Crude Oil fell to 62.27 USD/Bbl on September 22, 2025, down 0.21% from the previous day. Over the past month, Crude Oil's price has fallen 3.91%, and is down 11.51% 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 September of 2025.

The 2025 annual OPEC basket price stood at ***** U.S. dollars per barrel as of July. 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.

Canada Energy Balance: Primary: Total Crude: Crude Oil: Direct Use data was reported at 0.000 Barrel/Day th in Jan 2025. This stayed constant from the previous number of 0.000 Barrel/Day th for Dec 2024. Canada Energy Balance: Primary: Total Crude: Crude Oil: Direct Use data is updated monthly, averaging 0.000 Barrel/Day th from Jan 2009 (Median) to Jan 2025, with 193 observations. The data reached an all-time high of 0.000 Barrel/Day th in Jan 2025 and a record low of 0.000 Barrel/Day th in Jan 2025. Canada Energy Balance: Primary: Total Crude: Crude Oil: Direct Use data remains active status in CEIC and is reported by Joint Organisations Data Initiative. The data is categorized under Global Database’s Canada – Table CA.JODI.WDB: Energy Balance: Oil. Including lease condensate; Refers to crude oil, NGL and Other which are used directly, without being processed in oil refineries, for example: crude oil burned for electricity generation

Sweden Energy Balance: Primary: Total Crude: Crude Oil: Exports data was reported at 0.000 Barrel/Day th in Feb 2025. This stayed constant from the previous number of 0.000 Barrel/Day th for Jan 2025. Sweden Energy Balance: Primary: Total Crude: Crude Oil: Exports data is updated monthly, averaging 0.000 Barrel/Day th from Jan 2002 (Median) to Feb 2025, with 278 observations. The data reached an all-time high of 100.811 Barrel/Day th in Feb 2021 and a record low of 0.000 Barrel/Day th in Feb 2025. Sweden Energy Balance: Primary: Total Crude: Crude Oil: Exports data remains active status in CEIC and is reported by Joint Organisations Data Initiative. The data is categorized under Global Database’s Sweden – Table SE.JODI.WDB: Energy Balance: Oil. Including lease condensate; Goods having physically crossed the national boundaries excluding transit trade, international marine and aviation bunkers. Exports should exclude international marine and aviation bunkers.

Brent rose to 67.60 USD/Bbl on September 23, 2025, up 1.55% from the previous day. Over the past month, Brent's price has fallen 1.74%, and is down 10.07% 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 September of 2025.

Poland Energy Balance: Primary: Total Crude: Crude Oil: Direct Use data was reported at 0.000 Barrel/Day th in Feb 2025. This stayed constant from the previous number of 0.000 Barrel/Day th for Jan 2025. Poland Energy Balance: Primary: Total Crude: Crude Oil: Direct Use data is updated monthly, averaging 0.000 Barrel/Day th from Jan 2009 (Median) to Feb 2025, with 194 observations. The data reached an all-time high of 0.000 Barrel/Day th in Feb 2025 and a record low of 0.000 Barrel/Day th in Feb 2025. Poland Energy Balance: Primary: Total Crude: Crude Oil: Direct Use data remains active status in CEIC and is reported by Joint Organisations Data Initiative. The data is categorized under Global Database’s Poland – Table PL.JODI.WDB: Energy Balance: Oil. Including lease condensate; Refers to crude oil, NGL and Other which are used directly, without being processed in oil refineries, for example: crude oil burned for electricity generation

Heating Oil fell to 2.29 USD/Gal on September 23, 2025, down 0.30% from the previous day. Over the past month, Heating Oil's price has fallen 2.64%, but it is still 4.64% 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.

Jamaica Energy Balance: Primary: Total Crude: Crude Oil: Production data was reported at 0.000 Barrel/Day th in Jan 2025. This stayed constant from the previous number of 0.000 Barrel/Day th for Dec 2024. Jamaica Energy Balance: Primary: Total Crude: Crude Oil: Production data is updated monthly, averaging 0.000 Barrel/Day th from Jan 2002 (Median) to Jan 2025, with 277 observations. The data reached an all-time high of 1.000 Barrel/Day th in May 2019 and a record low of 0.000 Barrel/Day th in Jan 2025. Jamaica Energy Balance: Primary: Total Crude: Crude Oil: Production data remains active status in CEIC and is reported by Joint Organisations Data Initiative. The data is categorized under Global Database’s Jamaica – Table JM.JODI.WDB: Energy Balance: Oil. Including lease condensate; Production of Crude Oil only. Production: Crude Oil - Indigenous Production Marketed production, after removal of impurities but including quantities consumed by the producer in the production process.

