Crude Oil Prices
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Crude Oil Prices Per Barrel
Crude Oil Price History
Current Crude Oil Prices
Crude Oil Prices January
Crude Oil Price North Dakota
Crude Oil Refining
Crude Oil Production
Crude Oil Spills

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Crude oil prices mainly for the USA. Details on crude oil prices per barrel, the crude oil price history and what events caused the price rises, the current crude oil prices, how crude oil is refined and more.


Crude Oil Prices
CrudeOilPrice.com

Current Crude Oil Price by Oil-Price.net

References to the price of petroleum are usually references to the spot price of either WTI/Light Crude as traded on the New York Mercantile Exchange (NYMEX) for delivery in Cushing, Oklahoma or the price of Brent as traded on the Intercontinental Exchange (ICE) for delivery at Sullom Voe.

Wti crude oil price (Click to enlarge)
2008 WTI Crude Oil $/barrel

West Texas Intermediate (WTI), also known as Texas Light Sweet, is a type of crude oil used as a benchmark in crude oil prices and the underlying commodity of New York Mercantile Exchange's oil futures contracts. This oil type is often referenced in North American news reports about oil prices, alongside North Sea Brent Crude.

Brent Crude is one of the major classifications of oil consisting of Brent Crude, Brent Sweet Light Crude, Oseberg and Forties. Brent Crude is sourced from the North Sea. The Brent Crude oil marker is also known as Brent Blend, London Brent and Brent petroleum.

Crude oil price 1970 to 2008 (Click to enlarge)
Crude Oil Prices 1970-2008
Not Inflation Adjusted



Crude Oil Price Pages

Prices Per Barrel - Crude oil prices per barrel measure the spot price of various barrels of oil, most commonly either the West Texas Intermediate (WTI) or the Brent Blend. The OPEC basket price and NYMEX futures price are also sometimes quoted.

Crude Oil Price HistoryPrice History - Crude Oil Price History shows that world crude oil prices behave much like any other commodity with wide price swings in times of shortage or oversupply.

Current Prices - Current crude oil prices are usually references to the spot price of either WTI/Light Crude as traded on NYMEX for delivery in Cushing, Oklahoma or the price of Brent as traded on the ICE for delivery at Sullom Voe.

Prices in January - Crude oil prices January 2009 and historical January prices can be found on New York Mercantile Exchange, Inc. (NYMEX) and US Energy Information Administration (EIA) websites.

Crude Oil Price North DakotaNorth Dakota Prices - North Dakota is a substantial crude oil-producing State with an output typically equal to roughly 2 percent of total annual U.S. production. Crude Oil Price North Dakota can be found here.


Other Crude Oil Pages

Crude Oil RefiningOil Refining - Crude Oil Refining (Petroleum refining) is the process of separating the many compounds present in crude oil which then are selectively changed into new products.

Crude Oil ProductionOil Production - While the global demand for crude oil production continues to rise, supplies remain relatively constrained. Oil companies explore the world searching for new sources of oil.

Crude Oil SpillsOil Spills - Crude Oil Spills into rivers, bays, oceans are caused by accidents involving tankers, barges, pipelines, refineries, storage facilities, usually while the oil is being transported.



The most relevant links we could find, placed here free

Crude Oil Price Definition - Article which explains how crude oil price are defined. useconomy.about.com

Energy Information Administration (EIA) - Official Energy Statistics from the U.S. www.eia.doe.gov

WTI/Brent Crude Oil Prices - Market Data by Platts | BBC News. newsvote.bbc.co.uk

OPEC Basket Price - Organization of the Petroleum Exporting Countries (OPEC) coordinates oil production policies in order to help stabilise the oil market and to help oil producers achieve a reasonable rate of return on their investments. Their meetings are watched closely to determine if they will be an increase or decrease in oil production. www.opec.org

NYMEX - New York Mercantile Exchange, Inc. (NYMEX) is the world's largest physical commodity futures exchange and the preeminent trading forum for energy and precious metals. www.nymex.com

IntercontinentalExchange (ICE) - operates global commodity and financial products marketplaces, including the world's leading electronic energy markets and soft commodity exchange. www.theice.com


Current crude oil prices are usually references to the spot price of either WTI/Light Crude as traded on NYMEX for delivery in Cushing, Oklahoma or the price of Brent as traded on the ICE for delivery at Sullom Voe.

The Spot price of Crude Oil is the current price at which Crude Oil can be bought or sold. It is the wholesale price that is quoted if you were a refiner wanting to buy Crude Oil today. Crude oil prices are quoted per barrel. One barrel of crude oil contains 42 gallons of oil

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