What was the cost of oil in 2014?
Average annual Brent crude oil price from 1976 to 2021 (in U.S. dollars per barrel)
| Characteristic | Average crude oil price in U.S. dollars per barrel |
|---|---|
| 2017 | 54.25 |
| 2016 | 43.67 |
| 2015 | 52.32 |
| 2014 | 98.97 |
What was the price of crude oil in 2015?
WTI Crude Oil Prices – 10 Year Daily Chart
| Crude Oil Prices – Historical Annual Data | ||
|---|---|---|
| Year | Average Closing Price | Annual % Change |
| 2016 | $43.29 | 44.76% |
| 2015 | $48.66 | -30.53% |
| 2014 | $93.17 | -45.55% |
What was the price of oil in July 2014?
The oil price for Brent crude oils in July was $106.77 per barrel while the price was $111.8 per barrel in June of 2014. Over last twelve months the price has fallen 1.07%.
What is the rate of crude oil in 2013?
At the same time, crude oil prices averaged at $70.62 per barrel (Indian basket) in the international market. In contrast, petrol had averaged at Rs 69.53 in Delhi and Rs 76.6 per litre in Mumbai in 2013 even as crude oil costs were at $106.49 per barrel on an average.
What was the price of oil in 2013?
The minimum closing price for 2013 was $97.69 per barrel (bbl) on April 17, and the maximum closing price was $118.90/bbl on February 8, representing a trading range of $21.21 for the year.
What was the price of petrol in 2014 in Pakistan?
in Local Currency
| Fuel Price Data Observation Year | 2014 |
|---|---|
| Fuel Price Data Observation Price | 94.5 Local Currency |
| Fuel Price Data Observation Fuel Type | Super Gasoline |
What caused the oil price to fall in 2014?
Crude oil prices fell sharply in the fourth quarter of 2014 as robust global production exceeded demand. After reaching monthly peaks of $112 per barrel (bbl) and $105/bbl in June, crude oil benchmarks Brent and West Texas Intermediate (WTI) fell to $62/bbl and $59/bbl in December, respectively.
What is the average price of gasoline around the world?
The average price of gasoline around the world is 1.17 U.S. Dollars per liter. As a general rule, richer countries have higher prices while poorer countries and the countries that produce and export oil have significantly lower prices. The differences in prices across countries are mainly due to the various taxes and subsidies for gasoline.
How many countries in the world have petroleum prices below 1 USD?
All countries have access to the same petroleum prices of international markets but then decide to impose different taxes. Out of the 167 countries/regions listed, 73 have a price below 1 USD dollar. Sixty-one have between $1.00-$1.50, 30 have between $1.50-$2.00, and three have over $2. Prices are as per the date 15 Feb 2021.
What is the price of oil in the US?
The price of oil shown is adjusted for inflation using the headline CPI and is shown by default on a logarithmic scale. The current month is updated on an hourly basis with today’s latest value. The current price of WTI crude oil as of September 06, 2019 is $56.52 per barrel.