The Cost of a Barrel of Oil in Real U.S. Dollar Terms

The Cost of a Barrel of Oil in Real U.S. Dollar Terms This chart puts into perspective the real price of oil in U.S. dollar terms since 1870. U.S. oil prices turned negative for the first time in history. Image: Deutsche Bank

Oil Demand by Sector

Oil Demand by Sector It may take a while for oil demand to rebound, as cars and trucks account for 40% of oil demand. Image: Deutsche Bank Global Research

WTI Crude Oil Plunges Below Zero

WTI Crude Oil Plunges Below Zero This chart shows the price of WTI crude oil below zero for the first time in history. Image: Financial Times

Breakeven Prices for Existing U.S. Oil Wells

Breakeven Prices for Existing U.S. Oil Wells Breakeven prices for existing U.S. oil wells highlights that the current WTI oil price is too low for oil companies to make a decent return. Image: Federal Reserve Bank of Dallas Energy Survey

Gold to Oil Ratio at All Time Highs

Gold to Oil Ratio at All Time Highs This chart suggests that the gold to oil ratio is not expected to remain at these levels for long. Image: The Daily Shot

Estimated Contraction in Global Oil Demand by Product

Estimated Contraction in Global Oil Demand by Product Global oil demand is expected to see its first quarterly contraction in over a decade, due to the coronavirus pandemic. Image: J.P. Morgan Commodities Research

Global Crude Oil Demand

Global Crude Oil Demand Global demand for crude oil has fallen off a cliff, as the coronavirus pandemic spreads in the U.S. and around the world. Image: The Wall Street Journal

Brent Prices Forecast (Oil)

Brent Prices Forecast (Oil) Chart suggesting brent prices forced lower in 2020, and then move above $60/bbl next year. Image: BCA Research