This statistic shows the average annual futures contract 4 price for Cushing Oklahoma crude oil between 1990 and 2019. In 2019, the futures contract 4 price for this crude came to 57.11 U.S. dollars per barrel.
Average annual crude oil futures contract four prices in the U.S. from 1990 to 2019 (U.S. dollars per barrel)*
* All prices refer to light sweet oil from Cushing, Oklahoma, traded at the New York Mercantile Exchange, U.S. Contracts 2-4 represent the successive delivery months following Contract 1. Contract 1 is a futures contract specifying the earliest delivery date. For crude oil, each contract expires on the third business day prior to the 25th calendar day of the month preceding the delivery month. If the 25th calendar day of the month is a non-business day, trading ceases on the third business day prior to the business day preceding
the 25th calendar day. After a contract expires, Contract 1 for the remainder of that calendar month is the second following month.
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EIA. (August 19, 2020). Average annual crude oil futures contract four prices in the U.S. from 1990 to 2019 (U.S. dollars per barrel)* [Graph]. In Statista. Retrieved July 18, 2024, from https://www.statista.com/statistics/209584/average-annual-futures-contract-4-price-of-crude-oil/?session=ef8f351386bece0df69486d8209906b9
EIA. "Average annual crude oil futures contract four prices in the U.S. from 1990 to 2019 (U.S. dollars per barrel)*." Chart. August 19, 2020. Statista. Accessed July 18, 2024. https://www.statista.com/statistics/209584/average-annual-futures-contract-4-price-of-crude-oil/?session=ef8f351386bece0df69486d8209906b9
EIA. (2020). Average annual crude oil futures contract four prices in the U.S. from 1990 to 2019 (U.S. dollars per barrel)*. Statista. Statista Inc.. Accessed: July 18, 2024. https://www.statista.com/statistics/209584/average-annual-futures-contract-4-price-of-crude-oil/?session=ef8f351386bece0df69486d8209906b9
EIA. "Average Annual Crude Oil Futures Contract Four Prices in The U.S. from 1990 to 2019 (U.S. Dollars per Barrel)*." Statista, Statista Inc., 19 Aug 2020, https://www.statista.com/statistics/209584/average-annual-futures-contract-4-price-of-crude-oil/?session=ef8f351386bece0df69486d8209906b9
EIA, Average annual crude oil futures contract four prices in the U.S. from 1990 to 2019 (U.S. dollars per barrel)* Statista, https://www.statista.com/statistics/209584/average-annual-futures-contract-4-price-of-crude-oil/?session=ef8f351386bece0df69486d8209906b9 (last visited July 18, 2024)
Average annual crude oil futures contract four prices in the U.S. from 1990 to 2019 (U.S. dollars per barrel)* [Graph], EIA, August 19, 2020. [Online]. Available: https://www.statista.com/statistics/209584/average-annual-futures-contract-4-price-of-crude-oil/?session=ef8f351386bece0df69486d8209906b9