Below you will find a complete history of the oil prices over the past 150 years. Listed are the unadjusted original prices as well as the prices adjusted for inflation to 2014. Products tracked: 1861-1944 US Average. 1945-1983 Arabian Light posted at Ras Tanura. 1984-2014 Brent dated.e
$ Adjusted
| Year | $ Unadjusted Price | $ Adjusted for Inflation (2014) |
| 1861 | 0.49 | 12.86 |
| 1862 | 1.05 | 24.80 |
| 1863 | 3.15 | 60.32 |
| 1864 | 8.06 | 121.50 |
| 1865 | 6.59 | 101.50 |
| 1866 | 3.74 | 60.22 |
| 1867 | 2.41 | 40.66 |
| 1868 | 3.63 | 64.30 |
| 1869 | 3.64 | 64.48 |
| 1870 | 3.86 | 71.97 |
| 1871 | 4.34 | 85.42 |
| 1872 | 3.64 | 71.64 |
| 1873 | 1.83 | 36.02 |
| 1874 | 1.17 | 24.38 |
| 1875 | 1.35 | 28.98 |
| 1876 | 2.56 | 56.68 |
| 1877 | 2.42 | 53.58 |
| 1878 | 1.19 | 29.07 |
| 1879 | 0.86 | 21.76 |
| 1880 | 0.95 | 23.21 |
| 1881 | 0.86 | 21.01 |
| 1882 | 0.78 | 19.06 |
| 1883 | 1.00 | 25.30 |
| 1884 | 0.84 | 22.04 |
| 1885 | 0.88 | 23.09 |
| 1886 | 0.71 | 18.63 |
| 1887 | 0.67 | 17.58 |
| 1888 | 0.88 | 23.09 |
| 1889 | 0.94 | 24.67 |
| 1890 | 0.87 | 22.83 |
| 1891 | 0.67 | 17.58 |
| 1892 | 0.56 | 14.70 |
| 1893 | 0.64 | 16.79 |
| 1894 | 0.84 | 22.89 |
| 1895 | 1.36 | 38.54 |
| 1896 | 1.18 | 33.44 |
| 1897 | 0.79 | 22.39 |
| 1898 | 0.91 | 25.79 |
| 1899 | 1.29 | 36.56 |
| 1900 | 1.19 | 33.73 |
| 1901 | 0.96 | 27.21 |
| 1902 | 0.80 | 21.80 |
| 1903 | 0.94 | 24.67 |
| 1904 | 0.86 | 22.57 |
| 1905 | 0.62 | 16.27 |
| 1906 | 0.73 | 19.16 |
| 1907 | 0.72 | 18.22 |
| 1908 | 0.72 | 18.89 |
| 1909 | 0.70 | 18.37 |
| 1910 | 0.61 | 15.44 |
| 1911 | 0.61 | 15.44 |
| 1912 | 0.74 | 18.08 |
| 1913 | 0.95 | 22.66 |
| 1914 | 0.81 | 19.06 |
| 1915 | 0.64 | 14.91 |
| 1916 | 1.10 | 23.83 |
| 1917 | 1.56 | 28.78 |
| 1918 | 1.98 | 31.10 |
| 1919 | 2.01 | 27.50 |
| 1920 | 3.07 | 36.26 |
| 1921 | 1.73 | 22.87 |
| 1922 | 1.61 | 22.72 |
| 1923 | 1.34 | 18.58 |
| 1924 | 1.43 | 19.79 |
| 1925 | 1.68 | 22.67 |
| 1926 | 1.88 | 25.13 |
| 1927 | 1.30 | 17.71 |
| 1928 | 1.17 | 16.16 |
| 1929 | 1.27 | 17.54 |
| 1930 | 1.19 | 16.86 |