Cuba Energy Balance: Primary: Total Crude: Direct Use data was reported at 0.000 Barrel/Day th in Jan 2025. This stayed constant from the previous number of 0.000 Barrel/Day th for Dec 2024. Cuba Energy Balance: Primary: Total Crude: Direct Use data is updated monthly, averaging 0.000 Barrel/Day th from Jan 2009 (Median) to Jan 2025, with 193 observations. The data reached an all-time high of 0.000 Barrel/Day th in Jan 2025 and a record low of 0.000 Barrel/Day th in Jan 2025. Cuba Energy Balance: Primary: Total Crude: Direct Use data remains active status in CEIC and is reported by Joint Organisations Data Initiative. The data is categorized under Global Database’s Cuba – Table CU.JODI.WDB: Energy Balance: Oil. Total = Crude oil + NGL + Other; Refers to crude oil, NGL and Other which are used directly, without being processed in oil refineries, for example: crude oil burned for electricity generation

Syria Energy Balance: Primary: Total Crude: Direct Use data was reported at 0.000 Barrel/Day th in Jan 2025. This stayed constant from the previous number of 0.000 Barrel/Day th for Dec 2024. Syria Energy Balance: Primary: Total Crude: Direct Use data is updated monthly, averaging 0.000 Barrel/Day th from Jan 2009 (Median) to Jan 2025, with 193 observations. The data reached an all-time high of 0.000 Barrel/Day th in Jan 2025 and a record low of 0.000 Barrel/Day th in Jan 2025. Syria Energy Balance: Primary: Total Crude: Direct Use data remains active status in CEIC and is reported by Joint Organisations Data Initiative. The data is categorized under Global Database’s Syrian Arab Republic – Table SY.JODI.WDB: Energy Balance: Oil. Total = Crude oil + NGL + Other; Refers to crude oil, NGL and Other which are used directly, without being processed in oil refineries, for example: crude oil burned for electricity generation

Urals Oil fell to 61.56 USD/Bbl on September 19, 2025, down 2.58% from the previous day. Over the past month, Urals Oil's price has fallen 2.43%, and is down 11.91% 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.

Georgia Energy Balance: Primary: Total Crude: Crude Oil: Direct Use data was reported at 0.000 Barrel/Day th in Jan 2025. This stayed constant from the previous number of 0.000 Barrel/Day th for Dec 2024. Georgia Energy Balance: Primary: Total Crude: Crude Oil: Direct Use data is updated monthly, averaging 0.000 Barrel/Day th from Jan 2009 (Median) to Jan 2025, with 193 observations. The data reached an all-time high of 0.000 Barrel/Day th in Jan 2025 and a record low of 0.000 Barrel/Day th in Jan 2025. Georgia Energy Balance: Primary: Total Crude: Crude Oil: Direct Use data remains active status in CEIC and is reported by Joint Organisations Data Initiative. The data is categorized under Global Database’s Georgia – Table GE.JODI.WDB: Energy Balance: Oil. Including lease condensate; Refers to crude oil, NGL and Other which are used directly, without being processed in oil refineries, for example: crude oil burned for electricity generation

Gasoline rose to 1.98 USD/Gal on September 22, 2025, up 0.54% from the previous day. Over the past month, Gasoline's price has fallen 8.00%, and is down 1.12% 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 September of 2025.

Azerbaijan Energy Balance: Primary: Total Crude: Statistical Difference data was reported at 0.000 Barrel/Day th in Jan 2025. This stayed constant from the previous number of 0.000 Barrel/Day th for Dec 2024. Azerbaijan Energy Balance: Primary: Total Crude: Statistical Difference data is updated monthly, averaging 0.000 Barrel/Day th from Jan 2009 (Median) to Jan 2025, with 193 observations. The data reached an all-time high of 0.000 Barrel/Day th in Jan 2025 and a record low of 0.000 Barrel/Day th in Jan 2025. Azerbaijan Energy Balance: Primary: Total Crude: Statistical Difference data remains active status in CEIC and is reported by Joint Organisations Data Initiative. The data is categorized under Global Database’s Azerbaijan – Table AZ.JODI.WDB: Energy Balance: Oil. Total = Crude oil + NGL + Other; Differences between observed supply flows and Refinery intake or Demand

Norway Energy Balance: Primary: Total Crude: Crude Oil: Production From Other Sources data was reported at 0.000 Barrel/Day th in Jan 2025. This stayed constant from the previous number of 0.000 Barrel/Day th for Dec 2024. Norway Energy Balance: Primary: Total Crude: Crude Oil: Production From Other Sources data is updated monthly, averaging 0.000 Barrel/Day th from Jan 2009 (Median) to Jan 2025, with 193 observations. The data reached an all-time high of 0.000 Barrel/Day th in Jan 2025 and a record low of 0.000 Barrel/Day th in Jan 2025. Norway Energy Balance: Primary: Total Crude: Crude Oil: Production From Other Sources data remains active status in CEIC and is reported by Joint Organisations Data Initiative. The data is categorized under Global Database’s Norway – Table NO.JODI.WDB: Energy Balance: Oil. Including lease condensate; Inputs of additives, biofuels and other hydrocarbons that are produced from non-oil sources such as: coal, natural gas or renewables

