This statistic shows the average annual futures contract 2 price for Cushing Oklahoma crude oil between 1990 and 2016. In 1990, the futures contract 2 price for this crude came to 24.33 U.S. dollars per barrel.
Average annual crude oil futures contract two prices in the U.S. from 1990 to 2016 (U.S. dollars per barrel)*
* All prices refer to light sweet oil from Cushing, Oklahoma. 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.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
EIA. (November 29, 2017). Average annual crude oil futures contract two prices in the U.S. from 1990 to 2016 (U.S. dollars per barrel)* [Graph]. In Statista. Retrieved July 16, 2024, from https://www.statista.com/statistics/209579/average-annual-futures-contract-2-price-of-crude-oil/
EIA. "Average annual crude oil futures contract two prices in the U.S. from 1990 to 2016 (U.S. dollars per barrel)*." Chart. November 29, 2017. Statista. Accessed July 16, 2024. https://www.statista.com/statistics/209579/average-annual-futures-contract-2-price-of-crude-oil/
EIA. (2017). Average annual crude oil futures contract two prices in the U.S. from 1990 to 2016 (U.S. dollars per barrel)*. Statista. Statista Inc.. Accessed: July 16, 2024. https://www.statista.com/statistics/209579/average-annual-futures-contract-2-price-of-crude-oil/
EIA. "Average Annual Crude Oil Futures Contract Two Prices in The U.S. from 1990 to 2016 (U.S. Dollars per Barrel)*." Statista, Statista Inc., 29 Nov 2017, https://www.statista.com/statistics/209579/average-annual-futures-contract-2-price-of-crude-oil/
EIA, Average annual crude oil futures contract two prices in the U.S. from 1990 to 2016 (U.S. dollars per barrel)* Statista, https://www.statista.com/statistics/209579/average-annual-futures-contract-2-price-of-crude-oil/ (last visited July 16, 2024)
Average annual crude oil futures contract two prices in the U.S. from 1990 to 2016 (U.S. dollars per barrel)* [Graph], EIA, November 29, 2017. [Online]. Available: https://www.statista.com/statistics/209579/average-annual-futures-contract-2-price-of-crude-oil/
