The 2025 annual OPEC oil price stood at ***** U.S. dollars per barrel, as of May. 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.

Monthly average retail prices for gasoline and fuel oil for Canada, selected provincial cities, Whitehorse and Yellowknife. Prices are presented for the current month and previous four months. Includes fuel type and the price in cents per litre.

United States - Producer Price Index by Industry: Petroleum Refineries: Jet Fuel (DISCONTINUED) was 242.00000 Index Jun 1985=100 in December of 2017, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Petroleum Refineries: Jet Fuel (DISCONTINUED) reached a record high of 509.40000 in July of 2008 and a record low of 45.90000 in February of 1999. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Petroleum Refineries: Jet Fuel (DISCONTINUED) - last updated from the United States Federal Reserve on June of 2025.

United States - Producer Price Index by Industry: Petroleum Refineries: Asphalt was 249.20800 Index Jun 1985=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Petroleum Refineries: Asphalt reached a record high of 425.06200 in July of 2022 and a record low of 56.50000 in December of 1996. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Petroleum Refineries: Asphalt - last updated from the United States Federal Reserve on July of 2025.

United States - Producer Price Index by Industry: Petroleum Refineries was 298.48300 Index Jun 1985=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Petroleum Refineries reached a record high of 579.57500 in June of 2022 and a record low of 42.10000 in June of 1976. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Petroleum Refineries - last updated from the United States Federal Reserve on July of 2025.

Graph and download economic data for Producer Price Index by Industry: Petroleum Refineries: Unfinished Oils and Lubricating Oil Base Stock (PCU324110324110J) from Jun 1985 to May 2025 about refineries, lubricants, petroleum, stocks, oil, PPI, industry, inflation, price index, indexes, price, and USA.

United States - Producer Price Index by Industry: Petroleum Refineries: Regular Gasoline was 244.54700 Index Jun 1985=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Petroleum Refineries: Regular Gasoline reached a record high of 459.61800 in June of 2022 and a record low of 45.40000 in December of 1998. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Petroleum Refineries: Regular Gasoline - last updated from the United States Federal Reserve on July of 2025.

United States - Producer Price Index by Industry: Petroleum Refineries: Light Fuel Oils (DISCONTINUED) was 268.00000 Index Jun 1985=100 in December of 2017, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Petroleum Refineries: Light Fuel Oils (DISCONTINUED) reached a record high of 533.60000 in July of 2008 and a record low of 6.80000 in February of 1947. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Petroleum Refineries: Light Fuel Oils (DISCONTINUED) - last updated from the United States Federal Reserve on June of 2025.

United States - Producer Price Index by Commodity: Fuels and Related Products and Power: No. 2 Diesel Fuel was 354.44500 Index Jun 1985=100 in April of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Fuels and Related Products and Power: No. 2 Diesel Fuel reached a record high of 833.31600 in June of 2022 and a record low of 47.60000 in February of 1999. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Fuels and Related Products and Power: No. 2 Diesel Fuel - last updated from the United States Federal Reserve on June of 2025.

United States - Producer Price Index by Industry: Petroleum Refineries: Gasoline, Including Finished Base Stocks and Blending Agents was 251.37600 Index Jun 1985=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Petroleum Refineries: Gasoline, Including Finished Base Stocks and Blending Agents reached a record high of 469.46700 in June of 2022 and a record low of 49.20000 in December of 1998. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Petroleum Refineries: Gasoline, Including Finished Base Stocks and Blending Agents - last updated from the United States Federal Reserve on July of 2025.

United States - Producer Price Index by Industry: Petroleum Refineries: Premium Gasoline was 269.79900 Index Jun 1985=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Petroleum Refineries: Premium Gasoline reached a record high of 493.76400 in June of 2022 and a record low of 20.00000 in February of 1973. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Petroleum Refineries: Premium Gasoline - last updated from the United States Federal Reserve on July of 2025.

United States - Producer Price Index by Industry: Petroleum Refineries: Kerosene, Except Jet Fuel (DISCONTINUED) was 249.10000 Index Jun 1985=100 in December of 2017, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Petroleum Refineries: Kerosene, Except Jet Fuel (DISCONTINUED) reached a record high of 486.90000 in July of 2008 and a record low of 15.60000 in February of 1973. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Petroleum Refineries: Kerosene, Except Jet Fuel (DISCONTINUED) - last updated from the United States Federal Reserve on June of 2025.

