What Is The Cheapest Oil Has Ever Been?
What Is The Cheapest Oil Has Ever Been? On 23 December 2008, WTI crude oil spot price fell to US$30.28 a barrel, the lowest since the financial crisis of 2007–2008 began. What was the price of a barrel of oil in 1965? Annual Average Domestic Crude Oil Prices (in $/Barrel) 1946-Present 1965$3.01$26.12 1966 $3.10 $26.13