Crude Oil fell to 59.17 USD/Bbl on December 2, 2025, down 0.25% from the previous day. Over the past month, Crude Oil's price has fallen 3.08%, and is down 15.40% 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 December of 2025.

Gasoline fell to 1.86 USD/Gal on December 2, 2025, down 0.53% from the previous day. Over the past month, Gasoline's price has fallen 2.79%, and is down 4.95% 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 December of 2025.

The 2025 annual OPEC basket price stood at ***** U.S. dollars per barrel as of August. This would be lower than the 2024 average, which amounted to ***** U.S. dollars. The abbreviation OPEC stands for Organization of the Petroleum Exporting Countries and includes Algeria, Angola, Congo, Equatorial Guinea, Gabon, Iraq, Iran, Kuwait, Libya, Nigeria, Saudi Arabia, Venezuela, and the United Arab Emirates. The aim of the OPEC is to coordinate the oil policies of its member states. It was founded in 1960 in Baghdad, Iraq. The OPEC Reference Basket The OPEC crude oil price is defined by the price of the so-called OPEC (Reference) basket. This basket is an average of prices of the various petroleum blends that are produced by the OPEC members. Some of these oil blends are, for example: Saharan Blend from Algeria, Basra Light from Iraq, Arab Light from Saudi Arabia, BCF 17 from Venezuela, et cetera. By increasing and decreasing its oil production, OPEC tries to keep the price between a given maxima and minima. Benchmark crude oil The OPEC basket is one of the most important benchmarks for crude oil prices 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. The 2025 fall in prices was the result of weakened demand outlooks exacerbated by extensive U.S. trade tariffs.

Brent fell to 63.05 USD/Bbl on December 2, 2025, down 0.19% from the previous day. Over the past month, Brent's price has fallen 2.84%, and is down 14.36% 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 December of 2025.

United Kingdom BOE Forecast: Brent Crude Oil Price data was reported at 71.000 USD/Barrel in 2021. This records a decrease from the previous number of 74.000 USD/Barrel for 2020. United Kingdom BOE Forecast: Brent Crude Oil Price data is updated yearly, averaging 72.500 USD/Barrel from Dec 2014 (Median) to 2021, with 8 observations. The data reached an all-time high of 81.000 USD/Barrel in 2018 and a record low of 43.000 USD/Barrel in 2015. United Kingdom BOE Forecast: Brent Crude Oil Price data remains active status in CEIC and is reported by Bank of England. The data is categorized under Global Database’s United Kingdom – Table UK.P009: Crude Oil and Gas Prices: Forecast.

Urals Oil fell to 54.22 USD/Bbl on December 1, 2025, down 0.37% from the previous day. Over the past month, Urals Oil's price has fallen 7.52%, and is down 17.95% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Urals Crude.

Heating Oil rose to 2.35 USD/Gal on December 2, 2025, up 0.21% from the previous day. Over the past month, Heating Oil's price has fallen 2.25%, but it is still 6.31% higher than a year ago, 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 December of 2025.

Switzerland Brent Crude Oil Price data was reported at 75.710 USD/Barrel in Oct 2018. This records a decrease from the previous number of 82.790 USD/Barrel for Sep 2018. Switzerland Brent Crude Oil Price data is updated monthly, averaging 25.785 USD/Barrel from Jan 1970 (Median) to Oct 2018, with 586 observations. The data reached an all-time high of 139.390 USD/Barrel in Jun 2008 and a record low of 2.230 USD/Barrel in Dec 1970. Switzerland Brent Crude Oil Price data remains active status in CEIC and is reported by Swiss National Bank. The data is categorized under Global Database’s Switzerland – Table CH.P002: Fuel Prices.

Crude Oil Price: Indonesia data was reported at 61.320 USD/Barrel in Jul 2019. This records an increase from the previous number of 60.990 USD/Barrel for Jun 2019. Crude Oil Price: Indonesia data is updated monthly, averaging 42.500 USD/Barrel from Dec 1991 (Median) to Jul 2019, with 332 observations. The data reached an all-time high of 134.960 USD/Barrel in Jul 2008 and a record low of 9.990 USD/Barrel in Dec 1998. Crude Oil Price: Indonesia data remains active status in CEIC and is reported by Directorate General of Oil and Gas. The data is categorized under Global Database’s Indonesia – Table ID.PC001: Retail Price: By Major Commodities.