United States - Producer Price Index by Industry: Petroleum Refineries: Primary Products was 307.73000 Index Jun 1985=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Petroleum Refineries: Primary Products reached a record high of 609.75300 in June of 2022 and a record low of 52.60000 in December of 1998. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Petroleum Refineries: Primary Products - last updated from the United States Federal Reserve on July of 2025.

Australia Business Indicators Survey: Inventories: Mfg Subdivision: 2007-08p: Trend: Petroleum & Coal Product data was reported at 4,046.000 AUD mn in Jun 2010. This records a decrease from the previous number of 4,093.000 AUD mn for Mar 2010. Australia Business Indicators Survey: Inventories: Mfg Subdivision: 2007-08p: Trend: Petroleum & Coal Product data is updated quarterly, averaging 5,085.500 AUD mn from Sep 1985 (Median) to Jun 2010, with 100 observations. The data reached an all-time high of 7,741.000 AUD mn in Mar 1999 and a record low of 3,575.000 AUD mn in Sep 1985. Australia Business Indicators Survey: Inventories: Mfg Subdivision: 2007-08p: Trend: Petroleum & Coal Product data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.S034: Business Indicators Survey: ANZSIC 2006: Inventories: Chain Linked: 2007-08 Prices.

United States - Producer Price Index by Industry: Petroleum Refineries: Other Finished Petroleum Products, Including Waxes was 428.76400 Index Jun 1985=100 in April of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Petroleum Refineries: Other Finished Petroleum Products, Including Waxes reached a record high of 941.89700 in May of 2022 and a record low of 52.50000 in March of 1999. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Petroleum Refineries: Other Finished Petroleum Products, Including Waxes - last updated from the United States Federal Reserve on June of 2025.

United States - Producer Price Index by Industry: Petroleum Refineries: Heavy Fuel Oils, Including No. 5, No. 6, Heavy Diesel, Gas Enrichment Oils, Etc. (DISCONTINUED) was 255.30000 Index Jun 1985=100 in December of 2017, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Petroleum Refineries: Heavy Fuel Oils, Including No. 5, No. 6, Heavy Diesel, Gas Enrichment Oils, Etc. (DISCONTINUED) reached a record high of 434.60000 in March of 2012 and a record low of 7.20000 in June of 1949. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Petroleum Refineries: Heavy Fuel Oils, Including No. 5, No. 6, Heavy Diesel, Gas Enrichment Oils, Etc. (DISCONTINUED) - last updated from the United States Federal Reserve on June of 2025.

United States - Producer Price Index by Industry: Petroleum Refineries: Unfinished Oils and Lubricating Oil Base Stock was 389.60800 Index Jun 1985=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Petroleum Refineries: Unfinished Oils and Lubricating Oil Base Stock reached a record high of 727.50900 in July of 2022 and a record low of 100.00000 in June of 1985. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Petroleum Refineries: Unfinished Oils and Lubricating Oil Base Stock - last updated from the United States Federal Reserve on July of 2025.

United States - Producer Price Index by Commodity: Fuels and Related Products and Power: Lubricating and Similar Oils Not from Petroleum Refineries was 542.39300 Index Jun 1985=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Fuels and Related Products and Power: Lubricating and Similar Oils Not from Petroleum Refineries reached a record high of 573.21600 in November of 2022 and a record low of 90.10000 in January of 1987. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Fuels and Related Products and Power: Lubricating and Similar Oils Not from Petroleum Refineries - last updated from the United States Federal Reserve on June of 2025.

United States - Producer Price Index by Commodity: Machinery and Equipment: Diesel, Semidiesel, and Dual-Fuel Engines (Except Automotive) was 239.97700 Index Dec 1982=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Machinery and Equipment: Diesel, Semidiesel, and Dual-Fuel Engines (Except Automotive) reached a record high of 239.97700 in January of 2025 and a record low of 99.70000 in September of 1985. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Machinery and Equipment: Diesel, Semidiesel, and Dual-Fuel Engines (Except Automotive) - last updated from the United States Federal Reserve on July of 2025.

United States - Producer Price Index by Commodity: Fuels and Related Products and Power: Lubricating Grease Not from Petroleum Refineries was 501.64800 Index Jun 1985=100 in February of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Fuels and Related Products and Power: Lubricating Grease Not from Petroleum Refineries reached a record high of 501.64800 in October of 2024 and a record low of 95.60000 in September of 1987. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Fuels and Related Products and Power: Lubricating Grease Not from Petroleum Refineries - last updated from the United States Federal Reserve on July of 2025.