Crude Oil rose to 58.73 USD/Bbl on October 16, 2025, up 0.79% from the previous day. Over the past month, Crude Oil's price has fallen 7.80%, and is down 16.21% 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 October of 2025.

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 ...

Brent rose to 62.37 USD/Bbl on October 16, 2025, up 0.74% from the previous day. Over the past month, Brent's price has fallen 8.21%, and is down 16.23% 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 October of 2025.

Heating Oil rose to 2.20 USD/Gal on October 16, 2025, up 1.03% from the previous day. Over the past month, Heating Oil's price has fallen 6.70%, but it is still 0.16% 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 October 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.

Urals Oil fell to 56.48 USD/Bbl on October 15, 2025, down 0.18% from the previous day. Over the past month, Urals Oil's price has fallen 9.28%, and is down 15.46% 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.

On October 6, 2025, the Brent crude oil price stood at 63.49 U.S. dollars per barrel, compared to 59.49 U.S. dollars for WTI oil and 64.22 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.

As of August 2025, the average annual price of Brent crude oil stood at 71.3 U.S. dollars per barrel. This is over nine U.S. dollars lower than the 2024 average. Brent is the world's leading price benchmark for Atlantic basin crude oils. Crude oil is one of the most closely observed commodity prices as it influences costs across all stages of the production process and consequently alters the price of consumer goods as well. What determines crude oil benchmarks? In the past decade, crude oil prices have been especially volatile. Their inherent inelasticity regarding short-term changes in demand and supply means that oil prices are erratic by nature. However, since the 2009 financial crisis, many commercial developments have greatly contributed to price volatility, such as economic growth by BRIC countries like China and India, and the advent of hydraulic fracturing and horizontal drilling in the U.S. The outbreak of the coronavirus pandemic and the Russia-Ukraine war are examples of geopolitical events dictating prices. Light crude oils - Brent and WTI Brent Crude is considered a classification of sweet light crude oil and acts as a benchmark price for oil around the world. It is considered a sweet light crude oil due to its low sulfur content and low density and may be easily refined into gasoline. This oil originates in the North Sea and comprises several different oil blends, including Brent Blend and Ekofisk crude. Often, this crude oil is refined in Northwest Europe. Another sweet light oil often referenced alongside UK Brent is West Texas Intermediate (WTI). WTI oil prices amounted to 76.55 U.S. dollars per barrel in 2024.

Crude Oil Production in the United States increased to 13642 BBL/D/1K in July from 13533 BBL/D/1K in June of 2025. This dataset provides the latest reported value for - United States Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Sri Lanka Petroleum Price: Average: Crude Oil data was reported at 8,817.000 LKR/Barrel in 2017. This records an increase from the previous number of 6,757.000 LKR/Barrel for 2016. Sri Lanka Petroleum Price: Average: Crude Oil data is updated yearly, averaging 3,803.000 LKR/Barrel from Dec 1991 (Median) to 2017, with 27 observations. The data reached an all-time high of 14,416.000 LKR/Barrel in 2012 and a record low of 803.000 LKR/Barrel in 1992. Sri Lanka Petroleum Price: Average: Crude Oil data remains active status in CEIC and is reported by Central Bank of Sri Lanka. The data is categorized under Global Database’s Sri Lanka – Table LK.P008: Petroleum Price.

Geoscience Australia's Oracle organic geochemical database comprises analytical results for samples relevant to petroleum exploration, including source rocks, crude oils and natural gases collected across the Australian continent. The data comprises organic chemical analyses of hydrocarbon-bearing earth materials as well as including connectivity to some inorganic analyses. These data enable petroleum fluids to be typed into families and correlated to their source rock, from which depositional environment, age, and migration distances can be determined, and hence the extent of the total petroleum system can be mapped. This comprehensive data set is useful to government for evidence-based decision making on natural resources and the petroleum industry for de-risking conventional and unconventional petroleum exploration programs.

The data are produced by a wide range of analytical techniques. For example, source rocks are evaluated for their bulk compositional characteristics by programmed pyrolysis, pyrolysis-gas chromatography and organic petrology. Natural gases are analysed for their molecular and isotopic content by gas chromatography (GC) and gas chromatography-temperature conversion-mass spectrometry (GC-TC-IRMS). Crude oils and the extracts of source rocks are analysed for their bulk properties (API gravity; elemental analysis) and their molecular (biomarkers) and isotopic (carbon and hydrogen) content by GC, gas chromatography-mass spectrometry (GCMS) and GC-TC-IRMS.