Indonesia Crude Oil Price: BD Karapan Condensate data was reported at 71.330 USD/Barrel in Mar 2025. This records a decrease from the previous number of 74.460 USD/Barrel for Feb 2025. Indonesia Crude Oil Price: BD Karapan Condensate data is updated monthly, averaging 79.380 USD/Barrel from Oct 2022 (Median) to Mar 2025, with 30 observations. The data reached an all-time high of 92.030 USD/Barrel in Sep 2023 and a record low of 70.400 USD/Barrel in Jun 2023. Indonesia Crude Oil Price: BD Karapan Condensate data remains active status in CEIC and is reported by Directorate General of Oil and Gas. The data is categorized under Indonesia Premium Database’s Energy Sector – Table ID.RBH003: Crude Oil Price.

Crude Oil Price: Average International FOB: Indian Basket: INR data was reported at 4,249.140 INR/Barrel in 05 Dec 2018. This records a decrease from the previous number of 4,324.140 INR/Barrel for 04 Dec 2018. Crude Oil Price: Average International FOB: Indian Basket: INR data is updated daily, averaging 4,308.560 INR/Barrel from Jan 2012 (Median) to 05 Dec 2018, with 1683 observations. The data reached an all-time high of 7,752.020 INR/Barrel in 28 Aug 2013 and a record low of 1,633.490 INR/Barrel in 20 Jan 2016. Crude Oil Price: Average International FOB: Indian Basket: INR data remains active status in CEIC and is reported by Ministry of Petroleum and Natural Gas. The data is categorized under India Premium Database’s Energy Sector – Table IN.RBJ001: Crude Oil Price: Average International FOB.

Indonesia Crude Oil Price: Anoa data was reported at 64.820 USD/Barrel in Jul 2019. This records an increase from the previous number of 64.770 USD/Barrel for Jun 2019. Indonesia Crude Oil Price: Anoa data is updated monthly, averaging 74.410 USD/Barrel from Jan 2006 (Median) to Jul 2019, with 163 observations. The data reached an all-time high of 140.070 USD/Barrel in Jul 2008 and a record low of 29.570 USD/Barrel in Jan 2016. Indonesia Crude Oil Price: Anoa data remains active status in CEIC and is reported by Directorate General of Oil and Gas. The data is categorized under Global Database’s Indonesia – Table ID.RBH003: Crude Oil Price.

Indonesia Crude Oil Price: Bekapai data was reported at 64.420 USD/Barrel in Jul 2019. This records an increase from the previous number of 64.370 USD/Barrel for Jun 2019. Indonesia Crude Oil Price: Bekapai data is updated monthly, averaging 74.780 USD/Barrel from Jan 2006 (Median) to Jul 2019, with 163 observations. The data reached an all-time high of 139.670 USD/Barrel in Jul 2008 and a record low of 29.170 USD/Barrel in Jan 2016. Indonesia Crude Oil Price: Bekapai data remains active status in CEIC and is reported by Directorate General of Oil and Gas. The data is categorized under Global Database’s Indonesia – Table ID.RBH003: Crude Oil Price.

Indonesia Crude Oil Price: Duri data was reported at 60.950 USD/Barrel in Jul 2019. This records an increase from the previous number of 60.850 USD/Barrel for Jun 2019. Indonesia Crude Oil Price: Duri data is updated monthly, averaging 66.650 USD/Barrel from Jan 2006 (Median) to Jul 2019, with 163 observations. The data reached an all-time high of 125.920 USD/Barrel in Mar 2012 and a record low of 24.870 USD/Barrel in Jan 2016. Indonesia Crude Oil Price: Duri data remains active status in CEIC and is reported by Directorate General of Oil and Gas. The data is categorized under Global Database’s Indonesia – Table ID.RBH003: Crude Oil Price.

