Oil prices dropped nearly 1% on Tuesday, with investors shrugging off the recent attack on two major oilfields in the southwest of Libya which led to a cut in the country’s oil production. The oil market is expected to remain well supplied in 2020, due to increased production from non-OPEC countries. US crude oil fell nearly 0.7% to $58.29 a barrel while Brent dropped 0.9% to $64.51 a barrel around midday NY time. Historically, Crude oil reached an all time high of 147.27 in July of 2008.

Crude oil is expected to trade at 64.91 USD/BBL by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 69.88 in 12 months time.


Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Crude oil

Crude oil
Crude oil is the world's most actively traded commodity. Crude Oil prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so.

Energy Price Day Weekly Monthly Yearly Date
Crude Oil 58.3021 0.54 -0.92% 0.13% -3.50% 10.90% Jan/21
Brent 64.3810 0.70 -1.07% -0.06% -1.67% 4.68% Jan/21
Natural gas 1.9029 0.02 -1.16% -11.52% -12.82% -37.40% Jan/21
Gasoline 1.6516 0.00 -0.15% -1.02% -4.07% 17.85% Jan/21
Heating oil 1.8324 0.04 -2.35% -3.87% -9.16% -3.62% Jan/21
Ethanol 1.3604 0.01 -1.03% -0.44% -2.13% 7.03% Jan/21
Naphtha 545.86 3.49 0.64% 2.35% 1.15% 17.87% Jan/17
Propane 0.44 0.00 -0.07% -4.42% -15.46% -34.50% Jan/17
Uranium 24.6000 0.05 0.20% 0.41% -3.34% -14.88% Jan/17

Metals Price Day Weekly Monthly Yearly Date
Gold 1,560.71 1.67 -0.11% 0.69% 5.05% 21.49% Jan/21
Silver 17.8120 0.26 -1.45% -0.20% 2.03% 16.18% Jan/21
Platinum 1,001.19 14.32 -1.41% 1.81% 6.94% 27.05% Jan/21

Agricultural Price Day Weekly Monthly Yearly Date
Soybeans 913.4182 12.84 -1.38% -2.95% -3.20% 0.46% Jan/21
Wheat 581.5801 9.96 1.74% 2.34% 7.55% 11.57% Jan/21
Cotton 69.24 2.01 -2.82% -3.00% 0.92% -5.32% Jan/21
Rice 13.4600 0.06 -0.41% 3.14% 4.22% 26.39% Jan/21
Cheese 1.8050 0.00 0.06% 0.67% -11.95% 30.14% Jan/21
Palm Oil 2,592.00 30.00 -1.14% -4.64% -2.19% 19.83% Jan/21
Milk 17.03 0.02 0.12% 0.53% -12.08% 21.73% Jan/21
Rubber 168.20 0.90 -0.53% -5.08% -3.50% -18.15% Jan/21
Orange Juice 95.80 0.75 0.79% -0.78% -5.34% -19.63% Jan/21
Coffee 111.05 1.10 -0.98% -3.35% -11.37% 7.45% Jan/21
Wool 1,609.00 0.00 0.00% 3.27% 3.27% -16.33% Jan/20
Tea 2.51 0.00 0.00% -10.36% 0.40% -19.29% Jan/20
Cocoa 2,818.00 21.00 0.75% 6.14% 16.11% 25.47% Jan/21
Canola 476.80 4.20 -0.87% 0.48% 1.99% -1.79% Jan/21
Sugar 14.55 0.10 0.69% 1.61% 8.18% 12.53% Jan/21
Lumber 424.50 5.50 -1.28% 8.85% 3.89% 16.81% Jan/21
Oat 313.9733 2.44 0.78% 0.21% 8.57% 5.71% Jan/21
Corn 387.3682 1.33 -0.34% -0.19% -0.41% 2.21% Jan/21

Livestock Price Day Weekly Monthly Yearly Date
Live Cattle 126.5548 0.24 0.19% -0.67% 0.44% 1.14% Jan/21
Lean Hogs 67.4340 0.01 -0.01% -0.58% -3.39% 9.69% Jan/21
Beef 13.05 0.59 -4.33% -3.05% -9.00% 25.84% Jan/20
Poultry 5.13 0.02 -0.39% 0.20% -4.47% 20.99% Jan/20
Feeder Cattle 144.5510 0.19 0.13% -0.64% 0.37% 2.48% Jan/21

Industrial Price Day Weekly Monthly Yearly Date
Copper 2.7878 0.06 -2.05% -2.75% -0.83% 3.67% Jan/21
Steel 3,702.00 8.00 0.22% -2.60% -1.04% 0.52% Jan/21
Bitumen 3,182.00 10.00 -0.31% -3.58% 6.00% 5.64% Jan/21
Coal 70.27 0.68 -0.96% -6.72% 3.34% -29.34% Jan/21
Palladium 2,401.00 98.06 -3.92% 9.42% 28.01% 78.51% Jan/21
Cobalt 32,250.00 0.00 0.00% -1.53% -1.53% -15.13% Jan/20
Lead 1,953.00 21.25 -1.08% 3.07% 2.74% -2.97% Jan/20
Aluminum 1,812.00 7.00 0.39% 0.78% 0.44% -3.77% Jan/20
Tin 17,850.00 40.00 0.22% 2.73% 3.18% -12.61% Jan/20
Zinc 2,444.00 14.50 0.60% 2.78% 6.68% -5.12% Jan/20
Nickel 13,940.50 104.50 0.76% -0.48% -2.38% 21.05% Jan/20
Molybdenum 22.05 0.00 0.00% 0.00% 0.00% -19.08% Jan/20
Iron Ore 96.50 0.50 0.52% 3.21% 4.89% 29.01% Jan/20
Neodymium 367,500.00 0.00 0.00% 0.14% 0.82% -7.66% Jan/20
Rhodium 9,100.00 500.00 5.81% 12.35% 47.97% 266.94% Jan/20
Lithium 120.32 0.54 0.45% 4.89% 10.08% 9.16% Jan/20
Iron Ore 62% fe 94.8100 0.26 0.28% 1.33% 2.95% 26.16% Jan/17
Manganese 31.50 0.00 0.00% 0.00% 0.00% -20.25% Jan/20
Soda Ash 1,550.00 0.00 0.00% 0.00% -0.64% -25.48% Jan/21

Index Price Day Weekly Monthly Yearly Date
Baltic Dry 729.00 25.00 -3.32% -5.81% -40.29% -29.63% Jan/20
LME Index 2,894.30 1.70 0.06% 0.42% 1.41% 1.79% Jan/20
S&P GSCI 2,536.32 0.00 0.00% 0.14% -1.39% 6.01% Jan/20
CRB Index 192.49 1.21 -0.63% -1.02% -1.37% 3.63% Jan/21