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Oil Price (WTI) in 1992

The oil price (WTI) rose 1.8% in 1992, from $19.15 at the end of 1991 to $19.49. Its highest close was $23.03 on Jun 24, and its lowest $17.89 on Jan 9. The biggest one-day fall was −6.6% on Feb 18 and the biggest rise +4.9% on May 26. Adjusted for inflation, it lost 1.1%.

Change in 1992
+1.8%
$19.15 → $19.49
High
$23.03
Jun 24
Low
$17.89
Jan 9
After inflation
−1.1%
US CPI
Up days
120 of 254
longest run 4 up, 6 down
Below record
-52.5%
at the end of 1992

Oil Price (WTI), daily closes 1992

Numbers mark the events below
$18$20$23JanFebMarAprMayJunJulAugSepOctNovDec1Jan 9: Bear market low: $17.89, 25.8% below the peak.2Feb 18: Biggest one-day fall of the year: −6.6%.3May 26: Biggest one-day rise of the year: +4.9%.

Key Events in 1992

What happened, and how the WTI oil moved — on the day (or the next trading day) and about a month later.

  1. 1
    Thursday, January 9 From the data
    Bear market low: $17.89, 25.8% below the peak.
  2. 2
    Tuesday, February 18 From the data
    Biggest one-day fall of the year: −6.6%.
  3. 3
    Tuesday, May 26 From the data
    Biggest one-day rise of the year: +4.9%.

Biggest days of 1992

Best daysWorst days
May 26+4.9%Feb 18−6.6%
Jan 27+3.2%Jan 8−4.1%
Aug 24+3.1%Jan 7−2.7%
May 21+2.9%Mar 20−2.5%
Jan 13+2.8%Dec 8−2.5%

Volatility: 20.1% (annualised standard deviation of daily changes).

Month by month

MonthCloseChangeHighLow
Jan$18.93−1.1%$19.43$17.89
Feb$18.69−1.3%$19.91$18.14
Mar$19.49+4.3%$19.49$18.36
Apr$20.88+7.1%$20.88$19.79
May$22.13+6.0%$22.13$20.12
Jun$21.84−1.3%$23.03$21.84
Jul$21.830.0%$22.11$21.25
Aug$21.46−1.7%$21.85$21.00
Sep$21.83+1.7%$22.39$21.51
Oct$20.68−5.3%$22.37$20.68
Nov$19.91−3.7%$20.77$19.91
Dec$19.49−2.1%$19.97$18.69

Other Markets in 1992

Change over the calendar year.

MarketChangeYear-end
Oil Price (WTI)+1.8%$19.49
Dow Jones Industrial Average in 1992+4.2%3,301.11
S&P 500 in 1992+4.5%435.71
Nasdaq Composite in 1992+15.5%676.95
Russell 2000 in 1992+16.4%221.01
Nikkei 225 in 1992−26.4%16,925.00
Gold in 1992−5.7%$332.90
Silver in 1992−4.9%$3.67
Brent crude oil in 1992+0.6%$17.85
US 10-year Treasury yield in 1992−0.01 pp6.70%
1990199119921993199419951996199719981999

Oil Price (WTI) in 1992: FAQ

How much did the oil price (WTI) rise in 1992?

The oil price (WTI) rose 1.8% in 1992, from $19.15 at the end of 1991 to $19.49. Its highest close was $23.03 on Jun 24, and its lowest $17.89 on Jan 9. The biggest one-day fall was −6.6% on Feb 18 and the biggest rise +4.9% on May 26. Adjusted for inflation, it lost 1.1%.

What were the highest and lowest closes of the oil price (WTI) in 1992?

Highest: $23.03 on June 24, 1992. Lowest: $17.89 on January 9, 1992. It closed higher on 120 of 254 trading days.

Data: WTI Cushing spot price (EIA via FRED) from 1986, NYMEX front-month futures closes after that. Inflation: US CPI-U. Events marked "From the data" are found automatically from the closing prices; the others are researched, with the source linked. Not investment advice.