Price of oil per barrel chart 2022

Commodity Prices

The following graphs present commodity future prices over the periods of the last week, last three months and last year. All changes are measured in US Dollars and reflect daily closing prices for the forward month futures.


Current Price

Light Crude Oil

Brent Crude Oil

Natural Gas

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Commodity News


Gasoline Prices May Take Another Hit

Price of oil per barrel chart 2022

Monday, October 03, 2022Rigzone's regular energy prognosticators take a look at weather systems in the Atlantic, gasoline prices, natural gas trends and more.










Notes: Weekly, monthly, and annual prices are calculated by EIA from daily data by taking an unweighted average of the daily closing spot prices for a given product over the specified time period.  See Definitions, Sources, and Notes link above for more information on this table.

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The price of oil is the most important value on the international commodity markets. Crude oil is the most important commodity and emerging industrial markets such as China, India and Latin America greatly influence the price of oil, since they require more and more oil to support their economic growth and resulting rise in energy consumption. The supply of crude oil is limited, however, and cannot be increased further, since it has become increasingly difficult to find and develop new oil reserves in recent years. As a result, the price of oil has a strong influence on international economic development, since it is urgently needed in all industrialised countries when supplies are limited. (read more)

  1. Raw materials
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Brent price on September29th 2022

The oil price for Brent crude oils in September was $89.79 per barrel while the price was $100.45 per barrel in August of 2022. Over last twelve months the price has raisen 20.54%.

Brent crude is extracted from the North Sea and is also known as London Brent, North Sea Oil, Brent Blend and Brent petroleum. It is a light crude oil, slightly heavier than WTI, and sweet because of its low sulphur content and it is ideal for the refining of diesel fuel, gasoline.

Brent oil makes up more than half of the world's globally traded supply of crude oil. Brent blend crude serves as benchmark price for purchases of oil worldwide. It is traded electronically via the ICE futures exchange.

Related data:

  • OPEC basket price
  • Price of West Texas Intermediate
  • Price Raw Materials

LastCh.%Ann. ch.%YTD%Date
89.41 -0.16% 14.83% 15.76% 09/29/2022

Europe Brent Spot Price FOB: Daily

DatePrice $
2022-09-29 $89.41
2022-09-28 $89.55
2022-09-27 $85.97
2022-09-26 $82.55
2022-09-23 $84.29
2022-09-22 $90.40
2022-09-21 $89.86
2022-09-20 $89.62
2022-09-19 $89.43
2022-09-16 $89.43
2022-09-15 $89.28
2022-09-14 $92.83
2022-09-13 $92.04
2022-09-12 $93.45
2022-09-09 $91.68
2022-09-08 $87.99
2022-09-07 $86.83
2022-09-06 $91.43
2022-09-05 $94.22
2022-09-02 $93.09
2022-09-01 $92.24
2022-08-31 $96.55
2022-08-30 $99.34
< 2022-08

Europe Brent Spot Price FOB 2022

Europe Brent Spot Price FOB evolution 2022


What was the price of a barrel of oil in 2022?

Weekly oil prices in Brent, OPEC basket, and WTI futures 2020-2022. On September 26, 2022, the Brent crude oil price stood at 84.06 U.S. dollars per barrel, compared to 76.71 U.S. dollars for WTI oil and 89.5 for the OPEC basket.

How much is oil per barrel today?

Live interactive chart of West Texas Intermediate (WTI or NYMEX) crude oil prices per barrel. The current price of WTI crude oil as of October 03, 2022 is 82.86 per barrel.

What is the highest price of oil in history?

In 1980, globally averaged prices "spiked" to US$107.27, and reached its all-time peak of US$147 in July 2008.

What year was the highest price for a barrel of oil?

WTI oil prices totaled 25.9 U.S. dollars per barrel in 2001 and rose to a peak of 93.25 U.S. dollars per barrel in 2014, before decreasing to 39.16 U.S. dollars per barrel in 2020.