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20+ Years of Price Data

Historical Oil Prices

Access comprehensive historical price data for crude oil, natural gas, and commodities. Daily, weekly, and monthly intervals available via API.

Current Prices & YoY Performance

12-Month Price Statistics

CommodityCurrent12-Mo High12-Mo Low12-Mo AvgYoY Change
WTI Crude Oil$65.05$71.18$57.95$63.70-8.61%
Brent Crude$70.52$74.95$61.73$67.32-5.91%
Natural Gas$4.31$4.46$2.90$3.69+17.76%
Gold$4858.19$4858.19$2883.20$3710.49+68.50%

WTI 12-Month Price History

Full analysis
Mar 2025
$68.06
Apr 2025
$62.97
May 2025
$60.85
Jun 2025
$67.86
Jul 2025
$66.97
Aug 2025
$64.21
Sep 2025
$63.51
Oct 2025
$60.05
Nov 2025
$59.46
Dec 2025
$57.95
Jan 2026
$60.04
Feb 2026
$65.05

Major Oil Price Events

2020Low Impact

COVID-19 Crash

WTI briefly went negative (-$37.63) due to storage crisis

2022High Impact

Russia-Ukraine War

Brent spiked to $139 on supply fears

2023Medium Impact

OPEC+ Cuts

Saudi Arabia voluntary cuts supported prices

2024Medium Impact

China Demand

Slower Chinese recovery pressured prices

Access Historical Data via API

Get programmatic access to historical prices for backtesting, analytics, or research. RESTful JSON API with flexible date ranges and intervals.

GET /v1/prices/historical?by_code=WTI_USD&interval=monthly

Daily Prices

Granular day-by-day historical data

Weekly Averages

Smoothed weekly price averages

Monthly Summary

Long-term trend analysis

Frequently Asked Questions

What is the highest oil price in history?

The highest oil price in history was $147.27 per barrel for WTI crude in July 2008, driven by peak oil fears and speculation. Brent crude reached $139.13 in March 2022 following Russia's invasion of Ukraine.

What was the lowest oil price ever recorded?

WTI crude oil went negative for the first time in history on April 20, 2020, reaching -$37.63 per barrel due to a storage crisis during the COVID-19 pandemic. This was a one-day anomaly caused by futures contract expiration mechanics.

How can I access historical oil price data via API?

OilPriceAPI provides REST API access to historical oil prices. Use the /v1/prices/historical endpoint with parameters for commodity (WTI, Brent), date range, and interval (daily, weekly, monthly). Start with 7-day free trial, then upgrade for unlimited access.

What intervals are available for historical oil data?

Historical oil price data is available in multiple intervals: daily prices (most granular), weekly averages, monthly averages, and yearly summaries. Each interval serves different analysis needs from day trading to long-term trend analysis.

What's the difference between WTI and Brent historical prices?

WTI (West Texas Intermediate) and Brent crude are both oil benchmarks but trade at different prices. WTI is the US benchmark priced at Cushing, Oklahoma, while Brent is the international benchmark from the North Sea. Historically, Brent trades $2-5 higher than WTI, though this spread varies.

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