This statistic shows the average annual futures contract 3 price for Cushing Oklahoma crude oil between 1990 and 2018. In 2018, the futures contract 3 price for this crude came to 64.27 U.S. dollars per barrel.
Average annual crude oil futures contract three prices in the U.S. from 1990 to 2018 (U.S. dollars per barrel)*
* All prices refer to light sweet oil from Cushing, Oklahoma, traded at the New York Mercantile Exchange, U.S. Contracts 2-4 represent the successive delivery months following Contract 1. 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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EIA. (August 14, 2019). Average annual crude oil futures contract three prices in the U.S. from 1990 to 2018 (U.S. dollars per barrel)* [Graph]. In Statista. Retrieved February 23, 2020, from https://www.statista.com/statistics/209581/average-annual-futures-contract-3-price-of-crude-oil/
EIA. "Average annual crude oil futures contract three prices in the U.S. from 1990 to 2018 (U.S. dollars per barrel)*." Chart. August 14, 2019. Statista. Accessed February 23, 2020. https://www.statista.com/statistics/209581/average-annual-futures-contract-3-price-of-crude-oil/
EIA. (2019). Average annual crude oil futures contract three prices in the U.S. from 1990 to 2018 (U.S. dollars per barrel)*. Statista. Statista Inc.. Accessed: February 23, 2020. https://www.statista.com/statistics/209581/average-annual-futures-contract-3-price-of-crude-oil/
EIA. "Average Annual Crude Oil Futures Contract Three Prices in The U.S. from 1990 to 2018 (U.S. Dollars per Barrel)*." Statista, Statista Inc., 14 Aug 2019, https://www.statista.com/statistics/209581/average-annual-futures-contract-3-price-of-crude-oil/
EIA, Average annual crude oil futures contract three prices in the U.S. from 1990 to 2018 (U.S. dollars per barrel)* Statista, https://www.statista.com/statistics/209581/average-annual-futures-contract-3-price-of-crude-oil/ (last visited February 23, 2020)
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