Brunei Energy Balance: Primary: Total Crude: Production From Other Sources data was reported at 0.898 Barrel/Day th in Feb 2025. This records an increase from the previous number of 0.811 Barrel/Day th for Jan 2025. Brunei Energy Balance: Primary: Total Crude: Production From Other Sources data is updated monthly, averaging 0.609 Barrel/Day th from Jan 2009 (Median) to Feb 2025, with 194 observations. The data reached an all-time high of 1.014 Barrel/Day th in Aug 2017 and a record low of 0.000 Barrel/Day th in May 2017. Brunei Energy Balance: Primary: Total Crude: Production From Other Sources data remains active status in CEIC and is reported by Joint Organisations Data Initiative. The data is categorized under Global Database’s Brunei – Table BN.JODI.WDB: Energy Balance: Oil. Total = Crude oil + NGL + Other; Inputs of additives, biofuels and other hydrocarbons that are produced from non-oil sources such as: coal, natural gas or renewables

Colombia Energy Balance: Primary: Total Crude: Statistical Difference data was reported at 0.000 Barrel/Day th in Jan 2025. This stayed constant from the previous number of 0.000 Barrel/Day th for Dec 2024. Colombia Energy Balance: Primary: Total Crude: Statistical Difference data is updated monthly, averaging 0.000 Barrel/Day th from Jan 2009 (Median) to Jan 2025, with 193 observations. The data reached an all-time high of 0.000 Barrel/Day th in Jan 2025 and a record low of 0.000 Barrel/Day th in Jan 2025. Colombia Energy Balance: Primary: Total Crude: Statistical Difference data remains active status in CEIC and is reported by Joint Organisations Data Initiative. The data is categorized under Global Database’s Colombia – Table CO.JODI.WDB: Energy Balance: Oil. Total = Crude oil + NGL + Other; Differences between observed supply flows and Refinery intake or Demand

Energy Balance: Secondary: Total Oil Products: Liquefied Petroleum Gases: Demand data was reported at 0.000 Barrel/Day th in Jan 2025. This records a decrease from the previous number of 2,871.292 Barrel/Day th for Dec 2024. Energy Balance: Secondary: Total Oil Products: Liquefied Petroleum Gases: Demand data is updated monthly, averaging 864.340 Barrel/Day th from Jan 2002 (Median) to Jan 2025, with 277 observations. The data reached an all-time high of 2,993.564 Barrel/Day th in Jun 2024 and a record low of 0.000 Barrel/Day th in Jan 2025. Energy Balance: Secondary: Total Oil Products: Liquefied Petroleum Gases: Demand data remains active status in CEIC and is reported by Joint Organisations Data Initiative. The data is categorized under Global Database’s China – Table CN.JODI.WDB: Energy Balance: Oil. Comprises propane and butane; Demand of Finished Products only. Demand of finished products: Deliveries or sales to the inland market (domestic consumption) plus Refinery Fuel plus International Marine and Aviation Bunkers. Demand for Other oil products includes direct use of Crude oil, NGL, and Other.

Sudan Energy Balance: Primary: Total Crude: Direct Use data was reported at 0.000 Barrel/Day th in Jan 2025. This stayed constant from the previous number of 0.000 Barrel/Day th for Dec 2024. Sudan Energy Balance: Primary: Total Crude: Direct Use data is updated monthly, averaging 0.000 Barrel/Day th from Jan 2009 (Median) to Jan 2025, with 193 observations. The data reached an all-time high of 0.000 Barrel/Day th in Jan 2025 and a record low of 0.000 Barrel/Day th in Jan 2025. Sudan Energy Balance: Primary: Total Crude: Direct Use data remains active status in CEIC and is reported by Joint Organisations Data Initiative. The data is categorized under Global Database’s Sudan – Table SD.JODI.WDB: Energy Balance: Oil. Total = Crude oil + NGL + Other; Refers to crude oil, NGL and Other which are used directly, without being processed in oil refineries, for example: crude oil burned for electricity generation

North Macedonia Energy Balance: Primary: Total Crude: Crude Oil: Direct Use data was reported at 0.000 Barrel/Day th in Jan 2025. This stayed constant from the previous number of 0.000 Barrel/Day th for Dec 2024. North Macedonia Energy Balance: Primary: Total Crude: Crude Oil: Direct Use data is updated monthly, averaging 0.000 Barrel/Day th from Jan 2009 (Median) to Jan 2025, with 193 observations. The data reached an all-time high of 0.000 Barrel/Day th in Jan 2025 and a record low of 0.000 Barrel/Day th in Jan 2025. North Macedonia Energy Balance: Primary: Total Crude: Crude Oil: Direct Use data remains active status in CEIC and is reported by Joint Organisations Data Initiative. The data is categorized under Global Database’s North Macedonia – Table MK.JODI.WDB: Energy Balance: Oil. Including lease condensate; Refers to crude oil, NGL and Other which are used directly, without being processed in oil refineries, for example: crude oil burned for electricity generation