Gold4,019.32−0.12%Silver54.20−0.72%Platinum1,574.11+0.41%Palladium1,056.33−0.01%
Gold/Silver74.15
DXY101.66+0.05%
US10Y4.95%−3.75%
WTI100.35+0.88%
S&P 5007,663−1.21%
Dow52,868+0.02%
Bitcoin81,768+0.56%
VIX19.03+14.09%

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%.

Change in 2013
+6.9%
$91.83 → $98.17
High
$110.62
Sep 6
Low
$86.65
Apr 17
After inflation
+5.3%
US CPI
Up days
133 of 252
longest run 8 up, 5 down
Below record
-32.4%
at the end of 2013

Oil Price (WTI), daily closes 2013

Numbers mark the events below
$89$99$108JanFebMarAprMayJunJulAugSepOctNovDec1Mar 25: Cyprus agrees a 10 billion euro international bailout that closes Laiki Bank and imposes losses on uninsured deposits.2May 2: Biggest one-day rise of the year: +3.3%.3Jun 20: Biggest one-day fall of the year: −3.4%.4Aug 28: Back above its pre-bear-market peak of $109.39 (February 24, 2012).

Key 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. 1
    Monday, March 25
    Cyprus agrees a 10 billion euro international bailout that closes Laiki Bank and imposes losses on uninsured deposits. Source
    WTI oil: +1.2% that day · −4.5% a month later
  2. 2
    Thursday, May 2 From the data
    Biggest one-day rise of the year: +3.3%.
  3. 3
    Thursday, June 20 From the data
    Biggest one-day fall of the year: −3.4%.
  4. 4
    Wednesday, August 28 From the data
    Back above its pre-bear-market peak of $109.39 (February 24, 2012).

Biggest days of 2013

Best daysWorst 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

MonthCloseChangeHighLow
Jan$97.65+6.3%$97.98$92.97
Feb$92.03−5.8%$97.48$92.03
Mar$97.24+5.7%$97.24$90.13
Apr$93.22−4.1%$97.23$86.65
May$91.93−1.4%$96.29$90.74
Jun$96.36+4.8%$98.46$93.36
Jul$105.10+9.1%$108.00$97.94
Aug$107.98+2.7%$110.17$103.45
Sep$102.36−5.2%$110.62$102.36
Oct$96.29−5.9%$104.15$96.29
Nov$92.55−3.9%$95.35$92.05
Dec$98.17+6.1%$99.94$93.61

Other Markets in 2013

Change over the calendar year.

MarketChangeYear-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 20130.0%$110.80
US 10-year Treasury yield in 2013+1.26 pp3.04%

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.