Crude oil average price per gallon
The Average Crude Oil Spot Price calculates an equally weighted price of the WTI Crude Oil Price, Brent Crude Oil Price, and Dubai Crude Oil Price. This metric gives a nice overview of the broad crude oil market, rather than looking at one type of crude oil price alone. One of the most notable times for the Average Crude Oil Spot Price was in 2008. 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. And roughly 1 gallon (about 3.8 liters) of crude oil can be made into between .47 and .67 gallons (1.78 and 2.54 liters) of gasoline, depending on the refiner and the quality of the crude oil, among other factors [source: Suermann ]. While the contents and size of a barrel of oil remain constant, Welcome to Oil Crude Price - a site devoted to bringing you the latest crude oil price per barrel including Brent crude oil price and WTI crude oil price. The site provides crude oil prices history charts (Brent crude price history charts and WTI crude price history charts) for the past 30 days, 90 days, 1, 5, 10 and 20 years. 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.
With crude price closer to 1$/gallon today (November 30, 2015), the final price is $2.7, and refinery cost is about $0.7, while distribution cost is $0.41. Taxes in the
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. And roughly 1 gallon (about 3.8 liters) of crude oil can be made into between .47 and .67 gallons (1.78 and 2.54 liters) of gasoline, depending on the refiner and the quality of the crude oil, among other factors [source: Suermann ]. While the contents and size of a barrel of oil remain constant, Welcome to Oil Crude Price - a site devoted to bringing you the latest crude oil price per barrel including Brent crude oil price and WTI crude oil price. The site provides crude oil prices history charts (Brent crude price history charts and WTI crude price history charts) for the past 30 days, 90 days, 1, 5, 10 and 20 years. 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. 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. EIA forecasts that average Brent prices will rise to an average of $55/b in 2021, as declining global oil inventories put upward pressure on prices. Based on the lower crude oil price forecast, EIA expects U.S. retail prices for regular grade gasoline to average $2.14 per gallon (gal) in 2020, down from $2.60/gal in 2019.
Monthly price chart and freely downloadable data for Crude Oil (petroleum). Price in Description: Crude oil, average spot price of Brent, Dubai and West Texas
Crude Oil Price Today - Check Crude Oil Price Live Updates on The Economic Average Price (Rs/1 BBL ):2170.00; Open Interest (Contracts):12972; Open Maps providing prices (in euros) for diesel oil and for the percentage of taxes in the fuel price. 15 Sep 2019 The attacks on Saudi Arabia's oil facilities on Saturday knocked out more average price of regular gasoline was currently $2.57 per gallon, 19 Feb 2020 Oil futures posted their highest settlement in nearly three weeks on On average , the EIA is expected to report a 3.3 million-barrel climb in U.S. crude 3% to $1.6633 a gallon and March heating oil US:HOH20 rose 2.1% to 27 Jan 2020 Prices at the pump are continuing to fall because of crude oil values hitting The average price of a gallon of regular unleaded in the Houston
Note: For current crude oil prices call 1-800-832-5490. CRUDE OIL PRICE BULLETIN The average NYMEX price for the month of February was $50.7493.
18 Sep 2019 Gas Prices Could Rise Up to 25 Cents a Gallon After the Saudi Oil The national average gas price on Wednesday was $2.65 per gallon. 16 Sep 2019 Attacks on Saudi oil could cause U.S. gas prices to rise by 10 to 25 On Monday , the average price for a gallon of gas in the United States was 30 Apr 2019 EIA forecasts an average Brent-WTI price spread of $6.37/bbl for 2019 price spread has been $0.28 per gallon between January 2010 and 3 Jan 2020 Meanwhile, gas prices in California have fallen in recent weeks. As of Friday, the state average for a gallon of regular gasoline is $3.550, down 10 Jun 2019 The average U.S. price for a gallon of regular gas stands at $2.73 Gasoline prices dropped as U.S. crude oil, the main raw ingredient in According to the U.S. Energy Information Administration, the price of crude oil accounts for about 67 percent of the per-gallon gas price. Another 7 percent is based on the price to refine crude. Distribution and marketing account for 11 percent, and the remaining 15 percent comes from taxes. As of March 9, 2020, residential heating oil prices averaged almost $2.76 per gallon, nearly 7 cents per gallon below last week’s price and more than 47 cents per gallon lower than last year’s price at this time.
9 Mar 2020 "The largest element in the price per gallon that Americans pay is the cost of the oil that goes into making that gasoline." Simon Dawson/
27 Jan 2020 Prices at the pump are continuing to fall because of crude oil values hitting The average price of a gallon of regular unleaded in the Houston 9 Feb 2020 (AP) — The average U.S. price of regular-grade gasoline dropped 7 cents per gallon to $2.53 Gas Prices Down 7 Cents Per Gallon to $2.53 in Past 2 Weeks 9, 2020, that gas prices responded to falling crude oil costs.
And roughly 1 gallon (about 3.8 liters) of crude oil can be made into between .47 and .67 gallons (1.78 and 2.54 liters) of gasoline, depending on the refiner and the quality of the crude oil, among other factors [source: Suermann ]. While the contents and size of a barrel of oil remain constant, Welcome to Oil Crude Price - a site devoted to bringing you the latest crude oil price per barrel including Brent crude oil price and WTI crude oil price. The site provides crude oil prices history charts (Brent crude price history charts and WTI crude price history charts) for the past 30 days, 90 days, 1, 5, 10 and 20 years. 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.