You can look up historical inflation-adjusted prices of oil in USD on this handy chart: Crude Oil Prices ... of oil are now a thin slice of annual consumption. As the cheap oil is depleted ...

This WTI crude oil price chart shows what really affects oil prices, and it isn't as obvious as you think. Many observers make the mistake of assuming the price of oil is determined by simple ...

In fact, Norway and the UK appear to be skipping annual maintenance this summer ... I believe the stalemate will be broken in October. The oil price chart is forming a “head and shoulders ...

One of the top reasons why the WTI crude oil price will continue falling is that it has formed a descending triangle pattern on the monthly chart. This triangle is made up of a horizontal line at ...

HOUSTON (Reuters) -Oil prices fell around 3% in 2024, slipping for a second straight year, as the post-pandemic demand recovery stalled, China's economy struggled, and the U.S. and other non-OPEC ...

NEW YORK (Reuters) -Oil prices swung wildly in 2022 ... but closed the year on Friday with a second straight annual gain. Prices surged in March as Russia's invasion of Ukraine upended global ...

Also notice the significant declines in conventional oil production in Alaska (from more than 2 million barrels per day in 1988 to below 500,000 bpd by 2014) and California (from more than 1 ...

Balance sheets at the world's producers - including OPEC's biggest producer Saudi Arabia - would in theory take the biggest hit from lower oil prices. Chart shows Saudi Arabia, Russia, Iraq and ...