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.

Explore Global Trade Data of Crude oil. Updated buyers & suppliers of Crude oil.

Quantification and analysis of global oil trade networks reveals deep insights into a nation's development and influence at a global scale. Further

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

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.

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

Bunkers are not

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

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 ...

Global trade data of Crude oil under 15159031, 15159031 global trade data, trade data of Crude oil from 80+ Countries.

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.

Saudi Arabia’s crude oil exports in 2023 had a value of ***** billion U.S. dollars. This was the highest amount made by any crude oil exporting country that year and corresponded to a **** percent share of global crude exports based on value. What is crude oil and who are the largest producers? Crude oil is unrefined petroleum that is made up of hydrocarbons as well as other organic materials. It is a fossil fuel that can be refined to create products such as transportation and heating fuels, as well as plastics, resins, solvents, and lubricants. It is a nonrenewable resource, meaning that there is a limited amount of it on Earth and it cannot be replaced naturally at the same rate as our current global consumption. Global oil production stands at nearly ** million barrels per day. Oil production in Saudi Arabia It follows that as the greatest exporter based on value, Saudi Arabia is also one of the world’s largest oil producers. As of 2023, the Middle Eastern country and OPEC member state accounted for a **** percent share of oil produced, second only to the United States. As the U.S. is also the country with the highest oil consumption worldwide, it uses more oil domestically and exports less than its competitors. The U.S. export value was roughly half that of Saudi Arabia.

Global trade data of Crude oil under 29011000, 29011000 global trade data, trade data of Crude oil from 80+ Countries.

Australia Imports from United Arab Emirates of Crude Oil was US$314.95 Million during 2024, according to the United Nations COMTRADE database on international trade. Australia Imports from United Arab Emirates of Crude Oil - data, historical chart and statistics - was last updated on December of 2025.

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

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.

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.

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.

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.

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

On October 27, 2025, the Brent crude oil price stood at 65.14 U.S. dollars per barrel, compared to 61.31 U.S. dollars for WTI oil and 67.54 U.S. dollars for the OPEC basket. Oil prices rose slightly that week.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 global 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.

East and South Africa were the main source of crude oil exports from the African continent as of 2023. Some ***** million metric tons of crude oil were exported to the world with origin in the westernmost region of the continent. In its turn, exports of oil products were in higher quantities in North African countries, reaching **** million metric tons. Besides, oil products were imported in large quantities across all African regions. The import volume reached **** million metric tons in East and Southern Africa, **** million metric tons in West Africa, and **** million metric tons in North Africa.