Crude Oil rose to 64.01 USD/Bbl on August 12, 2025, up 0.08% from the previous day. Over the past month, Crude Oil's price has fallen 4.43%, and is down 18.30% 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 August of 2025.

Explore the intricate dynamics influencing crude oil prices, including supply-demand factors, geopolitical tensions, economic indicators, and market sentiment, to understand next week's forecast and prepare for potential volatility.

On August 4, 2025, the Brent crude oil price stood at 68.59 U.S. dollars per barrel, compared to 66.29 U.S. dollars for WTI oil and 71.58 U.S. dollars for the OPEC basket. OPEC prices rose slightly that week, while Brent and WTI prices fell.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.

Brent rose to 66.87 USD/Bbl on August 12, 2025, up 0.37% from the previous day. Over the past month, Brent's price has fallen 3.37%, and is down 17.12% 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 August of 2025.

Heating Oil fell to 2.28 USD/Gal on August 12, 2025, down 0.56% from the previous day. Over the past month, Heating Oil's price has fallen 4.67%, and is down 4.98% 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 August of 2025.

In June 2025, the average price of one barrel of Brent crude oil was 71.44 U.S. dollars. This was around seven U.S. dollars more than prices the previous month, which were the lowest value in the past 24-month period. 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 80.53 U.S. dollars in 2024.

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

Prices of petroleum products and crude oil. Weekly, monthly, and annual data available. Users of the EIA API are required to obtain an API Key via this registration form: http://www.eia.gov/beta/api/register.cfm

Gasoline rose to 2.08 USD/Gal on August 11, 2025, up 0.64% from the previous day. Over the past month, Gasoline's price has fallen 3.77%, and is down 14.64% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Gasoline - values, historical data, forecasts and news - updated on August of 2025.

Get the latest insights on price movement and trend analysis of Crude Oil in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Why did the Crude Oil Price Change in July 2025? Crude oil prices declined by 10.2 on % quarter-on-quarter basis. Prices have declined in April and May; however, in June, crude oil prices rebounded to settle at WTI at USD 68.04/barrel by the last week of June—the highest since January.

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

United States EIA Forecast: Crude Oil Price: Brent Spot Average data was reported at 71.000 USD/Barrel in Dec 2019. This stayed constant from the previous number of 71.000 USD/Barrel for Nov 2019. United States EIA Forecast: Crude Oil Price: Brent Spot Average data is updated monthly, averaging 62.750 USD/Barrel from Mar 2016 (Median) to Dec 2019, with 46 observations. The data reached an all-time high of 83.000 USD/Barrel in Oct 2018 and a record low of 34.000 USD/Barrel in Mar 2016. United States EIA Forecast: Crude Oil Price: Brent Spot Average 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.P003: Energy Price: Forecast: Energy Information Administration.

Palm Oil rose to 4,400 MYR/T on August 12, 2025, up 0.37% from the previous day. Over the past month, Palm Oil's price has risen 4.07%, and is up 19.27% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Palm Oil - values, historical data, forecasts and news - updated on August of 2025.

SECO Forecast: Crude Oil Price: Brent data was reported at 66.500 USD/Barrel in 2020. This records an increase from the previous number of 64.600 USD/Barrel for 2019. SECO Forecast: Crude Oil Price: Brent data is updated yearly, averaging 66.500 USD/Barrel from Dec 2012 (Median) to 2020, with 9 observations. The data reached an all-time high of 112.000 USD/Barrel in 2012 and a record low of 43.300 USD/Barrel in 2016. SECO Forecast: Crude Oil Price: Brent data remains active status in CEIC and is reported by State Secretariat for Economic Affairs. The data is categorized under Global Database’s Switzerland – Table CH.P003: Crude Oil Price: Forecast.

This dataset contains information about daily spot prices for crude oil WTI and Brent from 1986. data from US Energy Information AdministrationNotes:Citation: "Spot Prices For Crude Oil And Petroleum Products". Eia.gov. N.p., 2016. Web. 10 Mar. 2016.

United States Crude Oil: Spot Price: Europe Brent data was reported at 65.910 USD/Barrel in 14 May 2025. This records a decrease from the previous number of 66.930 USD/Barrel for 13 May 2025. United States Crude Oil: Spot Price: Europe Brent data is updated daily, averaging 75.395 USD/Barrel from May 1987 (Median) to 14 May 2025, with 9638 observations. The data reached an all-time high of 133.180 USD/Barrel in 08 Mar 2022 and a record low of 9.120 USD/Barrel in 21 Apr 2020. United States Crude Oil: Spot Price: Europe Brent data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under World Trend Plus’s Commodity Market – Table US.P: Petroleum Spot Price: Energy Information Administration. Preliminarily updated with previous day data every weekday. Final data released once a week (every Wednesday) with data from Tuesday to Friday of the previous week up to Monday of the current week. If Wednesday falls on a holiday, the data will be released on the next business day. [COVID-19-IMPACT]

Graph and download economic data for Crude Oil Prices: Brent - Europe (WCOILBRENTEU) from 1987-05-15 to 2025-08-01 about crude, oil, Europe, commodities, and price.