Indonesia Crude Oil Price: Madura data was reported at 63.130 USD/Barrel in Jul 2019. This records an increase from the previous number of 62.880 USD/Barrel for Jun 2019. Indonesia Crude Oil Price: Madura data is updated monthly, averaging 72.170 USD/Barrel from Jan 2006 (Median) to Jul 2019, with 163 observations. The data reached an all-time high of 135.400 USD/Barrel in Jul 2008 and a record low of 27.490 USD/Barrel in Jan 2016. Indonesia Crude Oil Price: Madura data remains active status in CEIC and is reported by Directorate General of Oil and Gas. The data is categorized under Global Database’s Indonesia – Table ID.RBH003: Crude Oil Price.

Indonesia Crude Oil Price: Geragai data was reported at 62.170 USD/Barrel in Jul 2019. This records an increase from the previous number of 62.030 USD/Barrel for Jun 2019. Indonesia Crude Oil Price: Geragai data is updated monthly, averaging 73.600 USD/Barrel from Jan 2006 (Median) to Jul 2019, with 163 observations. The data reached an all-time high of 138.920 USD/Barrel in Jul 2008 and a record low of 26.820 USD/Barrel in Jan 2016. Indonesia Crude Oil Price: Geragai data remains active status in CEIC and is reported by Directorate General of Oil and Gas. The data is categorized under Global Database’s Indonesia – Table ID.RBH003: Crude Oil Price.

Indonesia Crude Oil Price: Widuri data was reported at 60.910 USD/Barrel in Jul 2019. This records an increase from the previous number of 60.810 USD/Barrel for Jun 2019. Indonesia Crude Oil Price: Widuri data is updated monthly, averaging 70.160 USD/Barrel from Jan 2006 (Median) to Jul 2019, with 163 observations. The data reached an all-time high of 131.950 USD/Barrel in Jul 2008 and a record low of 26.580 USD/Barrel in Jan 2016. Indonesia Crude Oil Price: Widuri data remains active status in CEIC and is reported by Directorate General of Oil and Gas. The data is categorized under Global Database’s Indonesia – Table ID.RBH003: Crude Oil Price.

Indonesia Crude Oil Price: Cinta data was reported at 60.770 USD/Barrel in Jul 2019. This records an increase from the previous number of 60.670 USD/Barrel for Jun 2019. Indonesia Crude Oil Price: Cinta data is updated monthly, averaging 70.000 USD/Barrel from Jan 2006 (Median) to Jul 2019, with 163 observations. The data reached an all-time high of 131.460 USD/Barrel in Jul 2008 and a record low of 26.460 USD/Barrel in Jan 2016. Indonesia Crude Oil Price: Cinta data remains active status in CEIC and is reported by Directorate General of Oil and Gas. The data is categorized under Global Database’s Indonesia – Table ID.RBH003: Crude Oil Price.

Indonesia Crude Oil Price: Walio Mix data was reported at 60.950 USD/Barrel in Jul 2019. This records an increase from the previous number of 60.700 USD/Barrel for Jun 2019. Indonesia Crude Oil Price: Walio Mix data is updated monthly, averaging 72.580 USD/Barrel from Jan 2006 (Median) to Jul 2019, with 163 observations. The data reached an all-time high of 138.530 USD/Barrel in Jul 2008 and a record low of 25.310 USD/Barrel in Jan 2016. Indonesia Crude Oil Price: Walio Mix data remains active status in CEIC and is reported by Directorate General of Oil and Gas. The data is categorized under Global Database’s Indonesia – Table ID.RBH003: Crude Oil Price.

Indonesia Crude Oil Price: Meslu data was reported at 61.250 USD/Barrel in Jul 2019. This records an increase from the previous number of 61.200 USD/Barrel for Jun 2019. Indonesia Crude Oil Price: Meslu data is updated monthly, averaging 71.610 USD/Barrel from Jan 2009 (Median) to Jul 2019, with 127 observations. The data reached an all-time high of 126.870 USD/Barrel in Mar 2012 and a record low of 26.000 USD/Barrel in Jan 2016. Indonesia Crude Oil Price: Meslu data remains active status in CEIC and is reported by Directorate General of Oil and Gas. The data is categorized under Global Database’s Indonesia – Table ID.RBH003: Crude Oil Price.