The barrel price of oil is likely to ascend to $200 in 5 years time. Crude oil barrel historical and projected prices at current (data in black) and constant 2008 dollars (data in blue) - [see Oil prices up & reserves down].
Brent Crude Oil (BC) | |||
Date |
US GDP Deflator |
Barrel Price |
|
| 2008 = 100 | Current $US | Constant 2008 $US | |
| Sep-90 | 66.63 | 28.00 | 42.02 |
| Dec-90 | 67.13 | 29.00 | 43.20 |
| Mar-91 | 67.92 | 19.00 | 27.97 |
| Jun-91 | 68.36 | 19.00 | 27.79 |
| Sep-91 | 68.85 | 19.00 | 27.60 |
| Dec-91 | 69.21 | 20.00 | 28.90 |
| Mar-92 | 69.63 | 17.50 | 25.13 |
| Jun-92 | 70.01 | 21.00 | 30.00 |
| Sep-92 | 70.32 | 20.00 | 28.44 |
| Dec-92 | 70.69 | 19.00 | 26.88 |
| Mar-93 | 71.24 | 19.00 | 26.67 |
| Jun-93 | 71.63 | 18.50 | 25.83 |
| Sep-93 | 71.94 | 17.50 | 24.33 |
| Dec-93 | 72.32 | 14.50 | 20.05 |
| Mar-94 | 72.76 | 13.50 | 18.55 |
| Jun-94 | 73.06 | 16.20 | 22.17 |
| Sep-94 | 73.53 | 16.20 | 22.03 |
| Dec-94 | 73.88 | 17.00 | 23.01 |
| Mar-95 | 74.34 | 16.80 | 22.60 |
| Jun-95 | 74.61 | 17.50 | 23.45 |
| Sep-95 | 74.96 | 16.20 | 21.61 |
| Dec-95 | 75.32 | 18.00 | 23.90 |
| Mar-96 | 75.80 | 17.00 | 22.43 |
| Jun-96 | 76.07 | 18.00 | 23.66 |
| Sep-96 | 76.31 | 20.50 | 26.86 |
| Dec-96 | 76.72 | 23.00 | 29.98 |
| Mar-97 | 77.21 | 18.50 | 23.96 |
| Jun-97 | 77.33 | 19.50 | 25.22 |
| Sep-97 | 77.60 | 18.20 | 23.45 |
| Dec-97 | 77.85 | 18.00 | 23.12 |
| Mar-98 | 78.05 | 14.00 | 17.94 |
| Jun-98 | 78.18 | 14.10 | 18.04 |
| Sep-98 | 78.46 | 12.50 | 15.93 |
| Dec-98 | 78.73 | 10.20 | 12.96 |
| Mar-99 | 79.05 | 11.50 | 14.55 |
| Jun-99 | 79.33 | 11.50 | 14.50 |
| Sep-99 | 79.61 | 20.50 | 25.75 |
| Dec-99 | 79.95 | 24.00 | 30.02 |
| Mar-00 | 80.67 | 29.00 | 35.95 |
| Jun-00 | 81.02 | 28.50 | 35.18 |
| Sep-00 | 81.43 | 31.80 | 39.05 |
| Dec-00 | 81.77 | 32.50 | 39.75 |
| Mar-01 | 82.42 | 26.00 | 31.54 |
| Jun-01 | 83.05 | 28.50 | 34.32 |
| Sep-01 | 83.40 | 27.00 | 32.38 |
| Dec-01 | 83.82 | 20.00 | 23.86 |
| Mar-02 | 84.12 | 22.00 | 26.15 |
| Jun-02 | 84.42 | 24.00 | 28.43 |
| Sep-02 | 84.74 | 27.00 | 31.86 |
| Dec-02 | 85.21 | 25.50 | 29.93 |
| Mar-03 | 85.87 | 33.00 | 38.43 |
| Jun-03 | 86.15 | 27.00 | 31.34 |
| Sep-03 | 86.59 | 29.00 | 33.49 |
| Dec-03 | 87.06 | 28.50 | 32.73 |
| Mar-04 | 87.86 | 33.00 | 37.56 |
| Jun-04 | 88.68 | 39.00 | 43.98 |
| Sep-04 | 89.18 | 42.00 | 47.10 |
| Dec-04 | 89.89 | 42.00 | 46.72 |
| Mar-05 | 90.78 | 50.00 | 55.08 |
| Jun-05 | 91.25 | 53.00 | 58.08 |
| Sep-05 | 92.16 | 68.00 | 73.78 |
| Dec-05 | 93.02 | 55.00 | 59.13 |
| Mar-06 | 93.84 | 63.50 | 67.67 |
| Jun-06 | 94.48 | 70.00 | 74.09 |
| Sep-06 | 95.12 | 69.50 | 73.07 |
| Dec-06 | 95.63 | 65.00 | 67.97 |
| Mar-07 | 96.62 | 61.00 | 63.13 |
| Jun-07 | 97.10 | 68.00 | 70.03 |
| Sep-07 | 97.47 | 74.00 | 75.92 |
| Dec-07 | 98.07 | 88.00 | 89.73 |
| Mar-08 | 98.69 | 100.00 | 101.32 |
| Jun-08 | 99.00 | 128.00 | 129.29 |
| Sep-08 | 100.00 | 110.00 | 110.00 |
| Oct-08 | 76.40 | 76.40 | |
Sources: see Sources of data
