Crude oil decreased to 104.91 USD/BBL in July from 106.07 USD/BBL in June of 2014. Crude oil averaged 39.27 from 1946 until 2014, reaching an all time high of 145.31 in July of 2008 and a record low of 1.17 in February of 1946.
||1946 - 2014
Crude oil is the world's most actively traded commodity, and the NYMEX Division light, sweet crude oil futures contract is the world's most liquid forum for crude oil trading, as well as the world's largest-volume futures contract trading on a physical commodity. Because of its excellent liquidity and price transparency, the contract is used as a principal international pricing benchmark. The contract trades in units of 1,000 barrels, and the delivery point is Cushing, Oklahoma, which is also accessible to the international spot markets via pipelines. This page provides - Crude oil - actual values, historical data, forecast, chart, statistics, economic calendar and news.