Infographic of the Day: Crude Oil Price History

The chart shows data between 1946 and 2015.

The Macrotrends website, which investigates trends in macroeconomics, published an interactive chart Crude Oil Price History, which visualizes the history of rises and falls of WTI crude oil prices between 1946 and 2015. The authors based the chart on data released by the Energy Information Administration at the Us Department of Energy.

By default, the chart shows a curve for the whole period, adjusted for inflation, but viewers can also choose to view data for a certain time period. The chart also points to large economic crisis, which led to the rapid decrease in the price of crude oil.

Cover photo: Depositphotos

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