ENERGY TAPE

Oil & Energy Facts

Today's prices, production records, and the oil market's biggest historical moments — every number below is pulled live from the same EIA and market data that runs the rest of this site, so nothing here is stale or made up. Hit Copy on any card for a ready-to-post sentence with its source attached.

Right Now

Live, from the site's own data
$97.97
WTI crude oil price per barrel
2026-10-19 · Yahoo Finance
$108.54
Brent crude oil price per barrel
2026-10-19 · Yahoo Finance
$4.331
US average retail gasoline price, per gallon
2026-10-12 · EIA
$4.405
Jet fuel spot price, US Gulf Coast, per gallon
2026-10-09 · EIA
13.7 Mb/d
US crude oil production — more than any other country pumps
2026-10-09 · EIA
26.2 Mb/d
OPEC's 11 members, combined crude output
2025 · EIA International
283M bbl
Oil in the US Strategic Petroleum Reserve
2026-10-09 · EIA
603
Active oil & gas drilling rigs running in the US
2026-10-09 · Baker Hughes
93.5%
Share of US refining capacity in use
2026-10-09 · EIA

Records & History

−$37.63
WTI crude oil price on April 20, 2020 — the only negative oil price in history
2020 · CME/Yahoo Finance
303Bn bbl
Venezuela holds more proven oil reserves than any other country
2023 · OPEC Annual Statistical Bulletin
24 Mb/d
Oil that transits the Strait of Malacca every day — the world's busiest chokepoint
EIA chokepoint estimates, ~2023
2.1×
Brent crude roughly doubled in under 3 months in early 2026, after Iran declared the Strait of Hormuz closed on 2 March
Jan 2 – Mar 31, 2026 · Yahoo Finance
~4×
How much oil prices rose in months during the 1973 Arab oil embargo
1973–74 · historical record

Just for Scale

42 gal
What one barrel of oil actually is — 159 liters, 35 imperial gallons
Standardized 1872
~45 gal
Gallons of refined products one 42-gallon barrel of crude yields — more than went in
EIA refinery yield averages
~300 lb
Approximate weight of one barrel of light crude oil
API gravity ~35°

See the full breakdown on what's in a barrel of oil.

Oil Facts FAQ

Where do these numbers come from?

The same live data feeding the rest of the site: EIA weekly and international series, Yahoo Finance daily closes, Baker Hughes' weekly rig count, and this site's own hand-curated, sourced reserve and chokepoint figures. Every card cites its source and date; nothing on this page is invented or estimated without saying so.

Why do the "Right Now" numbers keep changing?

They're computed fresh from the underlying data files every time this page is built, the same way the rest of the site's live prices and indicators work — so as WTI moves, the SPR is drawn down, or a new weekly EIA report lands, the figures here update automatically rather than going stale.

Can I use these facts on social media?

Yes — that's what the Copy button on each card is for. It copies a ready-to-post sentence with the figure, its date, and a source attribution. Feel free to share; a link back to worldoilmonitor.com is appreciated but not required.

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