World Oil & Gas Rig Count

This dataset provides a detailed daily history of WTI (West Texas Intermediate) crude oil prices. It captures major market movements across economic recoveries, geopolitical shocks, supply-demand shifts, and seasonal fluctuations that shaped global oil dynamics. Early values in 2021 show WTI climbing steadily from the mid-$40s into the $60–70 range, later surging above $100 during the 2022 commodity spike. The series then tracks the normalization period throughout 2023 and 2024, where prices stabilized mostly between $70 and $85, reflecting balanced market fundamentals. In 2025, prices begin trending lower, signaling softer demand and ongoing supply growth. The latest recorded value—$58.55 on November 28, 2025—marks one of the lowest points in years, highlighting a significant downward shift and suggesting increasing market pressure or oversupply conditions in the most recent period.