Opec Crude Oil Price History Chart Home Are Plunging Oil Prices a Positive or a Negative?, Liz Ann Sonders, November 3, 2014". ^ Jensen, Nathan; Wantchekon, Leonard (2004-09-01).Chris Amstutz The holidays are a time for being thankful for family, friends, and the recent slump in oil prices. History of crude oil trading: from 19th century to the ... Nov 07, 2019 · By 2023, the oil market might be tightened, due to the increased risk of price volatility. Crude oil price history. In terms of historical price action, crude oil hit its all-time high of $145.31 per barrel in July 2008. The commodity’s record low of $1.17 happened in February 1946. In 2018, the average US crude price was fluctuating around