An Annotated History Of Oil Prices Since 1861

Oil prices have crashed since the summer.

But oil price volatility is not new. Indeed, the price of WTI crude surged by 5% today alone.

In a new note to clients, Goldman Sachs analysts offer this cool annotated chart of the history of crude oil prices.

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.