Two Charts on Crude Oil Prices

Crude oil prices have been rising for a few months now and US crude price per barrel crossed $80.0 yesterday for the first time since 2014. Oil prices have soared by 125% since the end of last October. Higher crude oil prices lead to higher gas prices which then causes sticker shock to Americans. Gas prices are over $3.25 per gallon in some places in the country. It remains to be seen if oil prices could reach $100 per barrel. With that said below are two charts on oil prices

1.Crude Oil Prices since November 2018:

Click to enlarge


2.Historical Chart of WTI and Brent Crude Prices since 1980:

Source: Crude Oil, Market Index

Related ETF:

  • United States Oil ETF (USO)

Oil Stock Lists:

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