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 Crude Oil Prices - 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.
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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.
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Crude Oil Price History
The crude oil cycle may extend over several years responding to changes in demand as well
as OPEC and non-OPEC supply.
Oil has broken through the landmark $100 a barrel, driven by a
slumping dollar, geopolitical instability and worries over a winter
fuel supply crunch.
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Crude Oil Prices 1946 - 2007
Inflation Adjusted
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OPEC has seldom been effective at controlling prices. While often
referred to as a cartel, OPEC does not satisfy the definition. One of
the primary requirements is a mechanism to enforce member quotas.
Throughout crude oil price history, The
old joke went something like this. What is the difference between OPEC and the Texas Railroad Commission? OPEC doesn't have any Texas
Rangers!
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GOOGLE SUCKS
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Why? Because they blocked this site without proper reason and after about one year of negotiation still have not given a proper reason nor proper instructions of how to fix any problems
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The most relevant links we could find, placed here free
 Oil Price History and Analysis by WTRG Economics
- History and Analysis -Crude Oil Prices. www.wtrg.com
Price of petroleum
- Article about the price of crude oil. en.wikipedia.org
Oil Market Basics
- provides an overview of oil markets and how they function. www.eia.doe.gov
Crude Oil Price History
- by CTV.ca. www.ctv.ca
History of Crude Oil Prices
- Crude oil price per barrel between 1861 and 2005 by Forbes.com Inc. www.forbes.com
The BP Statistical Review of World Energy
- Tells the story of the world's current and historical energy trends. Data up to the present year. www.bp.com
The Crude Facts About the Price of Oil
- A Graziadio Business Report. gbr.pepperdine.edu
Oil price increases since 2003
- Article about crude oil price increases from 2003 to present. en.wikipedia.org
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Crude Oil Prices 1970-2008
Not Inflation Adjusted
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Crude Oil Price History
Since the mid 1980s the inflation adjusted price of a barrel of crude
oil on NYMEX had been generally under $25/barrel and was still at this
level in September 2003. A series of events led the price to reach
over $60 by August 11, 2005, surpass $75 in the summer of 2006, fall
below $60/barrel by the early part of 2007, then rise steeply,
reaching $92/barrel by October 2007 and $99.29/barrel for December.
Crude Oil Price History
On January 3, 2008 oil again hit an intraday high of almost $100 due
to a higher-than-expected decline in crude oil supplies.
The spot price for crude oil briefly hit $100 per barrel on January
2nd, settling at a record nominal price of $99.64 per barrel.
Crude Oil Price History
During the week of February 24-29, oil consecutively closed above 100
dollars a barrel.
Oil broke through the $110/barrel mark to a record $110.20 on March
12, 2008 before closing the day at $109.92.
The price increased to $115.07/barrel on April 16, 2008 due to the
increasing weakness of the US dollar, and increased again to $117
per barrel on April 18, 2008 after a militant group in Nigeria said it
had attacked an oil pipeline.
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Site written by Nigel Romany