Live demo https://ebuddj.github.io/2020-oil_price/
Monthly crude oil price of West Texas Intermediate (WTI or NYMEX) per barrel from 1960 to current. The price presented for each month is the closing price. The prices are inflation-adjusted. The current price of WTI crude oil as of May 04, 2020 is $20.39 per barrel.
The price of oil decreased substantially in 2020 due to the 2020 coronavirus pandemic and the 2020 Russia–Saudi Arabia oil price war. On 20 April, Brent crude benchmark reached $25 per barrel, while WTI Crude dropped below $0 for the first time in history.
There is a differential in the price of a barrel of oil based on its grade—determined by factors such as its specific gravity or API gravity and its sulfur content—and its location—for example, its proximity to tidewater and refineries. Heavier, sour crude oils lacking in tidewater access—such as Western Canadian Select—are less expensive than lighter, sweeter oil—such as WTI.
Sources
EBU links
- News Exchange, 2020-04-28
- News Exchange, 2020-05-06
- Social Newswire
Used by
If you are interested in using the interactive version please contact Teemo Tebest, [email protected]
This visualization is part of the EBU News Exchange’s Data Journalism project. Other projects are available: https://news-exchange.ebu.ch/data-journalism
The material may be used only by Eurovision active members and sub-licensees.
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