Globally, around *********** metric tons of crude oil was transported by sea in 2024. This was still lower than the volumes reported pre-pandemic, while global oil production increased slightly over this period. Oil in the global economy and main importers Oil is the fuel that keeps the global economy running as the hydrocarbon is heavily utilized for fuel and chemical production. Worldwide production of crude oil rose from about ** million barrels in 1998 to about ** million barrels in 2024. While accounting for less than ** percent of global oil production, the Asia-Pacific region is the largest consumer of oil; over a ***** of worldwide oil consumption is concentrated here. Oil tankers in the global merchant fleet Where pipeline infrastructure between trading partners is limited, large oil volumes have to be transported by land or sea. The key passages for seaborne oil trade include the routes from Panama to China, from the Strait of Hormuz to Japan and from West Africa to India. Among the main tanker builders are companies such as the General Dynamics-owned NASSCO. Crude oil tankers were the ***** most important vessel type in the global merchant fleet.

This dataset contains information about world's oil trade movement for 1980. Data from BP. Follow datasource.kapsarc.org for timely data to advance energy economics research.Notes:Unless otherwise stated, this table shows inter-regional trade based on the regional classification in the table `Oil trade in 2015 and 2016’. 1 Prior to 1993, Europe excludes Central Europe (Albania, Bulgaria, Czech Republic, Former Republic of Yugoslavia, Hungary, Poland, Romania, Slovakia). 2 Excludes intra-Middle East trade before 1993. 3 North and West African exports excludes intra-Africa trade prior to 1993. 4 Excludes Japan. Excludes trade between other Asia Pacific countries and Singapore prior to 1993.

n/a not available.

Annual changes and shares of total are calculated using thousand barrels daily figures.

Bunkers are not

OECD Global Crude Oil Imports Prices

Regional and Temporal Trends

By OECD [source]

About this dataset

This dataset contains global crude oil import prices from the OECD. It provides important insight into international trading of oil and its related products, enabling users to analyse market trends and compare prices across different countries. This data is essential for understanding the development of different economies, as well as their dependence on crude oil imports. Through analysis of this dataset, users can understand the role that regional and global factors play in impacting global crude oil import prices over time. The dataset includes columns tracking country/region of origin (LOCATION), indicator measured (INDICATOR), subject tracked (SUBJECT), measure taken (MEASURE), frequency interval (FREQUENCY), time period covered (TIME) as well as numerical value and flag codes associated with the data captured in each row. This invaluable source is perfect for researchers looking to take a deep dive into international markets over time or academics studying the complexities surrounding trade in the energy sector!

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How to use the dataset

This dataset is a great resource for anyone looking to analyze the current and historical prices of crude oil imports from the OECD. The data contains prices from member countries of the OECD and is updated regularly. This dataset can be used to study long term trends in price as well as explore differences between countries with different levels of crude oil import demand.

• In order to make use of this dataset, it’s important to familiarize yourself with the column names and descriptions. The first column is LOCATION which indicates which country or region the data applies to. INDICATOR indicates what information is being displayed (e.g., import market share, import value, etc.). SUBJECT describes what category that metric falls into (e.g., fuel energy). MEASURE tells you whether an amount is expressed in a unit or currency while FREQUENCY says how often data has been collected: monthly, quarterly or annually (average monthly/quarterly/annual etc..). TIME displays measure period start date in year-month format and Value denotes numerical value for each row's measurement respectively while flag codes indicate if any values are estimates or outlier measurements that should be examined further before using them

• Using this understanding, one could filter their search by creating filters on these columns accordingly depending on their research topic such as – pulling all records for China for Q4 2019 - then apply sorting on “VALUE” column based on imported measurements have become cheaper during given time frame etc.. Additionally formulas like SUMIFS() can also be used across multiple columns available within this agreement document at same time such as – total Imports Value from India & Japan combined during May 2019 till October 2020 – based upon bringing together Matching condition criteria met across few columns where needed at same time . As such this dataset provides flexible solutions which potentially allow us to explore patterns related either just single country's current trends -or- cross references since global side-by-side evaluation possible here featuring more than just one nation alone too ...........

Research Ideas

• Analyzing the impact of changes in crude oil prices on global economic growth.
• Examining the evolving dynamics of crude oil trade flows between different countries and regions.
• Tracking trends in crude oil import prices across different industries to identify potential opportunities for cost savings and efficiency gains

Acknowledgements

If you use this dataset in your research, please credit the original authors. Data Source

License

License: Dataset copyright by authors - You are free to: - Share - copy and redistribute the material in any medium or format for any purpose, even commercially. - Adapt - remix, transform, and build upon the material for any purpose, even commercially. - You must: - Give appropriate credit - Provide a link to the license, and indicate if changes were made. - ShareAlike - You must distribute your contributions under the same license as the original. - Keep intact - all notices that refer to this license, including copyright notices.

Columns

File: crude_oil_import_prices.csv | Column name | Description ...

Crude oil trading charts are graphical representations of the price movements of crude oil over a specific period of time, providing valuable information for traders and investors. Learn how different types of charts, such as line charts, bar charts, and candlestick charts, are used to identify patterns and make informed trading decisions. Discover how technical indicators enhance analysis, and where to access customizable real-time charts. Explore the power of crude oil trading charts in analyzing market t

India Imports from United States of Crude Oil was US$3.91 Billion during 2024, according to the United Nations COMTRADE database on international trade. India Imports from United States of Crude Oil - data, historical chart and statistics - was last updated on October of 2025.

