Crude Oil Spot Price Averages ( Petroluem, Apsp): 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 Spot Price Averages ( Petroluem, Apsp): 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 Spot Price Averages ( Petroluem, Apsp): Dated Brent, West Texas Intermediate, And The Dubai Fateh Statistics for The World, Year 2015 - In Detail

Crude Oil Spot Price Averages ( Petroluem, Apsp): Dated Brent, West Texas Intermediate, And The Dubai Fateh for The World is US$ 50.793 .

In the previous year, 2014, Crude Oil Spot Price Averages ( Petroluem, Apsp): Dated Brent, West Texas Intermediate, And The Dubai Fateh for The World was US$ 96.25 Crude Oil Spot Price Averages ( Petroluem, Apsp): 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 Spot Price Averages ( Petroluem, Apsp): Dated Brent, West Texas Intermediate, And The Dubai Fateh for The World was US$ 34.75 , which is 31.58% more than the 2015 figure.

* Source: IMF

Crude Oil Spot Price Averages ( Petroluem, Apsp): Dated Brent, West Texas Intermediate, And The Dubai Fateh for The World, in other Years
Year US$
  2021 50.524
  2020 49.427
  2019 47.58
  2018 44.517
  2017 40.985
  2016 34.752
2015 50.793
  2014 96.247
  2013 104.069
  2012 105.007
  2011 104.008
  2010 79.03
  2009 61.777
  2008 97.035
  2007 71.128
  2006 64.273
  2005 53.354
  2004 37.76
  2003 28.892
  2002 24.95
  2001 24.331
  2000 28.234
  1999 17.981
  1998 13.074
  1997 19.268
  1996 20.373
  1995 17.204
  1994 15.948
  1993 16.787
  1992 19.036
  1991 19.368
  1990 22.985
  1989 17.906
  1988 14.769
  1987 18.198
  1986 14.172
  1985 27.371
  1984 28.546
  1983 29.469
  1982 31.544
  1981 34.038
  1980 35.707