Crude oil futures prices: Cushing Oklahoma 1990-2021

Average annual crude oil future Contract 1 prices in the U.S. from 1990 to 2021

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Source

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Release date

November 2022

Region

United States

Survey time period

1990 to 2021

Method of interview

Online survey

Supplementary notes

All prices refer to light sweet oil from Cushing, Oklahoma, traded at the New York Mercantile Exchange, U.S.
Contract 1 is a futures contract specifying the earliest delivery date. For crude oil, each contract expires on the third business day prior to the 25th calendar day of the month preceding the delivery month. If the 25th calendar day of the month is a non-business day, trading ceases on the third business day prior to the business day preceding the 25th calendar day. After a contract expires, Contract 1 for the remainder of that calendar month is the second following month.

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* Prices do not include sales tax.

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