On August 18, 2025, the Brent crude oil price stood at 66.54 U.S. dollars per barrel, compared to 63.42 U.S. dollars for WTI oil and 68.21 U.S. dollars for the OPEC basket. Oil prices remained largely unchanged that week as economic expectations stayed low.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.

Crude Oil Production in Iran decreased to 3245 BBL/D/1K in July from 3257 BBL/D/1K in June of 2025. This dataset provides the latest reported value for - Iran Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Analyzing the one-year chart of crude oil can provide insights into its price movement and market trends. This article discusses the factors influencing crude oil prices, the impact of the COVID-19 pandemic, and the future trajectory of oil prices.

Heating Oil rose to 2.31 USD/Gal on September 1, 2025, up 1.65% from the previous day. Over the past month, Heating Oil's price has fallen 0.45%, but it is still 1.17% 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 September of 2025.

Explore the factors influencing crude oil prices, including geopolitical tensions, OPEC decisions, and technological advancements. Understand the historical context, the role of OPEC, and how technical and fundamental analyses impact trading opportunities. Learn how oil prices affect global currencies and the influence of environmental policies on future demand.

Key information about Iran Crude Oil: Exports

• Iran Crude Oil: Exports was reported at 1,322.634 Barrel/Day th in Dec 2023
• This records an increase from the previous number of 900.632 Barrel/Day th for Dec 2022
• Iran Crude Oil: Exports data is updated yearly, averaging 2,122.500 Barrel/Day th from Dec 1980 to 2023, with 44 observations
• The data reached an all-time high of 2,684.100 Barrel/Day th in 2004 and a record low of 404.489 Barrel/Day th in 2020
• Iran Crude Oil: Exports data remains active status in CEIC and is reported by Organization of the Petroleum Exporting Countries
• The data is categorized under World Trend Plus’s Association: Energy Sector – Table RB.OPEC.CO: Crude Oil Exports

Graph and download economic data for Crude Oil Prices: Brent - Europe (WCOILBRENTEU) from 1987-05-15 to 2025-08-22 about crude, oil, Europe, commodities, and price.

The US crude oil chart is a vital tool for traders, analysts, and investors to analyze the historical price movements of crude oil in the United States. It provides valuable insights into market trends, support and resistance levels, and helps gauge the health of the oil industry and the broader economy. By accurately interpreting the chart, market participants can make informed decisions and potentially profit from the volatility of the oil market.

Examining the 20-year chart of crude oil provides insights into its historical price movements and trends. This article explores the factors influencing crude oil prices, including supply and demand dynamics, geopolitical tensions, and economic indicators. It also discusses the significant shifts in the market, such as the impact of the global recession in 2008-2009 and the surge in shale oil production. However, predicting future crude oil prices remains challenging due to the complex nature of the industr

Brent Crude Oil Prices - Historical chart and current data through 2025.

Urals Oil rose to 62.89 USD/Bbl on August 29, 2025, up 1.08% from the previous day. Over the past month, Urals Oil's price has fallen 8.38%, and is down 15.11% 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.

The WTI Crude Oil Futures Price Chart provides a visual representation of the historical prices of West Texas Intermediate (WTI) crude oil futures. Traders, investors, and analysts can use this chart to track price movements, study historical price patterns, and compare current prices with historical data. Additionally, the chart may include features such as trading volume and open interest to provide further insights into the market. However, it is important to consider other factors such as geopolitical e

Key information about United States Crude Oil: Production

• United States Crude Oil: Production was reported at 12,927.088 Barrel/Day th in Dec 2023
• This records an increase from the previous number of 11,910.573 Barrel/Day th for Dec 2022
• US Crude Oil: Production data is updated yearly, averaging 8,135.663 Barrel/Day th from Dec 1960 to 2023, with 64 observations
• The data reached an all-time high of 12,927.088 Barrel/Day th in 2023 and a record low of 4,999.727 Barrel/Day th in 2008
• US Crude Oil: Production data remains active status in CEIC and is reported by Organization of the Petroleum Exporting Countries
• The data is categorized under World Trend Plus’s Association: Energy Sector – Table RB.OPEC.CO: Crude Oil Production: Yearly

The crude oil market price chart is a graphical representation of the fluctuating prices of crude oil over a specific period of time. It provides valuable insights into the supply and demand dynamics, geopolitical events, and market trends that impact the price of crude oil. Learn about the key features of the chart, including historical price data, time scales, price units, technical analysis tools, comparative analysis, and news overlays. Discover the benefits of using the chart, such as price analysis, m

The global demand for crude oil (including biofuels) in 2024 amounted to 103.75 million barrels per day. The source expects economic activity and related oil demand to pick up by the end of the year, with forecast suggesting it could increase to more than 105 million barrels per day. Motor fuels make up majority of oil demand Oil is an important and versatile substance, used in different ways and in different forms for many applications. The road sector is the largest oil consuming sector worldwide. It accounts for nearly one half of the global demand for oil, largely due to reliance on motor spirits made from petroleum. The OPEC projects global oil product demand to reach 120 million barrels per day by 2050, with transportation fuels such as gasoline and diesel expected to remain the most consumed products. Diesel and gasoil demand is forecast to amount to 32.5 million barrels per day in 2050, up from 29 million barrels in 2023. Gasoline demand is forecast at 27 million barrels by 2050. Differences in forecast oil demand widen between major energy institutions Despite oil producing bodies such as the OPEC seeing continued importance for crude oil in the future, other forecast centers have been more moderate in their demand outlooks. For example, between the EIA, IEA, and OPEC, the latter was the only one to expect significant growth for oil demand until 2030.

A crude oil graph is a graphical representation of the price movement of crude oil over a specific period of time. It provides a comprehensive view of the fluctuations in crude oil prices, allowing investors, traders, and analysts to monitor and analyze the dynamics of the oil market.

Graph and download economic data for Global price of Dubai Crude (POILDUBUSDM) from Jan 1990 to Jun 2025 about crude, oil, World, and price.

Graph and download economic data for Global price of WTI Crude (POILWTIUSDM) from Jan 1990 to Jun 2025 about WTI, crude, oil, World, and price.

Graph and download economic data for CBOE Crude Oil ETF Volatility Index (OVXCLS) from 2007-05-10 to 2025-08-28 about ETF, VIX, volatility, crude, stock market, oil, and USA.

China Import Price: Crude Oil data was reported at 550.354 USD/Ton in Mar 2025. This records a decrease from the previous number of 565.521 USD/Ton for Feb 2025. China Import Price: Crude Oil data is updated monthly, averaging 391.538 USD/Ton from Jan 1993 (Median) to Mar 2025, with 387 observations. The data reached an all-time high of 948.796 USD/Ton in Aug 2008 and a record low of 88.470 USD/Ton in Jan 1999. China Import Price: Crude Oil data remains active status in CEIC and is reported by CEIC Data. The data is categorized under China Premium Database’s Price – Table CN.PH: Crude Oil Import and Export Price. [COVID-19-IMPACT]