| 1931 | 0.65 | 10.10 |
| 1932 | 0.87 | 15.07 |
| 1933 | 0.67 | 12.23 |
| 1934 | 1.00 | 17.67 |
| 1935 | 0.97 | 16.72 |
| 1936 | 1.09 | 18.61 |
| 1937 | 1.18 | 19.45 |
| 1938 | 1.13 | 18.97 |
| 1939 | 1.02 | 17.37 |
| 1940 | 1.02 | 17.21 |
| 1941 | 1.14 | 18.32 |
| 1942 | 1.19 | 17.27 |
| 1943 | 1.20 | 16.42 |
| 1944 | 1.21 | 16.27 |
| 1945 | 1.05 | 13.80 |
| 1946 | 1.12 | 13.56 |
| 1947 | 1.90 | 20.12 |
| 1948 | 1.99 | 19.56 |
| 1949 | 1.78 | 17.67 |
| 1950 | 1.71 | 16.80 |
| 1951 | 1.71 | 15.57 |
| 1952 | 1.71 | 15.24 |
| 1953 | 1.93 | 17.07 |
| 1954 | 1.93 | 16.98 |
| 1955 | 1.93 | 17.05 |
| 1956 | 1.93 | 16.80 |
| 1957 | 1.90 | 15.96 |
| 1958 | 2.08 | 17.02 |
| 1959 | 2.08 | 16.87 |
| 1960 | 1.90 | 15.17 |
| 1961 | 1.80 | 14.23 |
| 1962 | 1.80 | 14.08 |
| 1963 | 1.80 | 13.91 |
| 1964 | 1.80 | 13.72 |
| 1965 | 1.80 | 13.49 |
| 1966 | 1.80 | 13.12 |
| 1967 | 1.80 | 12.75 |
| 1968 | 1.80 | 12.24 |
| 1969 | 1.80 | 11.62 |
| 1970 | 1.80 | 10.97 |
| 1971 | 2.24 | 13.08 |
| 1972 | 2.48 | 14.04 |
| 1973 | 3.29 | 17.53 |
| 1974 | 11.58 | 55.62 |
| 1975 | 11.53 | 50.74 |
| 1976 | 12.80 | 53.24 |
| 1977 | 13.92 | 54.34 |
| 1978 | 14.02 | 50.91 |
| 1979 | 31.61 | 103.07 |
| 1980 | 36.83 | 105.81 |
| 1981 | 35.93 | 93.57 |
| 1982 | 32.97 | 80.88 |
| 1983 | 29.55 | 70.24 |
| 1984 | 28.78 | 65.58 |
| 1985 | 27.56 | 60.64 |
| 1986 | 14.43 | 31.17 |
| 1987 | 18.44 | 38.42 |
| 1988 | 14.92 | 29.86 |
| 1989 | 18.23 | 34.80 |
| 1990 | 23.73 | 42.97 |
| 1991 | 20.00 | 34.77 |
| 1992 | 19.32 | 32.60 |
| 1993 | 16.97 | 27.80 |
| 1994 | 15.82 | 25.27 |
| 1995 | 17.02 | 26.43 |
| 1996 | 20.67 | 31.19 |
| 1997 | 19.09 | 28.16 |
| 1998 | 12.72 | 18.47 |
| 1999 | 17.97 | 25.54 |
| 2000 | 28.50 | 39.17 |
| 2001 | 24.44 | 32.68 |
| 2002 | 25.02 | 32.93 |
| 2003 | 28.83 | 37.09 |
| 2004 | 38.27 | 47.96 |
| 2005 | 54.52 | 66.09 |
| 2006 | 65.14 | 76.50 |
| 2007 | 72.39 | 82.65 |
| 2008 | 97.26 | 106.94 |
| 2009 | 61.67 | 68.05 |
| 2010 | 79.50 | 86.31 |
| 2011 | 111.26 | 117.09 |
| 2012 | 111.67 | 115.14 |
| 2013 | 108.66 | 110.42 |
| 2014 | 98.95 | 98.95 |