🛢️ Oil Price Calculator
How much would you have made investing in oil?
Data updates daily via Yahoo Finance
* This calculator is for educational purposes only and does not constitute financial advice.
* Prices based on approximate yearly averages. Actual results may vary.
India is the world's third-largest oil importer, making crude oil prices directly relevant to the Indian economy. Oil prices affect fuel costs, inflation, and the trade deficit. Understanding oil price history helps Indian investors and consumers.
Indian investors can gain exposure to oil through commodity futures on MCX, international ETFs (USO, BNO), or energy stocks (ONGC, Reliance, IOC). Oil prices in INR are also affected by the USD/INR exchange rate.
Past performance doesn't guarantee future results. Oil is extremely volatile - it went negative in April 2020 and has experienced multiple 50%+ crashes. Commodity futures carry additional risks including contango.
Enter your investment in ₹, select buy year (from 1986) and sell year (or 'Today'), and click Calculate.
📊 How does this compare to a Nifty 50?
⚡ Popular Oil Investment Scenarios
FAQ
What affects the price of oil?
Oil prices are driven by OPEC+ supply decisions, global demand, inventories, geopolitical events, and US dollar strength. India is the world's third-largest oil importer, making oil prices directly relevant.
How does the calculator compute returns?
Uses yearly average prices per barrel of WTI crude oil, calculates 'barrels' purchased at buy price, and multiplies by the sell price. Results shown in INR.
What is WTI?
WTI (West Texas Intermediate) is a grade of crude oil used as a benchmark in financial markets. India primarily imports Brent crude, but WTI closely tracks global oil prices.
What happened to oil in April 2020?
Due to pandemic demand collapse and storage shortages, WTI crude futures went negative to -$37/barrel — an unprecedented event. Indian oil companies were significantly impacted.
How can I invest in oil in India?
Through MCX crude oil futures, energy stocks (ONGC, Reliance, IOC, BPCL), international ETFs via LRS, or energy sector mutual funds.
What is contango risk in oil ETFs?
Oil ETFs suffer from contango — when future-month contracts cost more than current ones, the ETF loses money rolling contracts. USO lost 90%+ of its value over years even when oil prices recovered.
How does oil price affect India?
India imports ~85% of its oil needs. High oil prices increase the trade deficit, weaken the rupee, and drive inflation (fuel, transport costs). Low oil prices benefit the Indian economy and strengthen the rupee.
How much is your credit card interest really costing you? Find out with the Credit Card Calculator
📊 Data source: Yahoo Finance (Oil), updated daily
Embed this calculator on your site
Created by Amiel Riss | SmartMoney77