Oil price

oil price

How much does a barrel of oil cost?

Conversion Oil (Brent) Price Price; 1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (Brent) Price Per 1 Ton 331.25 USD 1 Barrel ≈ 158,98 Liters

What will crude oil price be at the end of this quarter?

Crude oil is expected to trade at 52.61 USD/BBL by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 48.21 in 12 months time. Trading Economics members can view, download and compare data from nearly 200 countries,...

What do the oil price charts tell us?

Crude oil prices reflect the market’s volatile and liquid nature, as well as oil being a benchmark for global economic activity. The oil price charts offer live data and comprehensive price action on WTI Crude and Brent Crude patterns. Get information on key pivot points, support and resistance and crude oil news.

How much does 1 liter of oil cost per liter?

Oil (Brent) Price Per 1 Liter 0.27 USD 1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (Brent) Price Per 1 Ton 318.53 USD

Where can I find a crude oil price chart?

Oil Price Charts. Oilprice.com, in cooperation with its partners, offers over 150 crude oil blends and indexes from all around the world, providing users with oil price charts, comparison tools and smart analytical features.

What determines oil prices?

The other key factor in determining oil prices is sentiment. The mere belief that oil demand will increase dramatically at some point in the future can result in a dramatic increase in oil prices in the present, as speculators and hedgers alike snap up oil futures contracts.

What are the average oil prices by year?

Oil Prices by Year: Average, High, Low, and Events Year Average Low High Causes 2012 $101.09 $92.18 $108.54 Iran threatened Straits of Hormuz 2013 $98.12 $90.36 $104.16 2014 $89.63 $57.36 $100.26 The dollar rose 15% 2015 $46.34 $33.16 $58.89 U.S. shale oil increased 47 more rows ...

What causes crude oil prices to rise?

Geopolitical events and severe weather that disrupt the supply of crude oil and petroleum products to market can affect crude oil and petroleum product prices. These events may create uncertainty about future supply or demand, which can lead to higher volatility in prices.

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