Crude Oil rose to 68.75 USD/Bbl on July 11, 2025, up 3.27% from the previous day. Over the past month, Crude Oil's price has risen 1.04%, but it is still 16.37% lower than a year ago, 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 July of 2025.

OECD Americas is the region with the greatest oil demand, followed by China. In 2023, daily oil demand in the OECD Americas amounted to 25 million barrels. This figure is set to decrease to 21.5 million barrels by 2050, although it would remain the largest oil consuming region. India is forecast to see the greatest growth in daily oil demand, with figures expected to double by 2050.

Brent rose to 70.45 USD/Bbl on July 14, 2025, up 0.12% from the previous day. Over the past month, Brent's price has fallen 3.80%, and is down 16.98% 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 July of 2025.

As of May 2025, the average annual price of Brent crude oil stood at 72 U.S. dollars per barrel. This is some eight 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 a 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 Norway increased to 1777 BBL/D/1K in March from 1733 BBL/D/1K in February of 2025. This dataset provides the latest reported value for - Norway Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.

The United Kingdom is forecast to produce some **** million metric tons of crude oil in 2025. By 2050, this figure is expected to fall to **** million metric tons. According to the CCC Balanced Net Zero Pathway reference scenario, that year could see oil products' demand reach **** million metric tons of oil equivalent, which would be around ***** the projected output volume.

Long Chain Alkyl Silicone Oil Market Outlook

The global market size for Long Chain Alkyl Silicone Oil was valued at USD 1.5 billion in 2023 and is expected to reach approximately USD 2.8 billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 6.7% during the forecast period. This impressive growth can be attributed to several factors, including the expanding applications in various industries such as personal care, automotive, and pharmaceuticals, along with increasing technological advancements in manufacturing processes.

One of the primary growth factors in the Long Chain Alkyl Silicone Oil market is its diverse application across multiple sectors. In the personal care industry, the demand for advanced formulations that offer superior performance has driven the use of silicone oils. These oils provide benefits such as enhanced spreadability, superior skin feel, and long-lasting effects, making them essential in products like lotions, creams, and hair care products. Additionally, the unique properties of silicone oil, such as thermal stability and lubricity, make it indispensable in the automotive and industrial sectors, further propelling market growth.

Technological advancements also play a significant role in the market's expansion. Innovations in silicone oil production and the development of advanced product formulations have led to higher efficiency and better performance characteristics. Moreover, the increasing R&D activities aimed at creating eco-friendly and sustainable silicone oils are expected to open new avenues for market growth. The rising awareness about the environmental impact of chemical products has spurred the demand for green alternatives, and silicone oils are well-positioned to meet this need due to their low toxicity and biodegradability.

Another growth driver is the escalating demand from the pharmaceutical industry. Silicone oils are widely used as excipients in drug formulations and as lubricants in medical devices. Their biocompatibility and non-reactive nature make them ideal for various medical applications, from drug delivery systems to surgical instruments. The growing pharmaceutical industry, driven by an aging population and increasing health consciousness, is expected to significantly contribute to the demand for Long Chain Alkyl Silicone Oil in the coming years.

In terms of regional outlook, Asia Pacific is anticipated to dominate the Long Chain Alkyl Silicone Oil market throughout the forecast period. The region's robust industrial growth, particularly in countries like China, India, and Japan, is a major contributing factor. The burgeoning middle class and increasing disposable incomes in these countries are driving the demand for personal care and automotive products, thereby boosting the consumption of silicone oil. Moreover, favorable government policies supporting industrial development and foreign investments are likely to further enhance market prospects in this region.

Product Type Analysis

The Long Chain Alkyl Silicone Oil market is segmented by product type into Linear Alkyl Silicone Oil and Branched Alkyl Silicone Oil. Linear Alkyl Silicone Oil holds a significant share in the market due to its widespread application across various industries. This type of silicone oil is known for its excellent thermal stability, chemical resistance, and low surface tension, making it highly suitable for use in personal care products, lubricants, and industrial applications. The demand for Linear Alkyl Silicone Oil is expected to remain robust, driven by its superior performance characteristics and versatility.

