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

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

Crude Oil Production in Vietnam increased to 161 BBL/D/1K in March from 160 BBL/D/1K in February of 2025. This dataset provides the latest reported value for - Vietnam Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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.

On July 7, 2025, the Brent crude oil price stood at 69.62 U.S. dollars per barrel, compared to 67.93 U.S. dollars for WTI oil and 69.92 U.S. dollars for the OPEC basket. Prices rose slightly that week, following signs of an increase in demand.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 (whereby a contract is agreed upon, while the 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.

Crude Oil Production in Ecuador decreased to 452 BBL/D/1K in March from 469 BBL/D/1K in February of 2025. This dataset provides the latest reported value for - Ecuador Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus 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.

Crude Oil Production in Turkey increased to 133 BBL/D/1K in March from 124 BBL/D/1K in February of 2025. This dataset provides - Turkey Crude Oil Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Canada has abundant resources of crude oil, with an estimated remaining ultimate potential of 52.3 106m³ (329 billion barrels) as of December 2017. Of this, oil sands account for 92 per cent. There are two major producing areas in Canada, the Western Canada Sedimentary Basin, which includes Alberta, Saskatchewan and parts of British Columbia and Manitoba, and offshore eastern Canada. Oil is also produced in modest volumes in Ontario and the Northwest Territories. Although Canada was the 4th largest producer in the world in 2018, it produces only about five per cent of total daily production, so it does not have a major influence on the world oil prices. In 2018, 96 per cent of Canadian crude exports went to the U.S. The Canada Energy Regulator regulates the export of crude oil. Holders of export authorizations report monthly statistics on export activities. This dataset provides historical export volumes of crude oil (by year and month), and by either type of oil or by destination of export.

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.

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

Crude Oil Production: Shandong data was reported at 22.200 Ton mn in 2024. This records an increase from the previous number of 22.141 Ton mn for 2023. Crude Oil Production: Shandong data is updated yearly, averaging 27.039 Ton mn from Dec 1991 (Median) to 2024, with 34 observations. The data reached an all-time high of 33.552 Ton mn in 1991 and a record low of 22.003 Ton mn in 2022. Crude Oil Production: Shandong data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under Global Database’s China – Table CN.RBA: Energy Production: Crude Oil.

CN: Crude Oil Consumption: Industry: Mining: Ferrous Metal data was reported at 0.000 Ton mn in 2012. This records a decrease from the previous number of 0.001 Ton mn for 2011. CN: Crude Oil Consumption: Industry: Mining: Ferrous Metal data is updated yearly, averaging 0.000 Ton mn from Dec 1997 (Median) to 2012, with 16 observations. The data reached an all-time high of 0.124 Ton mn in 1997 and a record low of 0.000 Ton mn in 2010. CN: Crude Oil Consumption: Industry: Mining: Ferrous Metal data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under Global Database’s China – Table CN.RBB: Crude Oil Consumption.

CN: Crude Oil: Port Inventory: Yingkou Port data was reported at 47.000 Ton tt in 02 May 2025. This records a decrease from the previous number of 55.500 Ton tt for 25 Apr 2025. CN: Crude Oil: Port Inventory: Yingkou Port data is updated daily, averaging 116.000 Ton tt from Nov 2019 (Median) to 02 May 2025, with 287 observations. The data reached an all-time high of 285.000 Ton tt in 24 Jun 2022 and a record low of 22.100 Ton tt in 14 Mar 2025. CN: Crude Oil: Port Inventory: Yingkou Port data remains active status in CEIC and is reported by Shandong Longzhong Information Technology Co., Ltd.. The data is categorized under China Premium Database’s Energy Sector – Table CN.RBP: Crude Oil: Inventory.

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

CN: Crude Oil: Port Inventory: Tianjin Port data was reported at 20.000 Ton tt in 02 May 2025. This stayed constant from the previous number of 20.000 Ton tt for 25 Apr 2025. CN: Crude Oil: Port Inventory: Tianjin Port data is updated daily, averaging 27.500 Ton tt from Nov 2019 (Median) to 02 May 2025, with 287 observations. The data reached an all-time high of 79.400 Ton tt in 17 Jul 2020 and a record low of 3.000 Ton tt in 27 Dec 2024. CN: Crude Oil: Port Inventory: Tianjin Port data remains active status in CEIC and is reported by Shandong Longzhong Information Technology Co., Ltd.. The data is categorized under China Premium Database’s Energy Sector – Table CN.RBP: Crude Oil: Inventory.

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.

Crude Oil Production in Italy decreased to 83 BBL/D/1K in March from 93 BBL/D/1K in February of 2025. This dataset provides the latest reported value for - Italy Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In April 2025, the average price of the OPEC basket was 68.98 U.S. dollars per barrel. This was a notable decrease compared to the previous month and the lowest value in the past 24 months. The OPEC basket is a weighted average of prices for petroleum blends produced by OPEC countries. OPEC stands for “Organization of the Petroleum Exporting Countries,” and was founded in 1960 in Baghdad, Iraq. The main aim of OPEC is to coordinate the oil policies of its members, and thus to have more influence on the international oil market. It is used as an important benchmark for crude oil prices. The OPEC basket oil price The OPEC crude oil price is defined by the price of the so-called OPEC (reference) basket. This basket is an average of the prices of petroleum blends that are produced by the OPEC members. The following countries are members of this organization: Algeria, Angola, Congo, Equatorial Guinea, Gabon, Iraq, Iran, Kuwait, Libya, Nigeria, Saudi Arabia, Venezuela, and the United Arab Emirates. Some of these oil blends are, for example: Saharan Blend from Algeria, Basra Light from Iraq, and Arab Light from Saudi Arabia. The OPEC reference basket includes both heavy and light crude oils, and is heavier than most other crudes. OPEC's oil production amounted to 34 million barrels per day in 2023. Oil price benchmarks The OPEC basket is one of the most crucial benchmarks for crude oil pricing worldwide. Other significant benchmarks are UK Brent, West Texas Intermediate (WTI), and Dubai Crude (Fateh). Because there are many types and grades of oil, such benchmarks are indispensable for referencing them on the global oil market. Looking at the OPEC price within the last two years, the highest price was some 94.6 U.S. dollars per barrel in September 2023.