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Data

Oil price - Crude prices since 1861

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Energy

About this data

Source
Energy Institute based on S&P Global Platts - Statistical Review of World Energy (2024) – with major processing by Our World in Data
Last updated
June 20, 2024
Next expected update
June 2025
Date range
1861–2023
Unit
constant 2023 US$ per cubic meter

Explore charts that include this data

World crude oil price vs. oil consumption

Sources and processing

This data is based on the following sources

The Energy Institute Statistical Review of World Energy analyses data on world energy markets from the prior year.

Retrieved on
June 20, 2024
Retrieved from
https://www.energyinst.org/statistical-review/
Citation
This is the citation of the original data obtained from the source, prior to any processing or adaptation by Our World in Data. To cite data downloaded from this page, please use the suggested citation given in Reuse This Work below.
Energy Institute based on S&P Global Platts - Statistical Review of World Energy (2024)

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Citations

How to cite this page

To cite this page overall, including any descriptions, FAQs or explanations of the data authored by Our World in Data, please use the following citation:

“Data Page: Oil price - Crude prices since 1861”, part of the following publication: Hannah Ritchie, Pablo Rosado and Max Roser (2023) - “Energy”. Data adapted from Energy Institute. Retrieved from https://ourworldindata.org/grapher/oil-prices-inflation-adjusted [online resource]
How to cite this data

In-line citationIf you have limited space (e.g. in data visualizations), you can use this abbreviated in-line citation:

Energy Institute based on S&P Global Platts - Statistical Review of World Energy (2024) – with major processing by Our World in Data

Full citation

Energy Institute based on S&P Global Platts - Statistical Review of World Energy (2024) – with major processing by Our World in Data. “Oil price - Crude prices since 1861” [dataset]. Energy Institute, “Statistical Review of World Energy” [original data]. Retrieved December 22, 2024 from https://ourworldindata.org/grapher/oil-prices-inflation-adjusted