Historical Year Data · 2023
WTI Crude Oil in 2023
WTI Crude Oil opened 2023 at $76.93 and closed at $71.65, a -6.86% move for the year. The high of $93.68 was reached on September 27, and the low of $66.74 on March 17.
Open
$76.93
2023-01
Close
$71.65
250 data points
High
$93.68
Sep 27
Low
$66.74
Mar 17
Full Year Change
-6.86%
2022 Change
+5.49%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | $76.93 | $78.87 | $81.62 | $72.84 | +2.52% |
| Feb | $76.41 | $77.05 | $80.14 | $73.39 | +0.84% |
| Mar | $77.69 | $75.67 | $80.46 | $66.74 | -2.60% |
| Apr | $80.42 | $76.78 | $83.26 | $74.3 | -4.53% |
| May | $75.66 | $68.09 | $75.66 | $68.09 | -10.01% |
| Jun | $70.1 | $70.64 | $72.53 | $67.12 | +0.77% |
| Jul | $69.79 | $81.8 | $81.8 | $69.79 | +17.21% |
| Aug | $81.37 | $83.63 | $84.4 | $78.89 | +2.78% |
| Sep | $85.55 | $90.79 | $93.68 | $85.55 | +6.13% |
| Oct | $88.82 | $81.02 | $89.37 | $81.02 | -8.78% |
| Nov | $80.44 | $75.96 | $82.46 | $72.9 | -5.57% |
| Dec | $74.07 | $71.65 | $75.57 | $68.61 | -3.27% |
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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