Where Can Prices for Crude Oil Be Found?


Quick Answer

Two online sources for crude oil prices are the United States Energy Information Administration, or EIA, website and the "Commodities" page of the CNBC website. The EIA website (eia.gov) provides current pricing and more than 30 years of price history based on the West Texas Intermediate (WTI) - Cushing, Oklahoma benchmark. The CNBC website provides crude oil pricing based on both the WTI - Cushing and Brent benchmarks.

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Where Can Prices for Crude Oil Be Found?
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Full Answer

The current price for crude oil is displayed at the top of the right-hand side bar on the EIA home page. Underneath the current price, the EIA lists the difference between the day's price compared to both one week earlier and one year ago. The "WTI crude oil futures price" heading in the side bar is a link that opens a page containing extensive crude oil pricing history. The page features a line graph that displays pricing history reaching back to 1983. Visitors can select graph formats based on daily, weekly, monthly or annual histories. An option to download the price history data in Microsoft Excel format is also provided.

A drop-down menu below the EIA crude oil price-history graph enables visitors to choose from additional line graph analysis formats, such as moving averages or five and 10 year seasonal analyses. Below the price-history line graph, the data represented by the selected graph is also displayed in a table format.

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