Over the last several decades, the price of WTI crude oil has been affected by notable events and crises taking place throughout the world. The inflation adjusted price of one barrel of crude oil peaked shortly before the global financial crisis in 2008 at 125.21 real U.S. dollars. By the first quarter of 2009, the crude oil price had plummeted to 42.89 real U.S. dollars per barrel. By comparison, the through price during the coronavirus pandemic was 24.65 real U.S. dollars.
Inflation adjusted price of one barrel of WTI crude oil during select events worldwide from 1968 to 2022 (in U.S. dollars)
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$199 USD / Month *
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Oil and gasoline prices
Overview
2
Crude oil benchmarks
8
- Basic Statistic Weekly oil prices in Brent, OPEC basket, and WTI futures 2022-2024
- Basic Statistic Brent crude oil price annually 1976-2024
- Basic Statistic Monthly crude oil price average for Brent 2022-2024
- Premium Statistic OPEC oil price annually 1960-2024
- Basic Statistic Monthly average crude oil prices of the OPEC basket 2022-2024
- Basic Statistic West Texas Intermediate annual average oil price 1976-2024
- Basic Statistic West Texas Intermediate (WTI) crude oil price monthly 2022-2024
- Premium Statistic WTI crude oil price in times of global crisis 1968-2022
Crude oil prices by select country
6
- Premium Statistic OPEC basket crude oil prices by oil type 2002-2022
- Basic Statistic Oil price of Dubai Fateh 1973-2022
- Premium Statistic Venezuela's Merey average crude oil price 2020-2024
- Premium Statistic Urals crude oil price monthly 2007-2024
- Premium Statistic Annual WCS oil price 2012-2022
- Premium Statistic Crude oil price trend in India FY 2009-2023
Gasoline prices by select country
8
- Basic Statistic Annual gas prices in the United States 1990-2023
- Premium Statistic Gasoline retail price per month in Canada 2022-2024
- Premium Statistic Regular and premium gasoline prices in Mexico 2017-2023, by type
- Premium Statistic Regular gasoline price in Brazil 2001-2022
- Premium Statistic Average gasoline price in the EU 2023, by country
- Basic Statistic Average monthly price for premium gasoline in Germany 2020-2024
- Premium Statistic Prices of unleaded gasoline (95 RON) in Italy 2000-2022
- Premium Statistic Prices of unleaded gasoline (95 RON) in Poland 2004-2023
Further Content: You might find this interesting as well
Topics
Oil and gasoline pricesVisual Capitalist. (May 4, 2022). Inflation adjusted price of one barrel of WTI crude oil during select events worldwide from 1968 to 2022 (in U.S. dollars) [Graph]. In Statista. Retrieved May 16, 2024, from https://www.statista.com/statistics/1312765/wti-crude-oil-price-in-times-of-crisis/
Visual Capitalist. "Inflation adjusted price of one barrel of WTI crude oil during select events worldwide from 1968 to 2022 (in U.S. dollars)." Chart. May 4, 2022. Statista. Accessed May 16, 2024. https://www.statista.com/statistics/1312765/wti-crude-oil-price-in-times-of-crisis/
Visual Capitalist. (2022). Inflation adjusted price of one barrel of WTI crude oil during select events worldwide from 1968 to 2022 (in U.S. dollars). Statista. Statista Inc.. Accessed: May 16, 2024. https://www.statista.com/statistics/1312765/wti-crude-oil-price-in-times-of-crisis/
Visual Capitalist. "Inflation Adjusted Price of One Barrel of Wti Crude Oil during Select Events Worldwide from 1968 to 2022 (in U.S. Dollars)." Statista, Statista Inc., 4 May 2022, https://www.statista.com/statistics/1312765/wti-crude-oil-price-in-times-of-crisis/
Visual Capitalist, Inflation adjusted price of one barrel of WTI crude oil during select events worldwide from 1968 to 2022 (in U.S. dollars) Statista, https://www.statista.com/statistics/1312765/wti-crude-oil-price-in-times-of-crisis/ (last visited May 16, 2024)
Inflation adjusted price of one barrel of WTI crude oil during select events worldwide from 1968 to 2022 (in U.S. dollars) [Graph], Visual Capitalist, May 4, 2022. [Online]. Available: https://www.statista.com/statistics/1312765/wti-crude-oil-price-in-times-of-crisis/