I found this chart (Historical Oil Prices Chart) to be a bit different from the usual discussion of oil prices. It’s an attempt to adjust historic prices to July 2017 economic conditions. read more
The price of a barrel of crude oil reached its highest 2008 price in the month of July when it hit $128.08 per barrel. read more
The price of oil shown is adjusted for inflation using the headline CPI and is shown by default on a logarithmic scale. The current month is updated on an hourly basis with today's latest value. The current price of WTI crude oil as of June 22, 2018 is $69.23 per barrel. read more