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.

In 2021, Texas contributed the highest direct value to the oil and gas industry, contributing around 244 billion U.S. dollars. In contrast, the Louisiana's direct contribution stood at 29.2 billion U.S. dollars during the same year.

The value added by the U.S. oil and gas extraction industry amounted to 257.03 billion U.S dollars in 2023. This was a notable decrease from the previous year, but an increase compared to before 2021 which saw a decline in oil product demand due to pandemic-induced lockdowns. Energy supply fears in the wake of the Russia-Ukraine war as well as a return to pre-pandemic level economic activity are partly responsible for the increase in value added noted in 2022. The close connection between 'value added' and crude oil prices The term 'value added' here refers to the difference between the industry's gross output and the cost of production. In the oil and gas industry, the annual value added is majorly influenced by the impact of world market developments on crude oil prices. As these prices underlay market speculation they are especially volatile. For example, the peak in value added recorded in 2022 comes as domestic first purchase prices for crude oil in the U.S. saw a major increase to over 90 U.S. dollars per barrel, benefiting producers in the country. In 2023, the price was nearly 76 U.S. dollars per barrel. Oil and gas industry's contributions to U.S. GDP Producing sectors have historically been a major contributor to the country's gross domestic product. However, as technological advancements have strengthened the service industry, the role of producing sectors declined. In 2023, mining (which includes oil and gas extraction) contributed 380.9 billion U.S. dollars to U.S. coffers. This made it the third smallest contributing just sector ahead of utilities and agriculture.

The statistic depicts the largest global oil companies according to their market value in 2010 (in billion U.S. dollars). That year, the global corporation Exxon had a market value of *** billion U.S. dollars.

The timing flexibility of investments in oil and gas assets can potentially add value. In this article, we examine the value of waiting in exploration projects and propose a real option–based valuation method using least-squares Monte Carlo simulation. We show that the dynamics of the oil and gas prices have a large impact on the value of the option to wait, especially for projects with long lead times and durations. The uncertainty in the forward price curve is modeled using a two-factor stochastic price process. The article also presents the valuation method in the form of MATLAB functions and routines that can be used as an efficient test and analysis platform using the industry-standard input formats.

As a supplementary material for an original paper, this inventory contains a comprehensive list of 1,000 organic chemicals identified in bio-oil, meticulously catalogued to facilitate research and analysis. Each chemical is systematically classified into specific categories and subcategories based on structural and functional characteristics. Additionally, a value level ranging from 1 to 5 is assigned to each chemical to denote its economic value based on value pyramid of bio-product concept. This document serves as a supplementary material for different papers in peer-review journals. Moreover, this resource is designed to provide researchers and industry professionals with a detailed and accessible reference for understanding the diversity and potential applications of chemicals derived from bio-oil.

Exports of Refined Petroleum Oil (value) in China decreased to 3190847 USD Thousand in February from 3475887 USD Thousand in January of 2024. This dataset includes a chart with historical data for China Exports of Refined Petroleum Oil (value).

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.

The Value of exported petroleum.

Ecuador Crude Oil Exports: EP Petroecuador: FOB: Value data was reported at 494,434.773 USD th in Jun 2019. This records a decrease from the previous number of 616,566.656 USD th for May 2019. Ecuador Crude Oil Exports: EP Petroecuador: FOB: Value data is updated monthly, averaging 468,572.717 USD th from Jan 2004 (Median) to Jun 2019, with 186 observations. The data reached an all-time high of 1,336,204.801 USD th in May 2014 and a record low of 55,670.851 USD th in Mar 2004. Ecuador Crude Oil Exports: EP Petroecuador: FOB: Value 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.RB004: Crude Oil Statistics.

The global oil trade value refers to the total monetary value of oil that is bought and sold between countries around the world. It is a measure of the economic significance of the oil industry and the level of international oil trade. This article explores the factors influencing the global oil trade value, including oil prices, production levels, and demand and supply dynamics. It also discusses the impact of the COVID-19 pandemic on the global oil trade value and highlights the importance of understandin

CN: Import: Crude Petroleum Oil: Latin America: Ecuador data was reported at 44,149.393 USD th in Mar 2018. This records a decrease from the previous number of 47,135.011 USD th for Feb 2018. CN: Import: Crude Petroleum Oil: Latin America: Ecuador data is updated monthly, averaging 30,400.863 USD th from Jan 2008 (Median) to Mar 2018, with 123 observations. The data reached an all-time high of 296,089.094 USD th in Aug 2008 and a record low of 0.000 USD th in Nov 2017. CN: Import: Crude Petroleum Oil: Latin America: Ecuador data remains active status in CEIC and is reported by General Administration of Customs. The data is categorized under China Premium Database’s International Trade – Table CN.JL: Import by Country: Crude Petroleum Oil: Value.

