Crude Oil rose to 99.64 USD/Bbl on March 27, 2026, up 5.46% from the previous day. Over the past month, Crude Oil's price has risen 39.88%, and is up 43.66% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Crude Oil - values, historical data, forecasts and news - updated on March of 2026.

On March 23, 2026, the Brent crude oil price stood at 100.34 U.S. dollars per barrel, compared to 89.13 U.S. dollars for WTI oil and 145.24 U.S. dollars for the OPEC basket. Oil prices rose significantly that week.Europe's Brent crude oil, the U.S. WTI crude oil, and OPEC's basket are three of the most important benchmarks used by traders as references for global oil and gasoline prices. Prices rose heavily in March amidst the U.S.-Israel war with Iran. Lowest ever oil prices during coronavirus pandemic In 2020, the coronavirus pandemic resulted in crude oil prices hitting a major slump as oil demand drastically declined following lockdowns and travel restrictions. Initial outlooks and uncertainty surrounding the course of the pandemic brought about a disagreement between two of the largest oil producers, Russia and Saudi Arabia, in early March. Bilateral talks between global oil producers ended in agreement on April 13th, with promises to cut petroleum output and hopes rising that these might help stabilize the oil price in the coming weeks. However, with storage facilities and oil tankers quickly filling up, fears grew over where to store excess oil, leading to benchmark prices seeing record negative prices between April 20 and April 22, 2020. How crude oil prices are determined As with most commodities, crude oil prices are impacted by supply and demand, as well as inventories and market sentiment. However, as oil is most often traded in future contracts (where a contract is agreed upon while product delivery will follow in the next two to three months), market speculation is one of the principal determinants for oil prices. Traders make conclusions on how production output and consumer demand will likely develop over the coming months, leaving room for uncertainty. Spot prices differ from futures in so far as they reflect the current market price of a commodity.

Brent rose to 114.81 USD/Bbl on March 27, 2026, up 6.30% from the previous day. Over the past month, Brent's price has risen 47.68%, and is up 57.79% 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 March of 2026.

View monthly updates and historical trends for Average Crude Oil Spot Price. Source: World Bank. Track economic data with YCharts analytics.

In March 2026, the average price of one barrel of Brent crude oil was 70.89 U.S. dollars. This was an increase from the previous month and roughly two U.S. dollars above March 2025 prices. Brent terminology and most common uses Brent is the world's leading price benchmark for Atlantic basin crude oils. It is used to price two thirds of the internationally traded crude oil supplies and is also the most significant crude oil benchmark for Europe. Brent crude originates in the North Sea and includes oils from Brent and Forties Oil Field in the United Kingdom, and from the Oseborg and Ekofisk oil fields, both oil reserves in Norway. Other names for Brent are Brent Blend, London Brent and Brent petroleum. The name Brent comes from the Brent oil field, located north-east of the Shetland Islands, and thus part of the United Kingdom. Because the Brent oil field already passed its production peak, today the benchmark Brent includes oil from the other three major oil fields. Brent, next to West Texas Intermediate (WTI), is one of the lightest crude oils. With a low content of sulfur, it is ranged among the so-called sweet crude oils. Most of the Brent crude oil is refined into gasoline and middle distillates in Northwest Europe. Benchmark oil prices Other crucial benchmarks for crude oil prices are the already mentioned U.S.- WTI and Dubai Crude (Fateh). They are indispensable for referencing the many types and grades of oil on the global market. In the past 20 years, the annual price for one barrel of Brent crude oil saw a net increase. For example, the average price per barrel stood at 80.52 U.S. dollars in 2024.

After some fluctuation in the oil industry's early years, where prices were incredibly high for that time period due to low supply, the cost of oil in the U.S. remained below five U.S. dollars per barrel in the century between the 1870s and 1970s. Due to the 1973 Arab-Israeli War, the Arab OPEC states then placed an embargo on Israel's allies, particularly the United States, which resulted in domestic prices almost doubling within two years. Less than a decade later, due to the Iranian Revolution, domestic prices in the U.S. more than tripled between 1978 and 1981. Domestic prices in the U.S. were very subject to those within the OPEC bloc, as OPEC-produced oil was often much cheaper than U.S. oil even after duties and transport fees were applied. U.S. production then fell from the 1980s to the 2010s, and high production costs were then passed on to consumers. Prices peaked between 2008 and 2013, at around 95 dollars per barrel, before the developments in unconventional oil industries, such as shale oil refinement, fracking, and horizontal mining, have seen prices fluctuate in recent years

This dataset provides a comprehensive view of crude oil data, including prices, production levels, and market trends over a specific period. It contains data from various sources to offer a detailed insight into the global crude oil market. This dataset includes information on daily crude oil prices, production rates by country, and other relevant metrics such as supply and demand. It is ideal for analysts, researchers, and industry professionals interested in studying crude oil market dynamics, forecasting trends, and making data-driven decisions. The data is cleaned and structured for easy use and analysis.

