Crude Oil decreased 0.54 USD/BBL or 0.91% to 58.45 on Wednesday March 20 from 59.03 in the previous trading session. Historically, Crude oil reached an all time high of 145.31 in July of 2008 and a record low of 1.17 in February of 1946.

Crude oil is expected to trade at 55.93 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 51.95 in 12 months time.


Crude oil
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Forecast Data Chart
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Energy Price Day Weekly Monthly Yearly Date
Crude Oil 58.3815 0.60 -1.02% 0.21% 2.50% -10.42% Mar/20
Brent 67.3340 0.28 -0.41% -0.32% 0.39% -3.07% Mar/20
Natural gas 2.8665 0.01 -0.42% 1.65% 6.29% 8.66% Mar/20
Gasoline 1.8835 0.01 -0.51% 1.44% 16.67% -6.40% Mar/20
Heating oil 1.9780 0.01 -0.61% -0.71% -2.86% -1.28% Mar/20
Ethanol 1.4115 0.00 0.14% 6.13% 5.02% -4.04% Mar/20
Naphtha 535.31 0.70 0.13% 2.28% 6.51% -6.20% Mar/19
Propane 0.68 0.00 -0.28% -0.68% 1.07% -13.80% Mar/19
Uranium 26.7000 0.35 -1.29% -4.47% -6.97% 20.00% Mar/19

Metals Price Day Weekly Monthly Yearly Date
Gold 1,307.91 0.75 -0.06% -0.09% -1.15% -1.79% Mar/20
Silver 15.3062 0.01 -0.09% -0.93% -3.22% -7.37% Mar/20
Platinum 859.92 13.92 1.65% 2.68% 5.00% -9.86% Mar/20
Palladium 1,605.01 8.51 0.53% 3.15% 9.30% 62.12% Mar/20
Manganese 39.50 0.00 0.00% 0.00% 0.00% -3.66% Mar/19
Neodymium 375,000.00 0.00 0.00% -2.60% -5.78% -16.67% Mar/19
Rhodium 3,215.00 15.00 0.47% 2.06% 18.85% 63.20% Mar/19

Agricultural Price Day Weekly Monthly Yearly Date
Soybeans 902.7404 2.75 -0.30% 1.55% -0.91% -12.33% Mar/20
Wheat 456.2611 0.50 -0.11% 3.64% -6.22% 0.61% Mar/20
Cotton 75.60 0.05 -0.07% -0.16% 4.72% -8.46% Mar/20
Rice 10.8300 0.05 0.46% 2.22% 6.07% -12.21% Mar/20
Cheese 1.5360 0.00 0.07% 0.52% 9.56% -1.41% Mar/19
Palm Oil 2,095.00 35.00 1.70% 7.11% -2.33% -14.80% Mar/20
Milk 14.93 0.01 0.07% 0.07% 6.57% 4.55% Mar/19
Lumber 385.50 5.10 -1.31% -2.70% -0.90% -20.15% Mar/19
Wool 1,979.00 0.00 0.00% -1.44% -2.80% 11.12% Mar/19
Tea 2.58 0.00 0.00% 0.00% -9.79% -21.34% Mar/19
Orange Juice 129.40 0.15 0.12% 4.78% 7.97% -5.65% Mar/19
Cocoa 2,192.00 10.00 -0.45% -0.50% -2.84% -13.15% Mar/20
Canola 464.40 0.10 -0.02% 2.45% -2.19% -10.86% Mar/20
Sugar 12.75 0.03 -0.23% 3.16% -3.70% 0.63% Mar/20
Oat 271.3072 1.75 -0.64% 4.35% 0.48% 17.20% Mar/20
Rubber 176.70 4.50 -2.48% -2.38% -10.80% -0.45% Mar/20
Coffee 96.75 3.30 3.53% 2.44% 0.68% -18.59% Mar/20
Corn 371.6946 0.25 -0.07% 4.04% -1.01% -0.88% Mar/20

Livestock Price Day Weekly Monthly Yearly Date
Live Cattle 128.8547 0.28 -0.21% 1.74% 0.41% 9.48% Mar/20
Lean Hogs 70.6543 0.18 -0.25% 11.00% 33.37% 12.91% Mar/20
Feeder Cattle 141.6302 0.63 -0.44% 0.23% -1.56% 3.55% Mar/20
Beef 10.79 0.01 0.09% 1.51% 2.76% 13.46% Mar/19
Poultry 4.53 0.01 0.22% 0.89% 2.72% 42.01% Mar/19

Industrial Price Day Weekly Monthly Yearly Date
Copper 2.9250 0.00 0.07% -0.29% 0.78% -4.05% Mar/20
Bitumen 3,378.00 46.00 -1.34% -0.30% 5.04% 26.71% Mar/20
Steel 3,803.00 9.00 0.24% -1.22% 0.61% 2.70% Mar/20
Coal 90.00 0.22 -0.24% -2.62% -3.74% -1.67% Mar/20
Cobalt 30,000 0.00 0.00% -6.25% -3.23% -68.50% Mar/19
Lead 2,012.50 8.25 -0.41% -2.61% -0.72% -16.18% Mar/19
Aluminum 1,946.00 25.50 1.33% 3.90% 4.18% -6.49% Mar/19
Tin 21,275.00 100.00 0.47% -0.23% 0.12% 1.31% Mar/19
Zinc 2,818.00 37.00 1.33% -0.70% 4.45% -13.27% Mar/19
Nickel 12,925.00 0.00 0.00% -0.69% 0.76% -3.66% Mar/19
Molybdenum 25,000.00 0.00 0.00% 0.00% 0.00% 16.28% Mar/19
Iron Ore 89.00 0.00 0.00% 4.09% 1.71% 29.93% Mar/19
Soda Ash 1,950.00 0.00 0.00% 0.00% -2.01% 13.09% Mar/19
Iron Ore 62% fe 86.2300 0.05 -0.06% 1.08% -2.52% 20.52% Mar/19
Lithium 112.40 0.46 -0.41% -0.09% -2.25% -15.82% Mar/19

Index Price Day Weekly Monthly Yearly Date
Baltic Dry 712.00 9.00 -1.25% 10.05% 14.47% -36.26% Mar/19
CRB Index 192.96 0.41 0.21% 2.21% 1.26% -3.44% Mar/19
LME Index 3,026.60 0.00 0.00% -0.24% 1.01% -6.87% Mar/19
S&P GSCI 2,533.64 0.00 0.00% 1.94% 1.50% -3.10% Mar/19


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. This page provides - Crude oil - actual values, historical data, forecast, chart, statistics, economic calendar and news. Crude oil - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
58.38 59.03 145.31 1.17 1946 - 2019 USD/BBL Daily