Historical Year Data · 2023
WTI Crude Oil (FRED Daily) in 2023
WTI Crude Oil (FRED Daily) opened 2023 at $76.87 and closed at $71.89, a -6.48% move for the year. The high of $93.67 was reached on September 27, and the low of $66.61 on March 17.
Open
$76.87
2023-01
Close
$71.89
248 data points
High
$93.67
Sep 27
Low
$66.61
Mar 17
Full Year Change
-6.48%
2022 Change
+5.49%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | $76.87 | $78.95 | $81.62 | $72.82 | +2.71% |
| Feb | $76.34 | $76.88 | $80.14 | $73.4 | +0.71% |
| Mar | $77.57 | $75.68 | $80.39 | $66.61 | -2.44% |
| Apr | $80.4 | $76.78 | $83.26 | $74.33 | -4.50% |
| May | $75.65 | $68.11 | $75.65 | $68.11 | -9.97% |
| Jun | $70.09 | $70.66 | $72.55 | $67.08 | +0.81% |
| Jul | $69.71 | $81.8 | $81.8 | $69.71 | +17.34% |
| Aug | $81.37 | $83.55 | $84.35 | $78.91 | +2.68% |
| Sep | $85.52 | $90.77 | $93.67 | $85.52 | +6.14% |
| Oct | $88.81 | $81.64 | $89.35 | $81.64 | -8.07% |
| Nov | $81.05 | $75.66 | $83.04 | $73.5 | -6.65% |
| Dec | $73.7 | $71.89 | $75.84 | $68.27 | -2.46% |
Events During 2023
2023 Silicon Valley Bank Collapse
Mixed
March 2023
Silicon Valley Bank collapsed on March 10, 2023, the second-largest bank failure in US history. The Fed's response redefined liquidity backstops for the banking system.
2023 Credit Suisse Forced Merger
Mixed
March 15-19, 2023
Credit Suisse was forced into an emergency acquisition by UBS over the weekend of March 18-19, 2023. The deal wiped out AT1 bondholders while preserving some equity, reshaping bank capital structure risk assessment globally.
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