What were the crude oil prices in the 2000s?

In the 2000s, crude oil prices experienced significant volatility, starting the decade at around $30 per barrel and reaching a peak of approximately $147 per barrel in July 2008. The rise in prices was driven by factors such as increased global demand, geopolitical tensions, and supply constraints. Following the peak, prices fell sharply due to the global financial crisis, ending the decade around $70 per barrel. Overall, the 2000s were marked by dramatic fluctuations in oil prices.