Crude Oil Price Trendsckomagan (31) in oil • 7 years ago The trend is down. Crude oil price, August of year. 2008: $118 2009: $72 2010: $74 2011: $85 2012: $95 2013: $109 2014: $96 2015: $41 2016: $47 Now: $47.8 Source: The Spectator Index oil market price downtrend gas