CorganoGold Price
Free widgets Market open
Gold3,988.88−0.87%Silver53.48−2.05%Platinum1,561.94−0.36%Palladium1,042.46−1.32%
Gold/Silver74.59
DXY101.62+0.02%
US10Y4.95%−3.75%
WTI100.18+0.71%
S&P 5007,663−1.21%
Dow52,868+0.02%
Bitcoin81,170−0.18%
VIX19.03+14.09%

Oil Price (WTI) in 2021

The oil price (WTI) rose 55.0% in 2021, from $48.52 at the end of 2020 to $75.21. Its highest close was $84.65 on Oct 26, and its lowest $47.62 on Jan 4. The biggest one-day fall was −13.1% on Nov 26 and the biggest rise +5.9% on Mar 24. Adjusted for inflation, it gained 44.8%.

Change in 2021
+55.0%
$48.52 → $75.21
High
$84.65
Oct 26
Low
$47.62
Jan 4
After inflation
+44.8%
US CPI
Up days
150 of 252
longest run 8 up, 7 down
Below record
-48.2%
at the end of 2021

Oil Price (WTI), daily closes 2021

Numbers mark the events below
$51$66$81JanFebMarAprMayJunJulAugSepOctNovDec1Feb 25: Back above its pre-bear-market peak of $63.27 (January 6, 2020).2Mar 11: President Biden signs the $1.9 trillion American Rescue Plan Act.3Mar 24: Biggest one-day rise of the year: +5.9%.4May 27: Back above its pre-bear-market peak of $66.30 (April 23, 2019).5Oct 4: Back above its pre-bear-market peak of $76.41 (October 3, 2018).6Nov 26: Biggest one-day fall of the year: −13.1%.7Nov 30: Enters a bear market: 20% below its peak of $84.65 (October 26, 2021).8Dec 1: Bear market low: $65.57, 22.5% below the peak.

Key Events in 2021

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

  1. 1
    Thursday, February 25 From the data
    Back above its pre-bear-market peak of $63.27 (January 6, 2020).
  2. 2
    Thursday, March 11
    President Biden signs the $1.9 trillion American Rescue Plan Act. Source
    WTI oil: +2.5% that day · −7.9% a month later
  3. 3
    Wednesday, March 24 From the data
    Biggest one-day rise of the year: +5.9%.
  4. 4
    Thursday, May 27 From the data
    Back above its pre-bear-market peak of $66.30 (April 23, 2019).
  5. 5
    Monday, October 4 From the data
    Back above its pre-bear-market peak of $76.41 (October 3, 2018).
  6. 6
    Friday, November 26 From the data
    Biggest one-day fall of the year: −13.1%.
  7. 7
    Tuesday, November 30 From the data
    Enters a bear market: 20% below its peak of $84.65 (October 26, 2021).
  8. 8
    Wednesday, December 1 From the data
    Bear market low: $65.57, 22.5% below the peak.

Biggest days of 2021

Best daysWorst days
Mar 24+5.9%Nov 26−13.1%
Aug 23+5.3%Jul 19−7.5%
Apr 14+4.9%Mar 18−7.1%
Dec 6+4.9%Mar 23−6.2%
Jan 5+4.9%Nov 30−5.4%

Volatility: 35.1% (annualised standard deviation of daily changes).

Month by month

MonthCloseChangeHighLow
Jan$52.20+7.6%$53.57$47.62
Feb$61.50+17.8%$63.53$53.55
Mar$59.16−3.8%$66.09$57.76
Apr$63.58+7.5%$65.01$58.65
May$66.32+4.3%$66.85$62.05
Jun$73.47+10.8%$74.05$67.72
Jul$73.95+0.7%$75.25$66.42
Aug$68.50−7.4%$71.26$62.32
Sep$75.03+9.5%$75.45$68.14
Oct$83.57+11.4%$84.65$75.88
Nov$66.18−20.8%$84.15$66.18
Dec$75.21+13.6%$76.99$65.57

Other Markets in 2021

Change over the calendar year.

MarketChangeYear-end
Oil Price (WTI)+55.0%$75.21
Dow Jones Industrial Average in 2021+18.7%36,338.30
S&P 500 in 2021+26.9%4,766.18
Nasdaq Composite in 2021+21.4%15,644.97
Russell 2000 in 2021+13.7%2,245.31
Nikkei 225 in 2021+4.9%28,791.71
Gold in 2021−3.5%$1,828.60
Silver in 2021−11.4%$23.33
Brent crude oil in 2021+50.2%$77.78
US 10-year Treasury yield in 2021+0.60 pp1.51%
2020202120222023202420252026

Oil Price (WTI) in 2021: FAQ

How much did the oil price (WTI) rise in 2021?

The oil price (WTI) rose 55.0% in 2021, from $48.52 at the end of 2020 to $75.21. Its highest close was $84.65 on Oct 26, and its lowest $47.62 on Jan 4. The biggest one-day fall was −13.1% on Nov 26 and the biggest rise +5.9% on Mar 24. Adjusted for inflation, it gained 44.8%.

What were the highest and lowest closes of the oil price (WTI) in 2021?

Highest: $84.65 on October 26, 2021. Lowest: $47.62 on January 4, 2021. It closed higher on 150 of 252 trading days.

What happened to the oil price (WTI) on March 11, 2021?

President Biden signs the $1.9 trillion American Rescue Plan Act. The oil price (WTI) rose 2.5% that day, and was −7.9% 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.