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Summary
DescriptionWTI crude oil prices in recent 10 years.svg
English: The chart in the figure shows the change in WTI oil prices between 2013 and 2023 (data availability by CNBC).
The x-axis of the graph shows dots of different colours for each year, representing the start price, end price, and the highest and lowest prices for each year. y-axis represents the price of oil in US dollars per barrel. Each year is accompanied by an arrow representing the trend in oil prices for that year.
Analysing the graph, you can see that the price of oil has slowly returned to the level of a decade ago after a rapid decline. You can also see that oil prices reach a stage low in 2020 due to COVID-19.
The chart was created by analysing WTI Crude data provided by CNBC. The chart was generated via charticulator production and then exported as SVG. Legend was then added to the inside of the chart in Illustrator and the size and legend were adjusted to optimise readability.
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