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%.
Oil Price (WTI), daily closes 2015
Numbers mark the events belowKey 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
Thursday, January 22ECB announces quantitative easing with combined asset purchases of 60 billion euros per month. SourceWTI oil: −4.0% that day · +4.4% a month later
- 2
Wednesday, January 28 From the dataBear market low: $44.08, 60.2% below the peak.
- 3
Wednesday, February 4 From the dataBiggest one-day fall of the year: −8.7%.
- 4
Sunday, July 5Greek voters reject the bailout terms of international creditors in a referendum, 61% to 39%. SourceWTI oil: −7.7% next trading day (Jul 6) · −20.7% a month later
- 5
Thursday, July 23 From the dataEnters a bear market: 20% below its peak of $61.43 (June 10, 2015).
- 6
Tuesday, August 11People's Bank of China devalues the yuan by 1.86% against the dollar. SourceWTI oil: −4.2% that day · −1.8% a month later
- 7
Monday, August 24 From the dataBear market low: $38.24, 37.8% below the peak.
- 8
Thursday, August 27 From the dataBiggest one-day rise of the year: +10.3%.
- 9
Monday, December 7 From the dataEnters a bear market: 20% below its peak of $49.63 (October 9, 2015).
- 10
Friday, December 18President Obama signs legislation ending the 40-year US ban on crude oil exports. SourceWTI oil: −0.6% that day · −24.0% a month later
Biggest days of 2015
| Best days | Worst 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
| Month | Close | Change |
|---|---|---|
| Jan | $47.79 | −10.6% |
| Feb | $49.84 | +4.3% |
| Mar | $47.60 | −4.5% |
| Apr | $59.63 | +25.3% |
| May | $60.30 | +1.1% |
| Jun | $59.47 | −1.4% |
| Jul | $47.12 | −20.8% |
| Aug | $49.20 | +4.4% |
| Sep | $45.09 | −8.4% |
| Oct | $46.59 | +3.3% |
| Nov | $41.65 | −10.6% |
| Dec | $37.04 | −11.1% |
Other Markets in 2015
Change over the calendar year.
| Market | Change | Year-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 pp | 2.27% |
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.