Branched Alkyl Silicone Oil, on the other hand, is gaining traction due to its unique properties that are beneficial in specialized applications. This type of silicone oil offers enhanced spreading and film-forming abilities, which are particularly advantageous in the cosmetics and personal care industry. The increasing consumer preference for high-performance personal care products is likely to boost the demand for Branched Alkyl Silicone Oil. Additionally, the ongoing research and development activities aimed at improving the properties of branched silicone oils are expected to create new growth opportunities in this segment.

In the industrial sector, both Linear and Branched Alkyl Silicone Oils are extensively used as lubricants, antifoaming agents, and release agents. Their ability to withstand extreme temperatures and harsh environmental conditions makes them ideal for use in machinery and equipment. The growing industrialization and the need for effi

The shale oil industry, currently experiencing robust growth with a Compound Annual Growth Rate (CAGR) exceeding 5%, presents a compelling investment landscape. Driven by increasing global energy demand, technological advancements in hydraulic fracturing and horizontal drilling, and favorable government policies in key regions like North America, the market is projected to reach significant value by 2033. While fluctuating oil prices represent a considerable restraint, continuous innovation in extraction techniques, aimed at improving efficiency and reducing costs, is mitigating this risk. The market is segmented by production, consumption, import/export analysis (both value and volume), and price trends, offering a detailed understanding of market dynamics. Major players such as ExxonMobil, Chevron, and ConocoPhillips are leading the industry's expansion, continuously investing in exploration and production to maintain their market share. Regional variations exist, with North America currently dominating the market due to its established shale oil reserves and infrastructure, but regions like the Asia-Pacific are anticipated to witness substantial growth fueled by increasing energy consumption and infrastructure development. The forecast period from 2025 to 2033 anticipates a sustained expansion, though the rate of growth might fluctuate based on geopolitical factors and global economic conditions. Careful consideration of environmental concerns, including water usage and greenhouse gas emissions, is becoming increasingly crucial for the industry's long-term sustainability. Regulations and public perception surrounding environmental impact will play a significant role in shaping future market trajectories. Market analysis indicates a continuing shift towards more efficient and environmentally conscious extraction methods, attracting investment in research and development to enhance operational sustainability. Diversification of energy sources and the rising prominence of renewable energy will also influence the shale oil industry’s long-term growth potential. Nevertheless, the industry’s significant role in global energy security is expected to ensure its continued relevance and expansion for the foreseeable future. Recent developments include: In July 2022, Oilex and Schlumberger won a contract for the supply by Schlumberger of hydraulic fracturing services, coiled tubing and nitrogen services, and perforation services for the planned re-frac of the Cambay C-77H well in Gujarat, India., In April 2022, CNX Resources Corporation (NYSE: CNX) and Evolution Well Services announced a four-year extension to the previous contract. Since 2019, Evolution has provided its industry-leading electric fracturing technology to CNX. The technology is a 100% electric, natural gas-fueled, gas turbine-powered fracturing fleet for strategic basin development.. Notable trends are: Growing Petrochemical Industry to Drive the Market.

United Kingdom Crude Oil Production: Land Oil Field: Long Clawson data was reported at 0.222 Ton th in 2017. This records a decrease from the previous number of 2.671 Ton th for 2016. United Kingdom Crude Oil Production: Land Oil Field: Long Clawson data is updated yearly, averaging 7.584 Ton th from Dec 1991 (Median) to 2017, with 27 observations. The data reached an all-time high of 13.815 Ton th in 1991 and a record low of 0.222 Ton th in 2017. United Kingdom Crude Oil Production: Land Oil Field: Long Clawson data remains active status in CEIC and is reported by Oil & Gas Authority. The data is categorized under Global Database’s United Kingdom – Table UK.RB029: Petroleum: Production: By Land Oil Field.