Kazakhstan Exports: Value: Crude Oil and Gas Condensate data was reported at 3.016 USD bn in Feb 2025. This records an increase from the previous number of 2.732 USD bn for Jan 2025. Kazakhstan Exports: Value: Crude Oil and Gas Condensate data is updated monthly, averaging 2.894 USD bn from Jan 2004 (Median) to Feb 2025, with 254 observations. The data reached an all-time high of 7.398 USD bn in Jun 2011 and a record low of 591.900 USD mn in Feb 2004. Kazakhstan Exports: Value: Crude Oil and Gas Condensate data remains active status in CEIC and is reported by Bureau of National Statistics of the Agency for Strategic Planning and Reforms of the Republic of Kazakhstan. The data is categorized under Global Database’s Kazakhstan – Table KZ.JA005: Exports: by Commodity: Specific Goods.

{"definition": "Change in production, 2011 value minus 2000 value, valued at $57.90 per barrel. H_Growth (value of 2 in data download): 2011 value 2000 value >= $20 million; H_Decline (value of 9 in data download): 2011 value 2000 value < =-$20 million; Status Quo (value of 0 in data download): 2011 value - 2000 value change <+/- $20 million, or no data", "availableYears": "2000-2011", "name": "Change in the value of onshore oil production, 2000-11", "units": "Number", "shortName": "Oil_Change", "geographicLevel": "County", "dataSources": "ERS-USDA, State agency data on oil production. See County-level Oil and Gas Production in the U.S."}

© Oil_Change This layer is sourced from gis.ers.usda.gov.

Japan Imports Value Index: Crude Oil data was reported at 377.420 2000=100 in Sep 2008. This records a decrease from the previous number of 466.040 2000=100 for Aug 2008. Japan Imports Value Index: Crude Oil data is updated monthly, averaging 112.010 2000=100 from Jan 1998 (Median) to Sep 2008, with 129 observations. The data reached an all-time high of 466.040 2000=100 in Aug 2008 and a record low of 42.230 2000=100 in Jan 1999. Japan Imports Value Index: Crude Oil data remains active status in CEIC and is reported by Ministry of Finance. The data is categorized under Global Database’s Japan – Table JP.JA050: Imports Value Index.

CN: Import: Crude Petroleum Oil: Asia: Kirghizia data was reported at 0.000 USD th in Mar 2018. This stayed constant from the previous number of 0.000 USD th for Feb 2018. CN: Import: Crude Petroleum Oil: Asia: Kirghizia data is updated monthly, averaging 0.000 USD th from Jan 2008 (Median) to Mar 2018, with 123 observations. CN: Import: Crude Petroleum Oil: Asia: Kirghizia data remains active status in CEIC and is reported by General Administration of Customs. The data is categorized under China Premium Database’s International Trade – Table CN.JL: Import by Country: Crude Petroleum Oil: Value.

CN: Import: Crude Petroleum Oil: Europe: Belarus data was reported at 0.000 USD th in Mar 2018. This stayed constant from the previous number of 0.000 USD th for Feb 2018. CN: Import: Crude Petroleum Oil: Europe: Belarus data is updated monthly, averaging 0.000 USD th from Jan 2008 (Median) to Mar 2018, with 123 observations. CN: Import: Crude Petroleum Oil: Europe: Belarus data remains active status in CEIC and is reported by General Administration of Customs. The data is categorized under China Premium Database’s International Trade – Table CN.JL: Import by Country: Crude Petroleum Oil: Value.

Australia Petroleum Imports Value: Diesel Oil: Qatar data was reported at 24,042.003 AUD th in 2019. Australia Petroleum Imports Value: Diesel Oil: Qatar data is updated yearly, averaging 24,042.003 AUD th from Jun 2019 (Median) to 2019, with 1 observations. Australia Petroleum Imports Value: Diesel Oil: Qatar data remains active status in CEIC and is reported by Department of the Environment and Energy. The data is categorized under Global Database’s Australia – Table AU.RB011: Petroleum Imports Value: by Country.

Saudi Arabia Exports: Value: Oil data was reported at 79,467.981 SAR mn in Sep 2018. This records an increase from the previous number of 75,349.571 SAR mn for Aug 2018. Saudi Arabia Exports: Value: Oil data is updated monthly, averaging 53,000.595 SAR mn from May 2016 (Median) to Sep 2018, with 29 observations. The data reached an all-time high of 79,467.981 SAR mn in Sep 2018 and a record low of 44,371.983 SAR mn in Sep 2016. Saudi Arabia Exports: Value: Oil data remains active status in CEIC and is reported by General Authority for Statistics. The data is categorized under Global Database’s Saudi Arabia – Table SA.JA002: Exports: by Commodity: Value.

Shell has the highest brand value of any oil and gas company worldwide. In 2024, its brand value was estimated at ************ U.S. dollars. This put it notably ahead of its Big Oil competitors, as well as state-owned enterprises such as Aramco. Brand value of the oil and gas industry Brand value refers to the financial significance of a brand and provides an educated estimate of how much a brand is worth in the market. That is, how much would a purchaser pay for that brand. In recent years, United States-based oil and gas companies have had the largest brand value of any country, with China following. Shell's brand value follows greater low-carbon investments Shell is a United Kingdom-based oil and gas producer operating across the whole oil and gas value chain. Its brand resilience has been attributed to its focus on portfolio diversification alongside its core business. As of 2023, Shell had installed ************* of renewables capacity, with an additional ************* in the pipeline. Shell is not the only company to have widened its business scope, many other supermajors have also increased their low-carbon capex.