Crude Oil (Petroleum) Price Index - Includes Dated Brent, West Texas Intermediate, And The Dubai Fateh for The World, All Years - Statistics

14, Nov 2018, EST.

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Country or Region: The World › Change country
Price Index Indicator: Crude Oil (Petroleum) Price Index - Includes Dated Brent, West Texas Intermediate, And The Dubai Fateh › See all The World indicators
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Datasource: International Monetary Fund (IMF)
National or Regional Currency: US Dollar
Currency Symbol: US$

The APSP denotes an equally weighted average of three crude oil spot prices - West Texas Intermediate (WTI), Dated Brent (Brent), and Dubai Fateh (Dubai). The prices of these crude oils tend to move together according to the inequality WTI > Brent > Dubai. Their price differentials reflect differences in American Petroleum Institute (API) measure of gravity, sulfur content, and overall weight. The WTI spot price refers to the physical delivery price for a barrel of WTI deliverable to Cushing, Oklahoma. The WTI price is frequently mentioned in the financial press, and is often described as the 'headline' oil price. The Brent spot price is the physical delivery price for a barrel of either Dated Brent (UK), Forties (Norway), or Oseberg (Norway) to Sullom Voe, United Kingdom (in the Shetland Islands). The Dubai Fateh spot price refers to the physical price for a barrel of Dubai Fateh deliverable in the Arabian Gulf at Dubai, United Arab Emirates.

Crude Oil (Petroleum) Price Index - Includes Dated Brent, West Texas Intermediate, And The Dubai Fateh Statistics for The World, Year 2015 - In Detail

Crude Oil (Petroleum) Price Index - Includes Dated Brent, West Texas Intermediate, And The Dubai Fateh for The World is US$ 95.2 .

In the previous year, 2014, Crude Oil (Petroleum) Price Index - Includes Dated Brent, West Texas Intermediate, And The Dubai Fateh for The World was US$ 180.39 Crude Oil (Petroleum) Price Index - Includes Dated Brent, West Texas Intermediate, And The Dubai Fateh for The World in 2015 was or will be 47.23% less than it was or will be in 2014.

In the following or forecasted year, 2016, Crude Oil (Petroleum) Price Index - Includes Dated Brent, West Texas Intermediate, And The Dubai Fateh for The World was US$ 65.13 , which is 31.58% more than the 2015 figure.

* Source: IMF

Crude Oil (Petroleum) Price Index - Includes Dated Brent, West Texas Intermediate, And The Dubai Fateh for The World, in other Years
Year US$
  2021 94.695
  2020 92.639
  2019 89.177
  2018 83.436
  2017 76.818
  2016 65.134
2015 95.2
  2014 180.393
  2013 195.054
  2012 196.812
  2011 194.939
  2010 148.124
  2009 115.787
  2008 181.87
  2007 133.312
  2006 120.464
  2005 100
  2004 70.772
  2003 54.151
  2002 46.763
  2001 45.602
  2000 52.918
  1999 33.701
  1998 24.504
  1997 36.112
  1996 38.185
  1995 32.245
  1994 29.891
  1993 31.463
  1992 35.678
  1991 36.3
  1990 43.08
  1989 33.56
  1988 27.681
  1987 34.109
  1986 26.561
  1985 51.3
  1984 53.503
  1983 55.233
  1982 59.122
  1981 63.797
  1980 66.924