Crude Oil Production in Venezuela increased to 1066 BBL/D/1K in May from 1051 BBL/D/1K in April of 2025. This dataset provides the latest reported value for - Venezuela Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Hedge funds reduce net-bullish crude positions, reflecting a cooling market sentiment influenced by trade concerns, the Ukraine conflict, and potential OPEC+ output changes.

Brent

United States Long Term Projections: Soybean Oil: Beginning Stocks, October 1 data was reported at 1,807.072 lb mn in 2034. This records an increase from the previous number of 1,787.072 lb mn for 2033. United States Long Term Projections: Soybean Oil: Beginning Stocks, October 1 data is updated yearly, averaging 1,787.072 lb mn from Dec 2022 (Median) to 2034, with 13 observations. The data reached an all-time high of 1,991.000 lb mn in 2022 and a record low of 1,607.072 lb mn in 2023. United States Long Term Projections: Soybean Oil: Beginning Stocks, October 1 data remains active status in CEIC and is reported by U.S. Department of Agriculture. The data is categorized under Global Database’s United States – Table US.RI010: Agricultural Projections: Soybeans and Products.

The IEA is the energy institute expecting the highest oil surplus for 2025. As demand outlooks remain modest, robust production output throughout 2024 is expected to result in some form of oil surplus, which would also impact oil prices. Woodmac was the only energy institute surveyed that did not see a surplus for the year. Production growth amid lower demand expectations The expected surplus in 2025 is largely attributed to non-OPEC production growth from major producers such as the United States and newcomers like Guyana. Overall, worldwide liquid fuels production could see a steep increase in the first half of 2025, if producers like OPEC stick to their output plans. This would come in spite of modest consumption expectations. Again, the IEA is the institute predicting the lowest growth in global oil demand when compared to other industry bodies such as the EIA and OPEC. Forecasting centers diverge in opinion on oil future Not only near-term, also long-term oil demand projections have become increasingly divergent among major energy institutions. OPEC's 2024 outlook expects global oil demand to surpass 113 million barrels per day by 2030, while the IEA's stated policies scenario anticipates demand reaching only 101.7 million barrels per day in the same year. Diesel and gasoil currently account for the largest share of oil product demand at 28.38 percent, though this is expected to decrease slightly by 2050. Jet fuel and kerosene are projected to see the greatest increase in demand shares over the coming decades.

Stocks of crude oil in the United States increased by 7.07million barrels in the week ending July 4 of 2025. This dataset provides the latest reported value for - United States Crude Oil Stocks Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Crude Oil Production in the United States increased to 13468 BBL/D/1K in April from 13450 BBL/D/1K in March 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.

34 Global export shipment records of Long,oil with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Russia Refined Petroleum Products: Long Distilled Crude Oil data was reported at 599.300 Ton th in Dec 2016. This records an increase from the previous number of 588.100 Ton th for Nov 2016. Russia Refined Petroleum Products: Long Distilled Crude Oil data is updated monthly, averaging 545.400 Ton th from Jan 2005 (Median) to Dec 2016, with 144 observations. The data reached an all-time high of 682.700 Ton th in Jul 2016 and a record low of 334.800 Ton th in Jun 2005. Russia Refined Petroleum Products: Long Distilled Crude Oil data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Energy Sector – Table RU.RBB001: Coke and Refined Petroleum Products: Summary.

Oman Oil Production: MAF Refinery: Output: Long Residue to PDO data was reported at 6,811.000 Barrel th in 2017. This records a decrease from the previous number of 14,620.200 Barrel th for 2016. Oman Oil Production: MAF Refinery: Output: Long Residue to PDO data is updated yearly, averaging 12,552.650 Barrel th from Dec 1994 (Median) to 2017, with 24 observations. The data reached an all-time high of 15,445.100 Barrel th in 2005 and a record low of 3,865.100 Barrel th in 2011. Oman Oil Production: MAF Refinery: Output: Long Residue to PDO data remains active status in CEIC and is reported by Ministry of Oil and Gas . The data is categorized under Global Database’s Oman – Table OM.RB009: Oil Production and Sales: Mina Al Fahal Refinery.