This dataset contains information about world's crude oil prices for 1861-2020. Data from BP. Follow datasource.kapsarc.org for timely data to advance energy economics research.Notes: 1861-1944 US Average 1945-1983 Arabian Light posted at Ras Tanura 1984-2016 Brent dated. $2020 (deflated using the Consumer Price Index for the US

On July 21, 2025, the Brent crude oil price stood at 68.98 U.S. dollars per barrel, compared to 67.2 U.S. dollars for WTI oil and 70.65 U.S. dollars for the OPEC basket. Brent and OPEC prices fell slightly that week, while WTI prices rose.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 reference for oil and gasoline prices. 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.

The domestic first purchase price for crude oil in the United States amounted to 74.5 nominal U.S. dollars per barrel in 2024. This figure represents an increase in comparison to 2020, when the lower fuel demand following mobility restrictions imposed to stave off the coronavirus pandemic resulted in a considerable fall in prices. According to the source, the average domestic first purchase price represents the average price at which all domestic crude oil is purchased. From 1976, the price represents an average of actual first purchase prices.

Crude oil trading price refers to the value at which crude oil is bought and sold in financial markets. Factors affecting crude oil prices include supply and demand, OPEC policies, geopolitical events, economic indicators, and market speculation. Crude oil is primarily traded on the NYMEX and ICE exchanges. Changes in crude oil prices impact consumers, producers, investors, and the global economy. Understanding these factors is crucial for analyzing and predicting crude oil price movements.

Maps and data for petroleum imports by type, crude oil grade, location, and country of origin.

This dataset contains India Oil Database for 2002-2021. Data from Joint Organisations Data Initiative. Follow datasource.kapsarc.org for timely data to advance energy economics research.

Russia LUKOIL Crude Oil Purchase: Year to Date: Ton: Domestic Companies data was reported at 874.000 Ton th in Dec 2018. This records an increase from the previous number of 635.000 Ton th for Sep 2018. Russia LUKOIL Crude Oil Purchase: Year to Date: Ton: Domestic Companies data is updated quarterly, averaging 335.000 Ton th from Dec 2003 (Median) to Dec 2018, with 61 observations. The data reached an all-time high of 4,698.000 Ton th in Dec 2003 and a record low of 20.000 Ton th in Mar 2010. Russia LUKOIL Crude Oil Purchase: Year to Date: Ton: Domestic Companies data remains active status in CEIC and is reported by LUKOIL. The data is categorized under Russia Premium Database’s Energy Sector – Table RU.RBK003: LUKOIL Purchase.

Crude Oil Production in Serbia remained unchanged at 12 BBL/D/1K in March. This dataset provides - Serbia Crude Oil Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The worldwide crude oil price index stood at 191.78 index points in 2024. This was a slight decrease compared to the previous year, when the price index stood at over 194 index points. The global crude oil index is determined by benchmark prices such as Brent, WTI, and Dubai Fateh.

This datasets contains Total Crude Oil and Petroleum Products. Data from US Energy information administration.

Romania RO: Crude Oil Production: Average Price per Barrel data was reported at 70.754 USD/Barrel in Feb 2025. This records a decrease from the previous number of 74.377 USD/Barrel for Jan 2025. Romania RO: Crude Oil Production: Average Price per Barrel data is updated monthly, averaging 71.818 USD/Barrel from Jan 2020 (Median) to Feb 2025, with 62 observations. The data reached an all-time high of 115.271 USD/Barrel in Jun 2022 and a record low of 16.904 USD/Barrel in Apr 2020. Romania RO: Crude Oil Production: Average Price per Barrel data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s Romania – Table RO.Eurostat: Crude Oil Supply: by Energy Balance and Indicator.

Crude Oil Production in Cuba remained unchanged at 26 BBL/D/1K in March. This dataset provides - Cuba Crude Oil Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Indonesia Crude Oil Price: Camar data was reported at 63.380 USD/Barrel in Jul 2019. This records an increase from the previous number of 63.130 USD/Barrel for Jun 2019. Indonesia Crude Oil Price: Camar data is updated monthly, averaging 72.420 USD/Barrel from Jan 2006 (Median) to Jul 2019, with 163 observations. The data reached an all-time high of 135.650 USD/Barrel in Jul 2008 and a record low of 27.740 USD/Barrel in Jan 2016. Indonesia Crude Oil Price: Camar data remains active status in CEIC and is reported by Directorate General of Oil and Gas. The data is categorized under Global Database’s Indonesia – Table ID.RBH003: Crude Oil Price.

The average price of Indian basket crude oil was estimated to reach ***** U.S. dollars per barrel in the financial year 2024. While Indian basket crude oil prices have fluctuated during the reported period, this figure significantly decreased from the previous year’s average of ***** U.S. dollars. The average price of crude oil went up marginally around the financial year 2012, touching almost *** U.S. dollars per barrel. Recent trends in the Indian oil industry The last several years have seen a slight but steady increase in Indian crude oil refinery capacity. However, the annual domestic crude oil production volume has consistently decreased. Not surprisingly, the volume of crude oil imports had recently been on the rise for several years. The future of the Indian energy sector As the third-largest primary energy consumer globally, India relies on various sources to meet its energy demands. At the same time, a significant increase in primary energy consumption across various sources is projected for the coming decades, with renewables playing a vital role in the Indian energy transition.

Graph and download economic data for CBOE Crude Oil ETF Volatility Index (OVXCLS) from 2007-05-10 to 2025-07-18 about ETF, VIX, volatility, crude, oil, stock market, and USA.

WTI crude oil futures are a type of derivative contract that allows investors to buy or sell barrels of West Texas Intermediate (WTI) crude oil at a predetermined price and date in the future. This article explains the characteristics of WTI crude oil, its importance as a benchmark for oil prices, and how futures contracts are used by participants in the oil industry to hedge against price fluctuations and manage their exposure to oil price movements.

Graph and download economic data for Global price of Brent Crude (POILBREUSDM) from Jan 1990 to Jun 2025 about crude, oil, World, and price.

Crude oil and petroleum products movements, by mode of transport including pipelines, marine vessels and associated terminals, by product type, moved from shipping region to receiving region, monthly, not seasonally adjusted.

Graph and download economic data for Global price of Dubai Crude (POILDUBUSDQ) from Q1 1990 to Q2 2025 about crude, oil, World, and price.