Crude Oil fell to 67.52 USD/Bbl on July 18, 2025, down 0.02% from the previous day. Over the past month, Crude Oil's price has fallen 8.55%, and is down 14.13% 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 July of 2025.

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.

The average spot price for West Texas Intermediate crude oil came to 76.63 U.S. dollars per barrel in 2024, a decrease of nearly one U.S. dollars compared to the previous year. The 2024 average spot price for Brent crude oil was 80.52 U.S. dollars. Both Brent and WTI are light crude oils, with the first used as a benchmark for gasoline prices around the world. Spot prices vs. future prices Spot prices refer to current market prices under which a commodity such as one barrel of crude oil may be bought for immediate delivery. In contrast, future prices refer to settlement and delivery at a later date. As a major refinery and storage hub, Cushing in Oklahoma is the delivery location for WTI traded via the New York Mercantile Exchange. When storage capacities threatened to reach their maximum capacity in April 2020, the WTI oil price crashed as a result, trading at record low prices. The WTI oil price fell into negative numbers for the first time in its history, closing out at negative 37.63 U.S. dollars per barrel on April 20th. The lowest value for Brent prices was 19.33 U.S. dollars per barrel. Influences on oil prices Oil prices are volatile commodities as their trading and delivery is heavily influenced by overall market development and geopolitical events. For example, the Russia-Ukraine war and resulting Russian sanctions brought about fears of supply bottlenecks, which pushed oil prices to decade-highs also reflected in the 2022 annual average.

Brent fell to 69.42 USD/Bbl on July 18, 2025, down 0.15% from the previous day. Over the past month, Brent's price has fallen 9.49%, and is down 15.99% 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 July of 2025.

On July 14, 2025, the Brent crude oil price stood at 69.18 U.S. dollars per barrel, compared to 66.98 U.S. dollars for WTI oil and 72 U.S. dollars for the OPEC basket. Brent and WTI prices fell slightly that week, while OPEC 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.

Graph and download economic data for Spot Crude Oil Price: West Texas Intermediate (WTI) (WTISPLC) from Jan 1946 to Jun 2025 about WTI, crude, oil, price, and USA.

United States - Spot Crude Oil Price: West Texas Intermediate (WTI) was 62.17000 $ per Barrel in May of 2025, according to the United States Federal Reserve. Historically, United States - Spot Crude Oil Price: West Texas Intermediate (WTI) reached a record high of 133.93000 in June of 2008 and a record low of 1.17000 in February of 1946. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Spot Crude Oil Price: West Texas Intermediate (WTI) - last updated from the United States Federal Reserve on July of 2025.

Interactive chart showing the daily closing price for West Texas Intermediate (NYMEX) Crude Oil over the last 10 years. The prices shown are in U.S. dollars.

Daily Brent Crude Oil Spot Prices (FOB in dollars per barrel) from the Energy Information Administration

This dataset contains information about world's spot oil prices for 1972-2020. Data from BP. Follow datasource.kapsarc.org for timely data to advance energy economics research. Notes:
* 1972 - 1985 Arabian Light, 1986 - 2020 Dubai dated.

† 1976 -1983 Forties, 1984 -2020 Brent dated.‡ 1976 -1983 Posted WTI prices, 1984 - 2020 Spot WTI (Cushing) prices.

Graph and download economic data for Crude Oil Prices: Brent - Europe (DCOILBRENTEU) from 1987-05-20 to 2025-06-16 about crude, oil, Europe, commodities, and price.

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 ...

Interactive daily chart of Brent (Europe) crude oil prices over the last ten years. Values shown are daily closing prices.

The live oil spot price refers to the current price at which crude oil can be bought or sold for immediate delivery. It represents the price at which oil is traded on the spot market, where physical barrels of crude oil are exchanged. The live oil spot price is determined by various factors including supply and demand dynamics, geopolitical events, global economic conditions, weather patterns, and market sentiment. Oil spot prices are quoted in different currencies, mainly US dollars, and are typically give

The WTI oil spot price refers to the current price of West Texas Intermediate (WTI) crude oil, which is used as a benchmark for oil prices in North America. This article explains how the spot price is determined, its impact on the oil market and various industries, and its comparison to other crude oil benchmarks.

The Brent Crude Oil spot price is a benchmark for global oil prices, quoted in US dollars per barrel. This article explores the factors influencing the spot price, the importance of real-time updates, and the availability of platforms providing comprehensive information. It serves as a vital indicator for market trends, guiding decision-making and risk management in the oil and gas industry.

Crude oil spot price refers to the current price at which a barrel of crude oil can be bought or sold for immediate delivery. It represents the value of oil in real-time in the physical marketplace. Spot prices fluctuate constantly throughout the trading day and are influenced by various factors such as supply and demand dynamics, geopolitical tensions, economic indicators, weather conditions, and market sentiment. Learn more about how crude oil spot prices are determined, the benchmarks that influence them

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.

The WTI Oil Spot Price refers to the real-time price at which a barrel of WTI crude oil can be bought or sold for immediate delivery and payment on the spot market. It is one of the most widely referenced benchmarks for oil prices and serves as a key indicator for the energy markets. Learn more about the factors influencing the price, platforms offering real-time data, and the implications on various sectors and economies.

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]