Chart
Description: Crude Oil (petroleum), simple average of three spot prices; Dated Brent, West Texas Intermediate, and the Dubai Fateh, US$ per barrel
Unit: US Dollars per Barrel
Source: International Monetary Fund
See also: Energy production and consumption statistics
| Month | Value |
| May 2009 | 58.10 |
| Jun 2009 | 69.13 |
| Jul 2009 | 64.65 |
| Aug 2009 | 71.63 |
| Sep 2009 | 68.38 |
| Oct 2009 | 74.08 |
Related News
Oil price hits seven-week low on Dubai shock
Channel NewsAsia - 2009/11/27 17:33:26
LONDON : The price of oil slumped to a seven-week low point close to 72 dollars on Friday with investors spooked by a shock call from the Dubai government to suspend the debt of a key state company, analysts said.
OIL FUTURES: Crude At 6-Week Low On Dubai Debt Concern
Zawya - 2009/11/27 14:50:37
NEW YORK (Dow Jones)--Crude futures are at six-week lows Friday as attempts by Dubai World to reschedule debt reawakened credit woes and shook confidence in the economic recovery.
Price of oil nosedives as Dubai fall-out hits markets
Evening Standard - 2009/11/27 09:19:23
The price of oil plummeted today as the fear of contagion from the financial crisis in Dubai threatened to spread across global markets.
Futures Movers: Oil tumbles to 7-week low on Dubai fears
Market Watch - 2009/11/27 02:30:40
Crude futures drop as much as 7% to their lowest levels in seven weeks, as investors spooked by Dubai’s debt troubles sell assets perceived as risky, including commodities from oil to metals.
Rubber Futures Tumble in Tokyo After Crude Oil Price Declines
Bloomberg - 2009/11/27 01:53:54
Nov. 27 (Bloomberg) -- Rubber futures in Tokyo dropped as much as 3.6 percent as crude oil prices slumped. The May-delivery contract fell to 244 yen per kilogram on the Tokyo Commodity Exchange before trading at 246 yen at 9:04 a.m. local time.
Crude Oil Declines on Rising U.S. Inventories, Firmer Dollar
Bloomberg - 2009/11/26 08:53:07
Nov. 26 (Bloomberg) -- Oil fell in New York as traders sold contracts to lock in gains ahead of the U.S. Thanksgiving holiday and after the U.S. Energy Department said crude inventories held by the world’s largest energy consumer rose.
Canadian Currency Weakens as Crude Oil, Global Equities Slide
Bloomberg - 2009/11/24 21:49:18
Nov. 24 (Bloomberg) -- Canada’s dollar weakened against its U.S. counterpart as crude oil, the nation’s largest export, and global equities dropped, diminishing the appeal of currencies tied to growth.
Canadian Currency Falls as Crude Oil, Global Stocks Fluctuate
Bloomberg - 2009/11/24 15:44:00
Nov. 24 (Bloomberg) -- Canada’s dollar weakened against its U.S. counterpart as crude oil, the nation’s largest export, and global equities swung between gains and losses, diminishing the appeal of currencies tied to growth.
Canada Dollar Gains Most in Two Weeks as Gold, Crude Oil Climb
Bloomberg - 2009/11/23 21:49:43
Nov. 23 (Bloomberg) -- Canada’s currency appreciated the most in two weeks against its U.S. counterpart as gold and crude oil gained, burnishing the appeal of currencies tied to commodity prices.
Canada Dollar Gains Most in Two Weeks as Gold, Crude Oil Climb
Bloomberg - 2009/11/23 15:49:34
Nov. 23 (Bloomberg) -- Canada’s currency appreciated the most in two weeks against its U.S. counterpart as gold and crude oil climbed, burnishing the appeal of currencies tied to commodity prices.