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The average price of crude oil (West Texas Intermediate) sold in the US market in March 1981 (when the world was suffering from the 2nd
The average price of crude oil (West Texas Intermediate) sold in the US market in March 1981 (when the world was suffering from the 2nd Oil Shock) was $39.58/ barrel (not adjusted for inflation). In addition, During June 2008, the average price of crude oil was $133.88/barrel. During July 2018, the average price of crude oil was $70.98/barrel
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Basic Econometrics
Authors: Damodar N. Gujrati, Dawn C. Porter
5th edition
73375772, 73375779, 978-0073375779
