Oil Price (WTI) in 2013
The oil price (WTI) rose 6.9% in 2013, from $91.83 at the end of 2012 to $98.17. Its highest close was $110.62 on Sep 6, and its lowest $86.65 on Apr 17. The biggest one-day fall was −3.4% on Jun 20 and the biggest rise +3.3% on May 2. Adjusted for inflation, it gained 5.3%.
Oil Price (WTI), daily closes 2013
Numbers mark the events belowKey Events in 2013
What happened, and how the WTI oil moved — on the day (or the next trading day) and about a month later.
- 1
Monday, March 25Cyprus agrees a 10 billion euro international bailout that closes Laiki Bank and imposes losses on uninsured deposits. SourceWTI oil: +1.2% that day · −4.5% a month later
- 2
Thursday, May 2 From the dataBiggest one-day rise of the year: +3.3%.
- 3
Thursday, June 20 From the dataBiggest one-day fall of the year: −3.4%.
- 4
Wednesday, August 28 From the dataBack above its pre-bear-market peak of $109.39 (February 24, 2012).
Biggest days of 2013
| Best days | Worst days | ||
|---|---|---|---|
| May 2 | +3.3% | Jun 20 | −3.4% |
| Aug 27 | +3.1% | Apr 15 | −2.7% |
| Jul 10 | +2.9% | May 1 | −2.7% |
| Sep 18 | +2.7% | Apr 12 | −2.4% |
| Aug 1 | +2.7% | Apr 17 | −2.3% |
Volatility: 18.2% (annualised standard deviation of daily changes).
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | $97.65 | +6.3% |
| Feb | $92.03 | −5.8% |
| Mar | $97.24 | +5.7% |
| Apr | $93.22 | −4.1% |
| May | $91.93 | −1.4% |
| Jun | $96.36 | +4.8% |
| Jul | $105.10 | +9.1% |
| Aug | $107.98 | +2.7% |
| Sep | $102.36 | −5.2% |
| Oct | $96.29 | −5.9% |
| Nov | $92.55 | −3.9% |
| Dec | $98.17 | +6.1% |
Other Markets in 2013
Change over the calendar year.
| Market | Change | Year-end |
|---|---|---|
| Oil Price (WTI) | +6.9% | $98.17 |
| Dow Jones Industrial Average in 2013 | +26.5% | 16,576.66 |
| S&P 500 in 2013 | +29.6% | 1,848.36 |
| Nasdaq Composite in 2013 | +38.3% | 4,176.59 |
| Russell 2000 in 2013 | +37.0% | 1,163.64 |
| Nikkei 225 in 2013 | +56.7% | 16,291.31 |
| Gold in 2013 | −27.5% | $1,202.30 |
| Silver in 2013 | −35.3% | $19.37 |
| Brent crude oil in 2013 | 0.0% | $110.80 |
| US 10-year Treasury yield in 2013 | +1.26 pp | 3.04% |
Oil Price (WTI) in 2013: FAQ
How much did the oil price (WTI) rise in 2013?
The oil price (WTI) rose 6.9% in 2013, from $91.83 at the end of 2012 to $98.17. Its highest close was $110.62 on Sep 6, and its lowest $86.65 on Apr 17. The biggest one-day fall was −3.4% on Jun 20 and the biggest rise +3.3% on May 2. Adjusted for inflation, it gained 5.3%.
What were the highest and lowest closes of the oil price (WTI) in 2013?
Highest: $110.62 on September 6, 2013. Lowest: $86.65 on April 17, 2013. It closed higher on 133 of 252 trading days.
What happened to the oil price (WTI) on March 25, 2013?
Cyprus agrees a 10 billion euro international bailout that closes Laiki Bank and imposes losses on uninsured deposits. The oil price (WTI) rose 1.2% that day, and was −4.5% a month later.
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.