Mexico Exports of crude oil to China was US$239.18 Million during 2018, according to the United Nations COMTRADE database on international trade. Mexico Exports of crude oil to China - data, historical chart and statistics - was last updated on September of 2025.

Ghana Crude Oil Export data was reported at 8,141.400 Metric Ton th in 2017. This records an increase from the previous number of 4,272.100 Metric Ton th for 2016. Ghana Crude Oil Export data is updated yearly, averaging 3,775.800 Metric Ton th from Dec 2007 (Median) to 2017, with 11 observations. The data reached an all-time high of 8,141.400 Metric Ton th in 2017 and a record low of 13.900 Metric Ton th in 2010. Ghana Crude Oil Export data remains active status in CEIC and is reported by Bank of Ghana. The data is categorized under Global Database’s Ghana – Table GH.RB011: Crude Oil Trade.

2856 Global export shipment records of Crude Oil with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

21 Global import shipment records of Crude Oil with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Learn about Brent crude oil trading, the process of buying and selling Brent crude oil futures contracts on various commodity exchanges. Discover how traders can participate in this highly liquid market and manage their exposure to oil price fluctuations.

Ghana Crude Oil Import data was reported at 233.200 Metric Ton th in 2017. This records a decrease from the previous number of 1,445.600 Metric Ton th for 2016. Ghana Crude Oil Import data is updated yearly, averaging 1,302.300 Metric Ton th from Dec 2007 (Median) to 2017, with 11 observations. The data reached an all-time high of 2,053.700 Metric Ton th in 2007 and a record low of 233.200 Metric Ton th in 2017. Ghana Crude Oil Import data remains active status in CEIC and is reported by Energy Commission. The data is categorized under Global Database’s Ghana – Table GH.RB011: Crude Oil Trade.

India Imports from Russia of Crude Oil was US$52.73 Billion during 2024, according to the United Nations COMTRADE database on international trade. India Imports from Russia of Crude Oil - data, historical chart and statistics - was last updated on October of 2025.

This dataset provides values for CRUDE OIL IMPORTS reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The global crude oil trading market, a multi-trillion dollar industry, is characterized by intense competition among major players and significant influence from geopolitical events and macroeconomic factors. While precise market sizing data is not provided, leveraging publicly available information suggests a 2025 market value in the range of $3-4 trillion USD, reflecting the enormous volume of crude oil traded globally. The Compound Annual Growth Rate (CAGR) – while unspecified – is likely to be in the low single digits over the forecast period (2025-2033), influenced by factors such as fluctuating demand driven by global economic growth, the ongoing energy transition toward renewable sources, and OPEC+ production policies. Key drivers include increasing global energy demand from developing economies, particularly in Asia, and the continued reliance on crude oil as a primary energy source. Trends indicate a shift towards greater transparency and digitalization within trading operations, as well as a growing focus on sustainability and environmental concerns impacting trading strategies and investments in carbon capture technologies. Restraints include price volatility caused by geopolitical instability, regulatory changes, and the increasing adoption of alternative energy sources. The market is segmented by various factors including crude type (Brent, WTI, etc.), trading location (spot, futures, etc.), and geographical regions. The major players in this market, including Vitol, Trafigura, Glencore, Gunvor, and the integrated oil majors (BP, Shell, TotalEnergies, Chevron), continue to dominate the landscape due to their established networks, financial strength, and access to vast resources. However, emerging players from Asia and the Middle East are increasingly challenging this dominance. Regional dynamics significantly impact trading patterns, with North America, Europe, and Asia remaining crucial regions. The forecast period will likely witness continued consolidation within the industry, strategic partnerships, and innovation in trading technology. The overall market is expected to demonstrate resilience despite the long-term shift towards decarbonization, largely driven by the continued demand for oil, particularly in transportation and industrial sectors. This necessitates continuous adaptation and strategic planning by market participants to navigate the evolving dynamics of the crude oil trading landscape effectively.

China Imports from Russia of Crude Oil was US$62.59 Billion during 2024, according to the United Nations COMTRADE database on international trade. China Imports from Russia of Crude Oil - data, historical chart and statistics - was last updated on October of 2025.

Norway Exports: Crude Oil data was reported at 34,220.000 NOK mn in Mar 2025. This records a decrease from the previous number of 40,263.000 NOK mn for Feb 2025. Norway Exports: Crude Oil data is updated monthly, averaging 12,243.000 NOK mn from Jan 1974 (Median) to Mar 2025, with 615 observations. The data reached an all-time high of 56,456.000 NOK mn in May 2022 and a record low of 0.000 NOK mn in Feb 1975. Norway Exports: Crude Oil data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.JA001: Trade Summary.

3770 Global import shipment records of Blend Crude Oil with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

This dataset contains Production, Trade, and Supply of Conventional Crude Oil 2012-2019. Data from United Nations Statistics Division. Follow datasource.kapsarc.org for timely data to advance energy economics research.Note:Refer back to the original source for numbers estimated by the United Nations Statistics Division (numbers with * symbol).

221 Active Global Crude Oil suppliers, manufacturers list and Global Crude Oil exporters directory compiled from actual Global export shipments of Crude Oil.