Crude Oil fell to 66.46 USD/Bbl on July 4, 2025, down 0.56% from the previous day. Over the past month, Crude Oil's price has risen 4.87%, but it is still 20.09% 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.

The worldwide crude oil price index stood at 191.78 index points in 2024. This was a slight decrease compared to the previous year, when the price index stood at over 194 index points. The global crude oil index is determined by benchmark prices such as Brent, WTI, and Dubai Fateh.

Brent fell to 68.29 USD/Bbl on July 4, 2025, down 0.52% from the previous day. Over the past month, Brent's price has risen 4.51%, but it is still 21.09% lower than a year ago, 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.

Interactive chart showing the daily closing price for West Texas Intermediate (NYMEX) Crude Oil over the last 10 years. The prices shown are in U.S. dollars.

The article provides an overview of the factors affecting the price of crude oil in the international market, including global demand, geopolitical events, production levels, and economic indicators. It highlights the significance of benchmarks such as Brent Crude and West Texas Intermediate (WTI) and the role of OPEC in influencing oil prices. The article also explores the impact of global events, geopolitical tensions, and the COVID-19 pandemic on oil prices. It emphasizes the importance of referring to r

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

The current international crude oil price is a widely watched and closely followed indicator in the global energy markets. It has a significant impact on various sectors of the economy, including transportation, manufacturing, and overall inflation. This article discusses the factors influencing crude oil prices, the role of Brent Crude as the global benchmark, the impact of the COVID-19 pandemic on prices, and the ongoing market sensitivity to geopolitical tensions and economic conditions.

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.

Graph and download economic data for Global price of WTI Crude (POILWTIUSDQ) from Q1 1990 to Q1 2025 about WTI, crude, oil, World, and price.

Palm Oil fell to 4,062 MYR/T on July 4, 2025, down 0.76% from the previous day. Over the past month, Palm Oil's price has risen 4.05%, and is up 0.54% 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 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.

Graph and download economic data for Global price of Brent Crude (POILBREUSDQ) from Q1 1990 to Q1 2025 about crude, oil, World, and price.

An overview of the crude oil price trends over the past 10 years, including factors such as geopolitical tensions, supply and demand dynamics, economic growth, and market speculation. Includes insights into the historic collapse in oil prices caused by the COVID-19 pandemic.

The international crude oil price has experienced significant fluctuations over the past 10 years, influenced by factors such as global demand and supply dynamics, geopolitical events, economic conditions, and policy decisions by major oil-producing countries. This article provides an overview of the price movements, starting from an average of $111 per barrel in 2011, declining to lows of negative prices in 2020, and recovering to around $66 per barrel in 2021. The complexities of the global oil market are

Crude Oil Price: Average International FOB: Indian Basket: USD data was reported at 59.620 USD/Barrel in 12 Dec 2018. This records an increase from the previous number of 58.780 USD/Barrel for 11 Dec 2018. Crude Oil Price: Average International FOB: Indian Basket: USD data is updated daily, averaging 66.590 USD/Barrel from Jan 2012 (Median) to 12 Dec 2018, with 1688 observations. The data reached an all-time high of 125.440 USD/Barrel in 13 Mar 2012 and a record low of 24.030 USD/Barrel in 20 Jan 2016. Crude Oil Price: Average International FOB: Indian Basket: USD 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.

Interactive daily chart of Brent (Europe) crude oil prices over the last ten years. Values shown are daily closing prices.

Ecuador Crude Oil: Price: Average: Petroleum WTI data was reported at 54.680 USD/Barrel in Jun 2019. This records a decrease from the previous number of 60.730 USD/Barrel for May 2019. Ecuador Crude Oil: Price: Average: Petroleum WTI data is updated monthly, averaging 75.215 USD/Barrel from Jan 2010 (Median) to Jun 2019, with 114 observations. The data reached an all-time high of 109.890 USD/Barrel in Apr 2011 and a record low of 30.330 USD/Barrel in Feb 2016. Ecuador Crude Oil: Price: Average: Petroleum WTI data remains active status in CEIC and is reported by Central Bank of Ecuador. The data is categorized under Global Database’s Ecuador – Table EC.P001: Crude Oil Prices.

Ecuador Crude Oil: Price: Average: Oriente & Napo data was reported at 55.342 USD/Barrel in Jun 2019. This records a decrease from the previous number of 60.840 USD/Barrel for May 2019. Ecuador Crude Oil: Price: Average: Oriente & Napo data is updated monthly, averaging 67.265 USD/Barrel from Jan 2010 (Median) to Jun 2019, with 114 observations. The data reached an all-time high of 112.454 USD/Barrel in Mar 2012 and a record low of 21.744 USD/Barrel in Jan 2016. Ecuador Crude Oil: Price: Average: Oriente & Napo data remains active status in CEIC and is reported by Central Bank of Ecuador. The data is categorized under Global Database’s Ecuador – Table EC.P001: Crude Oil Prices.

Ecuador Crude Oil: Price: Average: Oriente data was reported at 57.272 USD/Barrel in Jun 2019. This records a decrease from the previous number of 62.779 USD/Barrel for May 2019. Ecuador Crude Oil: Price: Average: Oriente data is updated monthly, averaging 69.726 USD/Barrel from Jan 2010 (Median) to Jun 2019, with 114 observations. The data reached an all-time high of 113.748 USD/Barrel in Apr 2012 and a record low of 23.254 USD/Barrel in Jan 2016. Ecuador Crude Oil: Price: Average: Oriente data remains active status in CEIC and is reported by Central Bank of Ecuador. The data is categorized under Global Database’s Ecuador – Table EC.P001: Crude Oil Prices.

High Frequency Indicator: The dataset contains day-wise compiled data from the year 2003 to till date on the Organization of the Petroleum Exporting Countries (OPEC) international basket price of crude oil

The OPEC basket or OPEC reference basket refers to the weighted mean or average of oil prices that OPEC member countries throughout the world maintain. The basket refers generally to a standard or set reference point for countries that analyze the oil prices and the consistency of the international oil market