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WTI and Brent crude oil: average annual spot prices 1990-2012

 

Annual average WTI and Brent crude oil spot prices from 1990 to 2012 (U.S. dollars per barrel)*

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United States; 1990 to 2012 Source: Thomson Reuters


© Statista 2013

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This graph displays the spot price for West Texas Intermediate and Brent crudes between 1990 and 2012. In 2012, the average spot price for West Texas Intermediate crude oil came to 94.05 U.S. dollars per barrel.

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Statistic Information
 
close Markets and sectors
Energy & Utilities , Electricity & Energy
Survey
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Survey time period 1990 to 2012
Object of investigation WTI and Brent crude spot prices
Region United States
Macroregion North-America only
Type time series
Category price/cost
Relevance 5
Release
Published by EIA
Source link  Get Free Basic Account
Release date March 2013
Cataloging
Tags crude oil prices, Cushing Oklahoma, electricity, electricity prices, energy demand, energy sector, energy supply, energy system, environment, environmental pollution, fuel, fuel price, fuels, fuels, increase, NYMEX, UK Brent, West Texas Intermediate
Top tags increase, UK Brent, West Texas Intermediate, fuel price, crude oil prices
Markets and sectors Energy & Utilities, Electricity & Energy
Further information * All prices are "Free On Board" (FOB) prices originating from Cushing, Oklahoma and the Brent oilfield, United Kingdom respectively.

According to the EIA, FOB denotes a transaction whereby the seller makes the product available with an agreement on a given port at a given price; it is the responsibility of the buyer to arrange for the transportation and insurance.
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