Average cost of a barrel of crude oil

Prices are based on historical free market (stripper) oil prices of Illinois Crude as presented by Illinois Oil and Gas Association and Plains All American Oil. Typically Illinois Crude is a couple of dollars cheaper per barrel than West Texas Intermediate (WTI) because it requires a bit more refining.

Crude Oil Prices Today - Live Chart. Live interactive chart of West Texas Intermediate (WTI or NYMEX) crude oil prices per barrel. The current price of WTI crude oil as of March 13, 2020 is 31.73 per barrel. Divide the day's crude oil price by 42. One barrel of crude contains 42 gallons. This will tell you the dollar amount per gallon of refined gasoline attributed to crude. For example, if crude oil is $100 per barrel, then about $2.38 of the price of a gallon of gas comes from the crude price. Prices are based on historical free market (stripper) oil prices of Illinois Crude as presented by Illinois Oil and Gas Association and Plains All American Oil. Typically Illinois Crude is a couple of dollars cheaper per barrel than West Texas Intermediate (WTI) because it requires a bit more refining. CL.1 | A complete Crude Oil WTI (NYM $/bbl) Front Month futures overview by MarketWatch. View the futures and commodity market news, futures pricing and futures trading. The profit of any oil company depends on the costs it needs to produce one barrel of oil. I have compared those costs for the world's four most important IOCs.

Cost of Producing a Barrel of Crude Oil by Country Crude Oil, Energy; Export. Bookmark Follow. Especially, it concerns countries which experience high operating costs of oil production, namely United Kingdom, Brazil, Canada, Australia. In these countries oil price slump will affect production earlier and more intensely than in other locations.

In December 2005 the global demand for crude oil was 83.3 million barrels per day according to the International Energy Agency (IEA) and this will continue to rise further. One of the most notable times for the Average Crude Oil Spot Price was in 2008. Prices for the Average Crude reached as high as $114/barrel because of large cuts in production. However, because of the financial crisis and an abrupt loss of demand for oil globally, the price of Average Crude fell as much at 70% off highs in January of 2009. Get the latest Crude Oil price (CL:NMX) as well as the latest futures prices and other commodity market news at Nasdaq. Looking for additional market data? Visit old.nasdaq.com. Cost of Producing a Barrel of Crude Oil by Country Crude Oil, Energy; Export. Bookmark Follow. Especially, it concerns countries which experience high operating costs of oil production, namely United Kingdom, Brazil, Canada, Australia. In these countries oil price slump will affect production earlier and more intensely than in other locations. When crude-oil prices were more than $100 a barrel just two years ago, the ensuing profits were huge, filling government coffers and swelling company earnings. Now prices barely cover the average cost to get the oil out of the ground in places like the U.K.

18 Feb 2013 At today's prices, if you were to buy one barrel of crude oil it would cost The average car in the UK has a 65 litre fuel tank, which to fill up at 

Current West Texas Intermediate Crude Oil (WTI) Prices. Jump to: Toggle; Archives. Close Date, Price per 42-gallon Barrel, Published Consecutive Days Toward In the example below, the crude cost is $1.39 per gallon ($58.26 per barrel). eia. gov-image. Refining Cost. Refining is the process that turns crude oil into gasoline  Oil prices have fallen below $30 a barrel - just how far can they sink, and who is suffering the most? The price of Brent crude fell to $27.67 a barrel at one point, its lowest since 2003, while US crude fell as What does all this mean to me? Description Crude Oil Prices from 1861. $US per barrel. 1861-1944:US average. 1945-1983:Arabian Light posted ar Ras Tanura. 1984-2010:Brent Dated. Russia's Average World Price: Crude Oil: Urals: per 1 Barrel data was reported at 91.200 USD/Barrel in Mar 2019. This records an increase from the previous 

Get the latest Crude Oil price (CL:NMX) as well as the latest futures prices and other commodity market news at Nasdaq. Looking for additional market data? Visit old.nasdaq.com.

14 May 2018 There is a risk that oil prices could hit $100 per barrel next year for the first in the US, more than $1 per gallon above current average prices. 9 Mar 2020 Kiplinger's latest forecast on the direction of crude oil, natural gas and motor fuel prices. Crude prices, which had already tumbled from $63 per barrel in early The national average could be flirting with $2 per gallon soon.

14 May 2018 There is a risk that oil prices could hit $100 per barrel next year for the first in the US, more than $1 per gallon above current average prices.

In December 2005 the global demand for crude oil was 83.3 million barrels per day according to the International Energy Agency (IEA) and this will continue to rise further. One of the most notable times for the Average Crude Oil Spot Price was in 2008. Prices for the Average Crude reached as high as $114/barrel because of large cuts in production. However, because of the financial crisis and an abrupt loss of demand for oil globally, the price of Average Crude fell as much at 70% off highs in January of 2009. Get the latest Crude Oil price (CL:NMX) as well as the latest futures prices and other commodity market news at Nasdaq. Looking for additional market data? Visit old.nasdaq.com. Cost of Producing a Barrel of Crude Oil by Country Crude Oil, Energy; Export. Bookmark Follow. Especially, it concerns countries which experience high operating costs of oil production, namely United Kingdom, Brazil, Canada, Australia. In these countries oil price slump will affect production earlier and more intensely than in other locations. When crude-oil prices were more than $100 a barrel just two years ago, the ensuing profits were huge, filling government coffers and swelling company earnings. Now prices barely cover the average cost to get the oil out of the ground in places like the U.K. Crude Oil Prices - 70 Year Historical Chart Interactive charts of West Texas Intermediate (WTI or NYMEX) crude oil prices per barrel back to 1946. The price of oil shown is adjusted for inflation using the headline CPI and is shown by default on a logarithmic scale. Prices are based on historical free market (stripper) oil prices of Illinois Crude as presented by Illinois Oil and Gas Association and Plains All American Oil. Typically Illinois Crude is a couple of dollars cheaper per barrel than West Texas Intermediate (WTI) because it requires a bit more refining.

16 Sep 2019 Brent crude was trading at $66.52 per barrel on oil futures markets, a 10 The Dow Jones industrial average was off more than 165 points at