Economy · Oil and natural gas

Brent Crude Oil Price (since 1987)

YearAverageYear close
1987$18.55$17.60
1988$14.89$16.23
1989$18.21$21.05
1990$23.78$28.35
1991$20.03$17.75
1992$19.31$17.85
1993$17.22$13.18
1994$15.82$15.65
1995$17.04$18.65
1996$20.87$23.90
1997$19.24$16.01
1998$12.73$10.54

Source: FRED DCOILBRENTEU (Crude Oil Prices: Brent - Europe). Federal Reserve Bank of St. Louis.

Gray bands mark U.S. recessions as dated by the NBER (FRED USREC).

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