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South Africa Brent Crude Oil Price: US Dollar data was reported at 72.820 USD in Aug 2018. This records a decrease from the previous number of 74.240 USD for Jul 2018. South Africa Brent Crude Oil Price: US Dollar data is updated monthly, averaging 19.340 USD from Jan 1960 (Median) to Aug 2018, with 704 observations. The data reached an all-time high of 133.860 USD in Jul 2008 and a record low of 2.140 USD in Aug 1966. South Africa Brent Crude Oil Price: US Dollar data remains active status in CEIC and is reported by South African Reserve Bank. The data is categorized under Global Database’s South Africa – Table ZA.P005: Brent Crude Oil Price.
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Brent fell to 63.05 USD/Bbl on December 2, 2025, down 0.19% from the previous day. Over the past month, Brent's price has fallen 2.84%, and is down 14.36% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Brent crude oil - values, historical data, forecasts and news - updated on December of 2025.
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Crude Brent oil is a major global benchmark for pricing oil, serving as a reference point for crude oil from Europe, Africa, and the Middle East. This article discusses the characteristics of Brent oil, its trading on the Intercontinental Exchange (ICE), factors influencing its price, and its significance as a benchmark in the energy industry.
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TwitterIn August 2025, the price for one barrel of West Texas Intermediate (WTI) crude oil averaged 64.86 U.S. dollars. This was a slight increase compared to the previous month, although prices remained lower than they had been the previous year. WTI and other benchmark crudes WTI is also known as "Texas light sweet", and is a grade of crude oil used as a benchmark for oil produced in the United States. It has an API gravity of around 39.6 and specific gravity of about 0.827, which, relative to other crude oils, is considered “light,” hence the name. WTI also contains about 0.24 percent sulfur, making it a “sweet” crude oil. The price of WTI can be compared to the prices other of crude oils, i.e. UK Brent, the OPEC basket, and Dubai Fateh oil. WTI crude oil is the underlying commodity of the Chicago Mercantile Exchange’s oil futures contracts. U.S. oil production and its influence on light oil prices The price development of WTI crude oil relative to Brent crude oil has been influenced by variances in U.S. crude oil transportation and increased U.S. oil production. New transportation infrastructure became operational in early 2013, easing the movement of crude oil in the mid-continent and raising the price of WTI. Since then, U.S. refineries have increased production of crude oil to record levels, also raising the price of WTI. Meanwhile, expedited crude transport in the U.S. put downward pressure on Brent crude oil as domestic crude replaced some imported Brent crude. Between 2014 and 2016, UK Brent prices dropped rapidly, as was the case for all other crude oils.
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TwitterExtracted data from Investing .com by building a web scraper which could extract data if Start and End Date are given as parameters. You could find the scaper code here. Copper ,Gold, Crude Oil , Brent Oil , Natural Gas, Silver Prices variation of each of the commodities from the last 10 Years .
Copper prices are up 20% year to date, supported in part by a rebounding economy in the U.S. and other parts of the world as the pandemic comes under control. Improving economies are key to copper demand since it's an industrial metal that's a good conductor of electricity. Copper is found in a host of items from air conditioning units and televisions to cars. The base metal may also benefit from President Joe Biden's infrastructure plan and the growing appetite for electric vehicles. That's spurred investor interest in the red metal, but buyers need to do plenty of research. Commodities are unlike traditional stock and bond investing, as these markets have different fundamental drivers that affect pricing.
Gold has traditionally been regarded as a superior investment asset. It has become a safe haven for investors all around the world in recent years. Gold, in particular, possesses all of the characteristics that a traditional investor seeks in an asset class. Investing in gold has always shown to be a successful approach to combat inflation.
Crude oil is at the heart of many global industries. It is the power that moves most vehicles, allows factories to operate and is used to generate electricity. Oil’s importance to mankind has made it a valuable commodity for many companies and countries. Along with its derivatives, crude oil is the most traded commodity in the world.
Brent oil is a major benchmark price for purchases of oil worldwide. While Brent Crude oil is sourced from the North Sea the oil production coming from Europe, Africa and the Middle East flowing West tends to be priced relative to this oil. The Brent prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so.
The US Energy Information Administration says natural gas is the most widely used fuel for space heating in the US, and it has also started to beat out coal as the top fuel for power generation. Even so, demand for natural gas around the world can be volatile as it is very much dependent on the weather.
Silver may be used as an investment like other precious metals. It has been regarded as a form of money and store of value for more than 4,000 years, although it lost its role as legal tender in developed countries when the use of the silver standard came to a final end in 1935.
For this dataset I depended upon Investing.com to scrape the data . It's the premier source for financial, economic, and alternative datasets, serving investment professionals. Investing’s platform is used by over 400,000 people, including analysts from the world’s top hedge funds, asset managers and investment banks.
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Oilfield Chemicals Market Size 2024-2028
The oilfield chemicals market size is forecast to increase by USD 6.75 billion at a CAGR of 4.37% between 2023 and 2028.
The market's growth rate hinges on various factors, such as the increased production of crude oil, advancements in oilfield technology, and the expansion of shale gas exploration and production. These elements collectively contribute to the market's trajectory, driving its upward momentum. With the continuous improvement and adoption of innovative technologies in the oilfield sector, coupled with the heightened focus on shale gas extraction, the market is poised for significant expansion in the foreseeable future. It also includes an in-depth analysis of drivers, trends, and challenges. Our report examines historical data from 2018-2022, besides analyzing the current market scenario.
What will the Oilfield Chemicals Market Size During the Forecast Period?
