Brent Crude Oil Prices - Historical Chart

in #money7 years ago (edited)

looking over the last 100 years you can see the market for Brent Oil prices

The price of oil shown is adjusted for inflation using the headline CPI .

Brent Crude is a major trading classification of sweet light crude oil that serves as a major benchmark price for purchases of oil worldwide. The current price for Brent oil is $51.94 looking at the market with the CPI and inflation adjusted you see what your actual purchasing power really is. I wanted to shed some light on Brent oil and open up discussion for it.

brent wood 1913-2017.jpg

So what do you think about Brent oil prices over the years?
Thank you for reading and have a wonderful day!

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Interesting topic!

yes today I am taking about oil and how the dollar is falling in value causing this market to basically crash like it does.

do you follow any charts for oil or commodities?

i know the world can't function without oil.

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