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Spot crude prices: From 1972
This line chart shows spot crude prices for Dubai, Brent, Nigerian Focardos and West Texas Intermediate for the years 1972 to 2006. Spot crude prices are measured in $/bbl (US dollars per barrel of oil).

Image with a graph of Spot crude prices: From 1972
Spot crude prices: From 1972
  Units 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006
Oil: Prices - US dollars per barrel (from 1972) [7,8,9,10] $/bbl                                                                      
Dubai - Spot crude price [8] $/bbl 1.9 2.83 10.41 10.7 11.63 12.38 13.03 29.75 35.69 34.32 31.8 28.78 28.06 27.53 13.1 16.95 13.27 15.62 20.45 16.63 17.17 14.93 14.74 16.1 18.52 18.23 12.21 17.25 26.2 22.81 23.74 26.78 33.64 49.35 61.5
Brent - Spot crude price [9] $/bbl         12.8 13.92 14.02 31.61 36.83 35.93 32.97 29.55 28.78 27.56 14.43 18.44 14.92 18.23 23.73 20 19.32 16.97 15.82 17.02 20.67 19.09 12.72 17.97 28.5 24.44 25.02 28.83 38.27 54.52 65.14
Nigerian Forcados - Spot crude price $/bbl         12.87 14.21 13.65 29.25 36.98 36.18 33.29 29.54 28.14 27.75 14.46 18.39 15 18.3 23.85 20.11 19.61 17.41 16.25 17.26 21.16 19.33 12.62 18 28.42 24.23 25.04 28.66 38.13 55.69 67.07
West Texas Intermediate - spot crude price [10] $/bbl         12.23 14.22 14.55 25.08 37.96 36.08 33.65 30.3 29.39 27.98 15.1 19.18 15.97 19.68 24.5 21.54 20.57 18.45 17.21 18.42 22.16 20.61 14.39 19.31 30.37 25.93 26.16 31.07 41.49 56.59 66.02

(7) Source: Platts.
For data whose source is Platts, the redistribution and reproduction of this data is strictly prohibited without prior authorization from Platts, email support@platts.com
(8) 1972-1985 Arabian Light, 1986-2006 Dubai dated.
(9) 1976-1983 Forties, 1984-2006 Brent dated.
(10) 1976-1983 Posted WTI prices, 1985-2006 Spot WTI (Cushing) prices.


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