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How is this market segmented and which is the largest segment?
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Application
Production
Well stimulation
Drilling fluids
Enhanced oil recovery
Others
Type
Onshore
Offshore
Geography
North America
Canada
US
Europe
APAC
China
India
Middle East and Africa
South America
By Application Insights
The production segment is estimated to witness significant growth during the forecast period.
In the realm of oil exploration and production activities, oilfield chemicals play a pivotal role in ensuring efficiency and safety during drilling and well-stimulation processes. The shale gas revolution has significantly increased the demand for oilfield chemicals, particularly in crude oil production from onshore fields in developing economies. These chemicals are instrumental in optimizing operations, adhering to environmental standards, and enhancing reservoir recovery. Oilfield chemicals are applied extensively in various production processes, including drilling fluids for deep drilling activities, fracturing liquids for well stimulation, and inhibitors for preventing corrosion and the formation of emulsions on metal surfaces. Product analysis reveals that the Rheology modifiers segment dominates the market, with synthetic-based drilling fluids and micro-fibrillated cellulose (MFC) and xanthan gum being commonly used.
The inhibitors segment is also gaining traction due to its ability to mitigate impurities derived from crude oil production. Water-soluble inhibitors, such as amides and long-chain amines, are popular choices for preventing corrosion and scaling in onshore exploration activities. As the industry dynamics evolve, oilfield chemicals continue to play a crucial role in enhancing oilfield exploration endeavors while addressing the challenges of drilling in diverse geological conditions. Moreover, the shift towards renewable energy sources like solar power and wind power has led to a decline in demand for oilfield chemicals in certain applications. However, the ongoing demand for oil and gas, coupled with the need for optimization and safety in production processes, ensures that the market remains a significant player in the energy sector.
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The Production segment was valued at USD 9.97 billion in 2018 and showed a gradual increase during the forecast period.
Regional Analysis
North America is estimated to contribute 38% to the growth of the global market during the forecast period.
Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
For more insights on the market share of various regions Request Free Sample
In the Oil & gas industry, the application analysis of oilfield chemicals in North America experienced substantial growth in 2023, driven by the recovery of West Texas Intermediate and Brent crude prices and the significant expansion of shale oil and gas production. The level of exploration and production activities in the US and Canada significantly impacted the demand for oilfield chemicals, including solid-free fluids, fracture stimulation agents, water shut-off compounds, gravel packing additives, and acid stimulation catalysts. These chemicals are essential for post-oil extraction processes, ensuring efficient drilling and production. Advancements in technology, such as automation and IoT, have encouraged oil rig operators to adopt innovative drilling solutions, including the use of O2 for onshore and offshore projects.
The susceptibility of oil and gas infrastructure to corrosion necessitates the employment of corro
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| BASE YEAR | 2024 |
| HISTORICAL DATA | 2019 - 2023 |
| REGIONS COVERED | North America, Europe, APAC, South America, MEA |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| MARKET SIZE 2024 | 1803.9(USD Billion) |
| MARKET SIZE 2025 | 1836.4(USD Billion) |
| MARKET SIZE 2035 | 2200.0(USD Billion) |
| SEGMENTS COVERED | Application, End Use, Type, Regional |
| COUNTRIES COVERED | US, Canada, Germany, UK, France, Russia, Italy, Spain, Rest of Europe, China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC, Brazil, Mexico, Argentina, Rest of South America, GCC, South Africa, Rest of MEA |
| KEY MARKET DYNAMICS | Price volatility, Supply chain disruptions, Demand fluctuations, Regulatory changes, Technological advancements |
| MARKET FORECAST UNITS | USD Billion |
| KEY COMPANIES PROFILED | TotalEnergies, Husky Energy, Devon Energy, Royal Dutch Shell, Saudi Aramco, Pioneer Natural Resources, Marathon Petroleum, Occidental Petroleum, Eni, BP, ConocoPhillips, Anadarko Petroleum, Suncor Energy, Chevron, ExxonMobil |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| KEY MARKET OPPORTUNITIES | Increasing global energy demand, Technological advancements in extraction, Shift towards cleaner fuels, Rising strategic reserves, Expanding offshore drilling initiatives |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 1.8% (2025 - 2035) |
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Ropa naftowa wzrosła do 59,48 USD/Bbl w dniu 30 listopada 2025 r., zwiększając się o 0,06% w porównaniu z poprzednim dniem. W ciągu ostatniego miesiąca cena ropy naftowej spadła o 2,46%, a w porównaniu z tym samym okresem ubiegłego roku jest niższa o 12,66%, zgodnie z obrotem na kontrakcie różnic kursowych (CFD), który śledzi benchmarkowy rynek tego surowca. Aktualne wartosci, dane historyczne, prognozy, statystyki, wykresy i kalendarz ekonomiczny - Ropa naftowa - Kontrakt terminowy - ceny.
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South Africa Brent Crude Oil Price: US Dollar data was reported at 72.820 USD in Aug 2018. This records a decrease from the previous number of 74.240 USD for Jul 2018. South Africa Brent Crude Oil Price: US Dollar data is updated monthly, averaging 19.340 USD from Jan 1960 (Median) to Aug 2018, with 704 observations. The data reached an all-time high of 133.860 USD in Jul 2008 and a record low of 2.140 USD in Aug 1966. South Africa Brent Crude Oil Price: US Dollar data remains active status in CEIC and is reported by South African Reserve Bank. The data is categorized under Global Database’s South Africa – Table ZA.P005: Brent Crude Oil Price.