The sample data originate from physical samples, well completion reports, and destructive analysis reports provided by the petroleum industry under the Offshore Petroleum and Greenhouse Gas Storage Act (OPGGSA) 2006 and previous Petroleum (submerged Lands) Act (PSLA) 1967. The sample data are also sourced from geological sampling programs in Australia by Geoscience Australia and its predecessor organisation's Australian Geological Survey Organisation (AGSO) and Bureau of Mineral Resources (BMR), and from the state and territory geological organisations. Geoscience Australia generates data from its own laboratories. Other open file data from publications, university theses and books are also included

Value: The organic geochemistry database enables digital discoverability and accessibility to key petroleum geochemical datasets. It delivers open file, raw petroleum-related analytical results to web map services and web feature services in Geoscience Australia’s portal. Derived datasets and value-add products are created based on calculated values and geological interpretations to provide information on the subsurface petroleum prospectivity of the Australian continent. For example, the ‘Oils of Australia’ series and the ‘characterisation of natural gas’ reports document the location, source and maturity of Australia’s petroleum resources. Details of the total petroleum systems of selected basins studied under the Exploring for the Future project can be found in the Petroleum Systems Summaries Tool in Geoscience Australia’s portal. Related Geoscience Australia Records and published papers can be obtained from eCat.

Scope: The collection initially comprised organic geochemical and petrological data on organic-rich sedimentary rocks, crude oils and natural gas from petroleum wells drilled in the onshore and offshore Australian continent. Over time, other sample types (ground water, fluid inclusions, mineral veins, bitumen) from other borehole types (minerals, stratigraphic – including the Integrated Ocean Drilling Program), marine dredge samples and field sites (outcrop, mines, surface seepage samples) have been analysed for their hydrocarbon content and are captured in the database. Results for many of the oil and gas samples held in the Australian National Offshore Wells Data Collection are included in this database.

U.S. Federal Oil & Gas Monthly Production & Disposition (2015–2025)

🌎 Project Overview

This dataset provides a comprehensive, cleaned, and analysis-ready record of the monthly production and disposition volumes of U.S. federal oil and natural gas resources from January 2015 through September 2025. Compiled from the authoritative OGOR-B reporting forms and curated by the U.S. Department of the Interior (DOI), Office of Natural Resources Revenue (ONRR), it reflects the official federal and Native American natural resource production data.

The dataset captures not only raw production volumes but also detailed disposition categories, which indicate how these resources are sold, measured, or allocated, making it a crucial resource for energy policy analysis, market forecasting, and sustainability research.

🌐 Context & Source Information

• Publisher: U.S. Department of the Interior – Office of Natural Resources Revenue (ONRR)
• Original Dataset: Monthly Production Disposition of U.S. Natural Resources Revenue (OGOR-B)
• Coverage: Federal lands, federal waters (Offshore regions: Alaska, Gulf of Mexico, Pacific), and Native American lands. Location data is intentionally withheld for Native American production to protect privacy and sovereignty.
• Temporal Scope: January 2015 – September 2025, monthly frequency.
• License: Creative Commons CCZero (CC0) – Public Domain. Anyone can use, modify, and distribute this data.
• Official Landing Page: ONRR Monthly Production Disposition Data

This dataset is a cornerstone for those researching U.S. energy economics, resource management, climate impact studies, and policy development.

📊 Data Dictionary

🛠️ Data Cleaning & Preprocessing

To ensure the dataset is analysis-ready, the following preprocessing steps were applied:

• Missing Value Handling:

  • State / County / FIPS Code: Missing values primarily correspond to offshore records and were logically filled with the label Offshore.
  • Offshore Region: Missing values indicate onshore records and were filled with the label Onshore.

• Data Standardization:

  • Standardized date formats for seamless time-series analysis.
  • Converted numerical volumes from string with commas to clean numeric types.

• Quality Assurance:

  • Verified consistency of commodity labels and disposition codes.
  • Confirmed monthly frequency across the 10-year time span.

These enhancements enable immediate use in machine learning pipelines, econometric models, and visual analytics without additional preprocessing.

🚀 Potential Use Cases

📊 Energy Economics & Market Forecasting

• Model long-term trends in U.S. oil and natural gas production.
• Correlate production with market prices or global economic indicators.
• Forecast supply-demand dynamics using ARIMA, Prophet, or LSTM models.

🌍 Environmental & Policy Research

• Quantify the environmental impact of onshore versus offshore production.
• Assess how federal production contributes to greenhouse gas emissions when combined with emissions datasets.
• Evaluate the effectiveness of U.S. energy policies and their evolution over a decade.

📈 Financial & Business Intelligence

• Integrate production volumes into energy sector investment models.
• Build revenue projections and budget impact analyses for federal and tribal authorities.
• Use disp...

