Crude Oil (WTI) CL=F
Commodity · compare against everything else
10,256 tracked days · 1986-01-02 to 2026-09-17 · refreshed daily
Record high 145.3 on 2008-07-03; lowest close -37.6300 on 2020-04-20. Since 1986 the level is up 4.0× in price; in 2026 money it is 1.3×, or +0.7% a year after inflation.
Where it comes from
Share of world oil production, 1900 to 2025, across 102 producing countries. United States produces 19% of the world’s oil today, against 71% at its peak in 1927. Prices are set globally; the ground is not.
| Producer | 2025 share | 1980 | Peak share |
|---|---|---|---|
| United States | 19% | 16% +3.4 | 71% in 1927 |
| Saudi Arabia | 11% | 16% -5.1 | 17% in 1981 |
| Russian Federation | 11% | —% | 19% in 1985 |
| Canada | 6.4% | 2.7% +3.7 | 6.4% in 2025 |
| Iran, Islamic Rep. | 5.2% | 2.4% +2.8 | 11% in 1974 |
| China | 4.6% | 3.4% +1.2 | 5.1% in 2010 |
| Iraq | 4.6% | 4.2% +0.3 | 5.3% in 1979 |
| Brazil | 4.3% | 0.3% +4.0 | 4.3% in 2025 |
| United Arab Emirates | 4.0% | 2.7% +1.3 | 4.2% in 2022 |
| Kuwait | 2.9% | 2.8% +0.0 | 8.2% in 1964 |
Our World in Data (CC BY 4.0), compiled from the Energy Institute Statistical Review of World Energy and the US Energy Information Administration. Output is measured in TWh of energy content, so shares are comparable across fuels. Named countries account for 98.8% of the 2025 world total; the remainder is output the source reports only inside regional aggregates rather than by country.
About this series
Closing levels, one point per trading day. US Energy Information Administration daily spot via FRED (to 2000-08-22) + Yahoo Finance chart API. Yahoo's continuous front-month contract begins in 2000, so the earlier years are the EIA's daily Cushing spot price, public domain. The two instruments are not identical, but across 6,502 overlapping days they diverge by a median of 0.12% (ninth decile 1.24%), so the single seam at 2000-08-23 is smaller than a normal day's move. Prices are in US dollars. Where the long history is stitched from more than one instrument the join is named above, with the divergence across the overlapping days measured rather than asserted. They are quoted nominally by default, with a Real toggle that deflates by US CPI, because this is priced in US dollars (World Bank FP.CPI.TOTL, US series extended to 1913 from the BLS via FRED) and expresses the whole history in 2026 money. Inflation data is annual, so the deflator is interpolated between mid-year points, and the real view begins in 1913, where that CPI record starts. None of this is investment advice; all of it is geography with a time axis.