wti oil futures. Brent prices which fell from a recent peak of 117 b in early september. West texas intermediate oil averaged 94 05 per.

Historical price volatility is a measure of the magnitude of daily price movements in percentage terms over a specified period of time. The different type of oil are with different density and sulfur content that leads to the oil price difference. The price of oil or the oil price generally refers to the spot price of a barrel of benchmark crude oil a reference price for buyers and sellers of crude oil such as west texas intermediate wti brent crude dubai crude opec reference basket tapis crude bonny light urals oil isthmus and western canadian select wcs. Brent and wti crude prices will continue to fall in the fourth quarter of 2013 and into 2014 the us energy information administration said tuesday.

Crude oil price are commonly measured in usd per barrel. Conversion oil wti price price 1 barrel 158 98 liters oil wti price per 1 liter 0 24 usd 1 barrel 336 pint oil wti price per 1 pint 0 12 usd. Oil prices 1946 present the first table shows the annual average crude oil price from 1946 to the present.