Heating Oil rose to 4.50 USD/Gal on March 27, 2026, up 5.20% from the previous day. Over the past month, Heating Oil's price has risen 55.00%, and is up 98.84% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Heating oil - values, historical data, forecasts and news - updated on March of 2026.

This DataSet contains the real time Crude Oil Prices in USD from 2012 to 2022. In this Dataset Date - Date on which Price is Noted Close - Close Price of the oil Volume - Sum of buy's and sell's of oil commodity open - open price of a oil on that particular day High - High price of oil on that particular day Low - Low price of oil on that particular day

Europe Brent and WTI (Western Texas Intermediate) Spot Prices (Annual/ Monthly/ Weekly/ Daily) from EIA U.S. (Energy Information Administration).

This series is available through the EIA open data ...

Graph and download economic data for Crude Oil Prices: Brent - Europe (DCOILBRENTEU) from 1987-05-20 to 2026-03-02 about crude, oil, Europe, commodities, and price.

United States Crude Oil Price: EIA: Landed Cost of Imports: Canada data was reported at 57.310 USD/Barrel in Aug 2018. This records a decrease from the previous number of 59.000 USD/Barrel for Jul 2018. United States Crude Oil Price: EIA: Landed Cost of Imports: Canada data is updated monthly, averaging 25.060 USD/Barrel from Oct 1973 (Median) to Aug 2018, with 539 observations. The data reached an all-time high of 122.830 USD/Barrel in Jul 2008 and a record low of 4.820 USD/Barrel in Oct 1973. United States Crude Oil Price: EIA: Landed Cost of Imports: Canada data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P002: Energy Price.

Comprehensive historical price data for crude oil (WTI, Brent), natural gas, and precious metals spanning 20+ years with daily, weekly, and monthly intervals.

Urals Oil rose to 105.91 USD/Bbl on March 26, 2026, up 9.97% from the previous day. Over the past month, Urals Oil's price has risen 79.69%, and is up 57.67% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Urals Crude.

WTI Crude Oil Prices - Historical chart and current data through 2026.

View monthly updates and historical trends for Crude Oil Price Index (DISCONTINUED). Source: International Monetary Fund. Track economic data with YCharts…

Graph and download economic data for Crude Oil Prices: Brent - Europe (MCOILBRENTEU) from May 1987 to Feb 2026 about crude, oil, Europe, commodities, and price.

Crude Oil Price: EIA: FOB Cost of Imports: Mexico data was reported at 63.060 USD/Barrel in Aug 2018. This records a decrease from the previous number of 66.210 USD/Barrel for Jul 2018. Crude Oil Price: EIA: FOB Cost of Imports: Mexico data is updated monthly, averaging 24.535 USD/Barrel from Jan 1975 (Median) to Aug 2018, with 524 observations. The data reached an all-time high of 123.190 USD/Barrel in Jul 2008 and a record low of 7.820 USD/Barrel in Dec 1998. Crude Oil Price: EIA: FOB Cost of Imports: Mexico data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P002: Energy Price.

Russia Average World Price: Crude Oil: Urals: per 1 Ton data was reported at 420.400 USD/Ton in Dec 2018. This records a decrease from the previous number of 473.000 USD/Ton for Nov 2018. Russia Average World Price: Crude Oil: Urals: per 1 Ton data is updated monthly, averaging 425.600 USD/Ton from Jun 2000 (Median) to Dec 2018, with 223 observations. The data reached an all-time high of 947.800 USD/Ton in Jul 2008 and a record low of 132.800 USD/Ton in Nov 2001. Russia Average World Price: Crude Oil: Urals: per 1 Ton data remains active status in CEIC and is reported by Ministry of Finance of the Russian Federation. The data is categorized under Global Database’s Russian Federation – Table RU.PC002: Average World Prices, Crude Oil Export Price, Crude Oil Export Duty.