Gold4,126.00−0.32%Silver57.51−0.75%Platinum1,617.06−0.81%Palladium1,081.61−1.11%
Gold/Silver71.74
DXY101.68−0.10%
US10Y5.15%+0.57%
WTI97.96+0.83%
S&P 5007,757+0.58%
Dow52,856+0.69%
Bitcoin84,051+1.34%
VIX16.68−3.64%

Oil Price (WTI) in 2015

The oil price (WTI) fell 30.7% in 2015, from $53.45 at the end of 2014 to $37.04. Its highest close was $61.43 on Jun 10, and its lowest $34.73 on Dec 18. The biggest one-day fall was −8.7% on Feb 4 and the biggest rise +10.3% on Aug 27. Adjusted for inflation, it lost 31.2%.

Change in 2015
−30.7%
$53.45 → $37.04
High
$61.43
Jun 10
Low
$34.73
Dec 18
After inflation
−31.2%
US CPI
Up days
110 of 252
longest run 6 up, 6 down
Below record
-74.5%
at the end of 2015

Oil Price (WTI), daily closes 2015

Numbers mark the events below
$37$48$59JanFebMarAprMayJunJulAugSepOctNovDec1Jan 22: ECB announces quantitative easing with combined asset purchases of 60 billion euros per month.2Jan 28: Bear market low: $44.08, 60.2% below the peak.3Feb 4: Biggest one-day fall of the year: −8.7%.4Jul 5: Greek voters reject the bailout terms of international creditors in a referendum, 61% to 39%.5Jul 23: Enters a bear market: 20% below its peak of $61.43 (June 10, 2015).6Aug 11: People's Bank of China devalues the yuan by 1.86% against the dollar.7Aug 24: Bear market low: $38.24, 37.8% below the peak.8Aug 27: Biggest one-day rise of the year: +10.3%.9Dec 7: Enters a bear market: 20% below its peak of $49.63 (October 9, 2015).10Dec 18: President Obama signs legislation ending the 40-year US ban on crude oil exports.

Key Events in 2015

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 22
    ECB announces quantitative easing with combined asset purchases of 60 billion euros per month. Source
    WTI oil: −4.0% that day · +4.4% a month later
  2. 2
    Wednesday, January 28 From the data
    Bear market low: $44.08, 60.2% below the peak.
  3. 3
    Wednesday, February 4 From the data
    Biggest one-day fall of the year: −8.7%.
  4. 4
    Sunday, July 5
    Greek voters reject the bailout terms of international creditors in a referendum, 61% to 39%. Source
    WTI oil: −7.7% next trading day (Jul 6) · −20.7% a month later
  5. 5
    Thursday, July 23 From the data
    Enters a bear market: 20% below its peak of $61.43 (June 10, 2015).
  6. 6
    Tuesday, August 11
    People's Bank of China devalues the yuan by 1.86% against the dollar. Source
    WTI oil: −4.2% that day · −1.8% a month later
  7. 7
    Monday, August 24 From the data
    Bear market low: $38.24, 37.8% below the peak.
  8. 8
    Thursday, August 27 From the data
    Biggest one-day rise of the year: +10.3%.
  9. 9
    Monday, December 7 From the data
    Enters a bear market: 20% below its peak of $49.63 (October 9, 2015).
  10. 10
    Friday, December 18
    President Obama signs legislation ending the 40-year US ban on crude oil exports. Source
    WTI oil: −0.6% that day · −24.0% a month later

Biggest days of 2015

Best daysWorst days
Aug 27+10.3%Feb 4−8.7%
Aug 31+8.8%Jul 6−7.7%
Jan 30+8.3%Sep 1−7.7%
Feb 3+7.7%Apr 8−6.6%
Oct 28+6.3%Dec 7−5.8%

Volatility: 47.1% (annualised standard deviation of daily changes).

Month by month

MonthCloseChangeHighLow
Jan$47.79−10.6%$52.72$44.08
Feb$49.84+4.3%$53.56$47.65
Mar$47.60−4.5%$51.53$43.46
Apr$59.63+25.3%$59.63$49.14
May$60.30+1.1%$60.93$57.26
Jun$59.47−1.4%$61.43$58.00
Jul$47.12−20.8%$56.96$47.12
Aug$49.20+4.4%$49.20$38.24
Sep$45.09−8.4%$47.15$44.00
Oct$46.59+3.3%$49.63$43.20
Nov$41.65−10.6%$47.90$40.39
Dec$37.04−11.1%$41.85$34.73

Other Markets in 2015

Change over the calendar year.

MarketChangeYear-end
Oil Price (WTI)−30.7%$37.04
Dow Jones Industrial Average in 2015−2.2%17,425.03
S&P 500 in 2015−0.7%2,043.94
Nasdaq Composite in 2015+6.6%5,047.04
Russell 2000 in 2015−5.7%1,135.89
Nikkei 225 in 2015+9.1%19,033.71
Gold in 2015−10.4%$1,060.80
Silver in 2015−11.3%$13.84
Brent crude oil in 2015−35.0%$37.28
US 10-year Treasury yield in 2015+0.10 pp2.27%

Oil Price (WTI) in 2015: FAQ

How much did the oil price (WTI) fall in 2015?

The oil price (WTI) fell 30.7% in 2015, from $53.45 at the end of 2014 to $37.04. Its highest close was $61.43 on Jun 10, and its lowest $34.73 on Dec 18. The biggest one-day fall was −8.7% on Feb 4 and the biggest rise +10.3% on Aug 27. Adjusted for inflation, it lost 31.2%.

What were the highest and lowest closes of the oil price (WTI) in 2015?

Highest: $61.43 on June 10, 2015. Lowest: $34.73 on December 18, 2015. It closed higher on 110 of 252 trading days.

What happened to the oil price (WTI) on July 5, 2015?

Greek voters reject the bailout terms of international creditors in a referendum, 61% to 39%. The oil price (WTI) fell 7.7% on the next trading day (July 6, 2015), and was −20.7% 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.