Global monthly crude oil price index 2022-2024
The monthly crude oil price index worldwide reached 215.4 index points in April 2024. This was an increase compared to the previous month as a growing Middle East conflict led to concerns by market traders.
An energy supply shortage, which began unfolding in the latter half of 2021, as well as the fallout from the Russia-Ukraine war, resulted in crude oil prices rising to 15-year highs in the first half of 2022.