The Price of Oil Roberto F. Aguilera, Marian Radetzki
Publisher: Cambridge University Press

They have since recovered slightly. Houston's Baker Hughes said Friday that 578 rigs were seeking oil and 197 explored for natural gas. Read on to find out what moves them and why. Saudi Arabia's oil minister has turned to divinity over the issue of slumping prices in oil, claiming that “it's up to Allah”. It's a fair bet that most of what you think you know about oil prices is wrong. Oil prices collapsed from over $100 per a barrel last summer to as low as $38 this August. The price of oil has dropped to a 6 1/2 year low. These estimates were based on an oil price of $113 dollars a barrel, around the level prior to the severe slide that set in in last June. Changes in the price of oil aren't arbitrary. Price in US Dollars per Barrel. Find out where oil prices are headed in 2015 and what's moving the price of oil, with expert analysis, updates, and latest oil price news. I used to be an oil trader a while ago (trading mainly in oil ETFs/funds). Monthly price chart and freely downloadable data for Crude Oil (petroleum); West Texas Intermediate. 1 Week Crude Oil prices and Crude Oil price charts on InvestmentMine.