Graph and download economic data for Spot Crude Oil Price: West Texas Intermediate (WTI) (WTISPLC) from Jan 1946 to Sep 2025 about WTI, crude, oil, price, and USA.

Crude Oil Production in Sudan remained unchanged at 30 BBL/D/1K in June. This dataset provides the latest reported value for - Sudan Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

This dataset contains Saudi Arabia Exports According to commodities for 2000 - 2019 . Data from General Authority for Statistics . Export API data for more datasets to advance energy economics research. The information shown describe how much exported from a specific product, from which country, and the value with the volume for each. All rights reserved to General Authority for statistics © 2017

Palm Oil rose to 4,474 MYR/T on October 15, 2025, up 0.31% from the previous day. Over the past month, Palm Oil's price has risen 0.65%, and is up 3.73% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Palm Oil - values, historical data, forecasts and news - updated on October of 2025.

The balanced annual panel data for 32 sub-Saharan countries from 2000 to 2020 was used for this study. The countries and period of study was informed by availability of data of interest. Specifically, 11 agricultural commodity dependent countries, 7 energy commodity dependent countries and 14 mineral and metal ore dependent countries were selected (Appendix 1). The annual data comprised of agricultural commodity prices, global oil prices (GOP) and mineral and metal ore prices, export value of the dependent commodity, total export value of the country, real GDP (RGDP) and terms of trade (TOT). The data for export value of the dependent commodity, total export value of the country, real GDP and terms of trade was sourced from world bank database (World Development Indicators). Data for agricultural commodity prices, global oil prices (GOP) and mineral and metal ore prices are obtained from World Bank commodity price data portal. This study used data from global commodity prices from the World Bank's commodity price data site since the error term (endogenous) is connected with each country's commodity export price index. The pricing information covered agricultural products, world oil, minerals, and metal ores. One benefit of adopting international commodity prices, according to Deaton and Miller (1995), is that they are frequently unaffected by national activities. The utilization of studies on global commodity prices is an example (Tahar et al., 2021). The commodity dependency index of country i at time i was computed as the as the ratio of export value of the dependent commodity to the total export value of the country. The commodity price volatility is estimated using standard deviation from monthly commodity price index to incorporate monthly price variation (Aghion et al., 2009). This approach addresses challenges of within the year volatility inherent in the annual data. In footstep of Arezki et al. (2014) and Mondal & Khanam (2018), standard deviation is used in this study as a proxy of commodity price volatility. The standard deviation is used because of its simplicity and it is not conditioned on the unit of measurement.

Offshore oil and gas services are not identified as a sector in the French classification of economic activities (NAF). They include a range of high value added segments among engineering services but also maritime works and manufacturing activities, some of which are included in other maritime activities analysed in the present report, e.g. maritime works (for offshore oil rig construction), LNG carrier building and cable and pipe making and laying. Turnover is analysed using a rough breakdown per main activity segment as proposed by the industry association. Value added and employment are estimated using INSEE data on larger business sectors. Exploration and production investment and fuel prices data are sourced from the oil and gas extraction industry and IMF, and supplement the description as key drivers of the activity.

Stock Price Time Series for PHX Minerals Inc. PHX Minerals Inc. operates as a natural gas and oil mineral company in the United States. The company produces and sells natural gas, crude oil, and natural gas liquids. Its principal properties are located in Oklahoma, Texas, Louisiana, North Dakota, and Arkansas. The company sells its products to various purchasers, such as pipeline and marketing companies. The company was formerly known as Panhandle Oil and Gas Inc. and changed its name to PHX Minerals Inc. in October 2020. PHX Minerals Inc. was founded in 1926 and is based in Fort Worth, Texas. As of June 23, 2025, PHX Minerals Inc. operates as a subsidiary of WhiteHawk Income Corporation.

We have updated and extended the dataset on giant oil discoveries previously published by Mike Horn under the auspice of the AAPG that contains discoveries from 1868 to 2010 (Halbouty, 2014; Horn, 2004). Beyond incorporating new discoveries after 2010 up to 2018 (and soon 2020), and corrections to the data, the main contribution has been to provide estimates of the US dollar value of the petroleum field presented in terms of Net Present Value (NPV). This is based on the discoveries’ estimated ultimate recoverable (EUR) amount of oil and gas, measured in nominal and real US dollars, using the price of petroleum in the year of discovery. Main publication: Cust, James, David Mihalyi and Alexis Rivera-Ballesteros, 2021, The Economic Effects of Giant Oil and Gas Discoveries in Charles A. Sternbach, Robert K. Merrill, and John C. Dolson, eds., Giant Fields of the Decade: 2010-2020: AAPG Memoir 125, p. 21-36