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Annual Oil Market Chronology
Country Analysis Briefs
Overview
This chronology was originally published by the Department of Energy's Office of the Strategic Petroleum Reserve, Analysis Division. Updates for 1995-2006 are from the Energy Information Administration. Please click here for the latest monthly chronology and for a more detailed chronology for past years.

World Nominal Oil Price Chronology: 1970-2007

1.The price data graphed above are in nominal terms, i.e., they are in "dollars-of-the-day" and have not been adjusted for inflation. Clicking the picture above will enable you to access oil prices in real terms that are adjusted for inflation. Historical and forecast real and nominal crude oil and gasoline price information is maintained on a more frequent basis on the Short Term Energy Outlook Webpage..

More detail for events 2000-2007 here.

Original concept for the chart was by the Analysis Division in the Office of Management Operations; Strategic Petroleum Reserve. Modified and updated by the Office of Energy Markets and End Use in the Energy Information Administration.

Country Analysis Briefs

July 2008
Overview
1970s
1980s
1990s
2000s
Sources
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